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Property profile & analytics
OFF-MARKET
Estimated value
$1,515,000
Office buildings
171 166th St Miami, FL 33162-3441
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US19-0646393
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Construction
CONCRETE
Total area
7,199 SF
Lot
0.31 ac (13,500 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
30-2113-007-3850
UPID
US19-0646393
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
Current use
Occupant on record · Public records
-
Save Life Community Development Food Bank Charitable Organization
-
True Gospel Holiness Christian Center, Inc Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.52M
Owner & transaction history
True Gospel Holiness Christian Cent · 13 yrs held
True Gospel Holiness Christian Cent
since 2013
7 recorded transactions
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Miami, FL
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 Miami submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,370,000
Current use
WAREHOUSE, STORAGE
$2,140,000
Change: -10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,045,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.52M
Range $1.36M – $1.67M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$210 / 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
$43
Tax year 2023
Assessed value
$920,459
Assessed 2023
Previous assessed
$600,000
+53.4% YoY
Effective rate
0.00%
On assessed value
Assessed land
$432,000
Assessed improvement
$488,459
Land market value
$432,000
Improvement market value
$488,459
Total market value
$920,459
Applied tax rate
3,000.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1971
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
7,199 SF
Lot
0.31 ac (13,500 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
30-2113-007-3850
UPID
US19-0646393
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Miami, FLZoning 6400:COMMERCIAL,CENTRAL · permitted uses
6400:COMMERCIAL,CENTRAL · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning and Zoning
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.4M
WAREHOUSE, STORAGE
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1971
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
True Gospel Holiness Christian Cent
Individual
Mailing address
171 NE 166TH ST, MIAMI, FL 33162-3441
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2022
—
True Gospel Holiness Crstn Cenfer I
—
Deed
related
$840,000 · Worldwide Mortgage Lending Group INC
Sep 8, 2016
—
True Gospel Holiness Christian
—
Deed
related
$330,000 · Banco Popular
Jul 12, 2013
$500,000
True Gospel Holiness Christian Cent
Elite Holdings Group Vi INC
Warranty Deed
$325,000 · Blackburne & Sons Realty Capital Co
Dec 30, 2004
$787,500
Elite Holdings Group Vi INC
Ne 166 LLC
Grant Deed
related
$495,000 · Mellon United National Bank
Dec 23, 2003
$310,000
Ne 166 LLC
Vick,charles
Grant Deed
related
—
Dec 14, 1998
$260,000
Masoud Ketabchi
Garber,harold E
Grant Deed
related
$364,000 · First Union National Bank
—
—
Ne 166 LLC
—
Deed Of Trust
related
$350,000 · United National Bank
—
—
Elite Holdings Group IV INC
—
Deed Of Trust
related
$350,000 · Ocean Bank
—
—
Elite Holdings Group Vi INC
—
Deed Of Trust
related
$350,000 · Ocean Bank
—
—
Elite Holdings Group IV INC
—
Deed Of Trust
related
$150,000 · Ocean Bank
—
—
True Gospel Holiness Christian
—
Deed Of Trust
related
$330,000 · Banco Popular
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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