Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,765,000
Warehouses
17301 2nd Ave Miami Gardens, FL 33169-5035
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2925474
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1956
Construction
CONCRETE
Total area
28,930 SF
Lot
6.93 ac (301,870 SF)
Zoning code
7300:INDUSTRIAL,HVY MFG
APN
34-2112-013-0010
UPID
US18-2925474
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
$7.26M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.77M
Owner & transaction history
Wintergreen Properties LLC · 9 yrs held
Wintergreen Properties LLC
since 2017
7 recorded transactions
Zoning & alternative use
7300:INDUSTRIAL,HVY MFG · Miami Gardens, 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 Miami Gardens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami Gardens 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%
$7,865,000
6.5%
$7,260,000
7%
$6,740,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,600,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$8,220,000
Change: -4% · Conversion: Moderate
OFFICE BUILDING
$7,195,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$5.77M
Range $5.19M – $6.34M · ±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
$199 / 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
$126,237
Tax year 2023
Assessed value
$6,355,126
Assessed 2023
Previous assessed
$6,355,126
+0.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$5,433,660
Assessed improvement
$921,466
Land market value
$5,433,660
Improvement market value
$921,466
Total market value
$6,355,126
Applied tax rate
3,400.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1956
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
28,930 SF
Lot
6.93 ac (301,870 SF)
Zoning code
7300:INDUSTRIAL,HVY MFG
APN
34-2112-013-0010
UPID
US18-2925474
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7300:INDUSTRIAL,HVY MFG · Miami Gardens, FL
Zoning 7300:INDUSTRIAL,HVY MFG · permitted uses
7300:INDUSTRIAL,HVY MFG · Miami Gardens, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami Gardens. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$8.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.2M
OFFICE BUILDING
Est. value
$7.2M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1956
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
6.93 ac
Current owner
From public records · entity-resolved
Wintergreen Properties LLC
Entity
Mailing address
12 W CAMPBELL ST #2, ARLINGTON HEIGHTS, IL 60005-1445
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2020
—
Wintergreen Properties LLC
—
Deed
related
$180,000,000 · Bank Of America
Feb 16, 2017
$3,750,000
Wintergreen Properties LLC
Wabash Natl Trailer Centers I
Grant Deed
—
May 10, 2012
—
Natl Trailer Centers I Wabash
—
Deed Of Trust
related
$150,000,000 · Wells Fargo Capital Finance
Aug 18, 2009
—
Natl Trailer Centers I Wabash
—
Deed Of Trust
related
$100,000,000 · Bank Of America
Jul 27, 2007
—
Natl Trailer Centers I Wabash
—
Deed Of Trust
related
$25,000,000 · Bank Of America
Jan 31, 2005
—
Natl Trailer Centers I Wabash
—
Deed Of Trust
related
$1,700,000 · Fleet Capital Corp
—
—
Wabash Natl Trailer Centers I
—
Loan Modification
related
$175,000,000 · Wells Fargo Cap Fin
—
—
Natl Trailer Centers I Wabash
—
Deed Of Trust
related
$4,250,000 · Morgan Stanley Senior Funding
—
—
Wintergreen Properties LLC
—
Deed Of Trust
related
$180,000,000 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 17301 2nd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
