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Property profile & analytics
OFF-MARKET
Estimated value
$3,810,000
Retail properties & Spaces
18920 Dixie Hwy Miami, FL 33180-2636
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-1555459
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1973
Construction
CONCRETE
Total area
5,040 SF
Lot
0.34 ac (15,000 SF)
Zoning code
6172
APN
30-2204-000-0290
UPID
US18-1555459
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
-
Aventura Classic Cars and Collectibles Car Dealership
-
Dixie Auto Care Auto Repair Shop
-
Aventura Motor Service, Aventura Collision Center Auto Repair Shop
-
Aaction Transmissions Inc Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.78M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.49M
Blend (final)
Blend
$3.81M
Owner & transaction history
Vronia INC · 4 yrs held
Vronia INC
since 2022
Last sale
$4.0M
5 recorded transactions
Zoning & alternative use
6172 · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.7M
+122.6%
Commercial (general)
$3.7M
+121.9%
Auto repair, garage
$3.3M
+96.3%
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
$3,835,000
ML approach
$4,775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,740,000
Change: +123% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,725,000
Change: +122% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,295,000
Change: +96% · Conversion: Difficult
RETAIL STORES
$2,885,000
Change: +72% · Conversion: Difficult
Blend value · Realmo final
$3.81M
Range $3.43M – $4.19M · ±10% · vs last sale $3.98M (Apr 8 2022)
Last sale anchor
$3.98M
Apr 8 2022
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
$756 / 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
$38,860
Tax year 2023
Assessed value
$2,278,651
Assessed 2023
Previous assessed
$1,454,805
+56.6% YoY
Effective rate
1.71%
On assessed value
Assessed land
$2,100,000
Assessed improvement
$178,651
Land market value
$2,100,000
Improvement market value
$178,651
Total market value
$2,278,651
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1973
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
5,040 SF
Lot
0.34 ac (15,000 SF)
Zoning code
6172
APN
30-2204-000-0290
UPID
US18-1555459
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6172 · Miami, FL
Zoning 6172 · permitted uses
6172 · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.3M
RETAIL STORES
Est. value
$2.9M
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1973
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Vronia INC
Entity
Mailing address
468 GOLDEN ISLE DR APT #201, HALLANDALE BEACH, FL 33009-7588
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2022
$3,977,000
Vronia INC
Dixie Partners 18 LLC
Special Warranty Deed
$1,777,000 · Dixie Partners 18 LLC
Nov 30, 2015
$1,300,000
Dixie Partners 18 LLC
Jacobson,larry
Warranty Deed
—
May 18, 2015
$550,000
Larry Jacobson
Cards Ents INC
Deed In Lieu Of Foreclosure
—
Jul 21, 2004
$450,000
Cards Ents INC
Caren-z Lc
Warranty Deed
$450,000 · Larry Jacobson
—
—
Cards Ents INC
—
Loan Modification
related
$250,000 · Lucio Mariano
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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