18331 1st Ave Miami, FL 33179-4417
Entity Owned
Absentee Owner
Free & Clear
Estimated value (blended)
$1.78M
Range $1.60M – $1.96M (±10%)
Property ID
US18-1535471
Property summary
AI-generated overview
This 2,422-square-foot warehouse bay, located in Miami Gardens, Florida, is available for lease at $4,000 per month plus NNN expenses ($465.16/month). Situated within a larger 11,420-square-foot industrial building on a 0.41-acre lot (17,962 square feet), this single-tenant space features 16-foot clear ceilings, a concrete beam roof, one roll-up door, and one pedestrian door. The bay includes a bathroom and a reception office with a wall-mounted air conditioning unit
Property profile
Verified
Property type
Industrial properties
Use group
WAREHOUSE, STORAGE
Year built
1968
Construction
CONCRETE
Total area
11,420 SF
Lot
0.41 ac (17,962 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
30-2101-008-0050
UPID
US18-1535471
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
-
Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.78M
Owner & transaction history
since 2026
4 recorded transactions
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Miami, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 33 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.78M
Value range
$1.60M – $1.96M
±10% around blend
Estimated value / SF
$156 / SF
Confidence
High
33 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
100
$1.60M
blend $1.78M
$1.96M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
11,420 SF
Lot area
0.41 ac
Year built
1968
Stories
1
APN
30-2101-008-0050
Assessed value
$1,870,000
Annual tax
$21,222
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$3.38M
Weighted, 20 comps · high confidence
Evidence
33 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.7 mi away · 9,985 SF
8.5 mi away · 11,175 SF
9.7 mi away · 10,925 SF
10.1 mi away · 13,190 SF
10.6 mi away · 11,100 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.78M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 779 sales
$297
-48%
County 955 sales
$275
-43%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $156/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 33 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.87M
Move the market yield to see immediate price impact.
Value / SF
$164
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$118k
$2.36M
$1.68M
$1.31M
$131k
$2.62M
$1.87M
$1.45M
$144k
$2.88M
$2.06M
$1.60M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
33 found
High confidence · county-verified
Closest comparable
$3.45M
1.7 mi · Dec 2025 · $234/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,222
Tax year 2023
Assessed value
$1,870,000
Assessed 2023
Previous assessed
$1,438,000
+30.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$341,278
Assessed improvement
$1,528,722
Land market value
$341,278
Improvement market value
$1,528,722
Total market value
$1,870,000
Applied tax rate
3,000.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1968
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
11,420 SF
Lot
0.41 ac (17,962 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
30-2101-008-0050
UPID
US18-1535471
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Miami, FLZoning 7100:INDUSTRIAL,LIGHT MFG · permitted uses
7100:INDUSTRIAL,LIGHT MFG · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1968
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.41 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
7100:INDUSTRIAL,LIGHT MFG
Jurisdiction
Miami, FL
Recorded code
7100:INDUSTRIAL,LIGHT MFG
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 7100:INDUSTRIAL,LIGHT MFG in Miami, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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