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Property profile & analytics
OFF-MARKET
Estimated value
$2,020,000
Automotive properties
16165 Dixie Hwy Palmetto Bay, FL 33157-1840
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-5456132
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2021
Construction
CONCRETE
Total area
18,643 SF
Lot
13.27 ac (577,932 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
33-5028-002-0030
UPID
US18-5456132
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.02M
Owner & transaction history
Kendall B Automotive Management LLC · 2 yrs held
Kendall B Automotive Management LLC
since 2024
3 recorded transactions
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Palmetto Bay, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Palmetto Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmetto Bay submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$108 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$746,029
Tax year 2023
Assessed value
$48,256,709
Assessed 2023
Previous assessed
$48,256,709
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$20,062,857
Assessed improvement
$28,193,852
Land market value
$20,062,857
Improvement market value
$28,193,852
Total market value
$48,256,709
Applied tax rate
3,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2021
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
19
Total area
18,643 SF
Lot
13.27 ac (577,932 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
33-5028-002-0030
UPID
US18-5456132
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Palmetto Bay, FL
Zoning 6200:COMMERCIAL,ARTERIAL · permitted uses
6200:COMMERCIAL,ARTERIAL · Palmetto Bay, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmetto Bay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
19
Lot
13.27 ac
Current owner
From public records · entity-resolved
Kendall B Automotive Management LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3031 N ROCKY PT DR STE #770, TAMPA, FL 33607-5805
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2024
—
Kendall B Automotive Management LLC
South Motor Company Of Dade County
Lease
—
Jan 30, 2018
—
South Motor Co Of Dade County
—
Loan Modification
related
$46,244,566 · Bank Of America
Sep 27, 2010
—
South Motor Co Of Dade County
—
Deed Of Trust
related
$17,524,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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