Property profile

16480 48th Ave Miami Lakes, FL 33014

OFF-MARKET
Manufacturing properties
Property ID
US18-0254013
53,944 SF 2 ac lot Built 1974
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1974
Construction CONCRETE
Total area 53,944 SF
Lot 2 ac (87,120 SF)
Zoning code 7100:INDUSTRIAL,LIGHT MFG
APN 34-2118-007-0090
UPID US18-0254013

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Spa & Massage Center

Location

16480 48th Ave Miami Lakes, FL 33014-6419
Miami Lakes metro Census 507 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.58M
Blend (final) Blend
$7.60M

Owner & transaction history

since 2020
Last sale
$5.3M
7 recorded transactions
2020
$5.3M
2007
$2.4M
2007
Price N/A
2007
$1.2M
2006
Price N/A
2006
Price N/A
2005
Price N/A

Zoning & alternative use

7100:INDUSTRIAL,LIGHT MFG · Miami Lakes, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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