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Property profile & analytics
OFF-MARKET
Estimated value
$5,050,000
Office buildings
19000 112th Ave Cutler Bay, FL 33157-6600
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-2709480
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2009
Construction
STEEL FRAME
Total area
26,790 SF
Lot
4.39 ac (191,434 SF)
Zoning code
5700:DUPLEXES,GENERAL
APN
30-6006-003-0250
UPID
US18-2709480
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
by Request
Comparable Approach
Comparable
$4.84M
Blend (final)
Blend
$5.05M
Owner & transaction history
19000 Sw 112 Ave LLC · 11 yrs held
19000 Sw 112 Ave LLC
since 2015
7 recorded transactions
Zoning & alternative use
5700:DUPLEXES,GENERAL · Cutler Bay, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$8.0M
+8.4%
Neighborhood: shopping center
$7.6M
+3.6%
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 Cutler Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cutler Bay 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
$7,345,000
Current use
WAREHOUSE, STORAGE
$7,965,000
Change: +8% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,615,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$5.05M
Range $4.55M – $5.56M · ±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
$189 / 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
$51,859
Tax year 2023
Assessed value
$3,146,591
Assessed 2023
Previous assessed
$3,177,670
-1.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$382,868
Assessed improvement
$2,763,723
Land market value
$382,868
Improvement market value
$2,763,723
Total market value
$3,146,591
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
2009
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
26,790 SF
Lot
4.39 ac (191,434 SF)
Zoning code
5700:DUPLEXES,GENERAL
APN
30-6006-003-0250
UPID
US18-2709480
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
5700:DUPLEXES,GENERAL · Cutler Bay, FL
Zoning 5700:DUPLEXES,GENERAL · permitted uses
5700:DUPLEXES,GENERAL · Cutler Bay, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cutler Bay. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$7.3M
WAREHOUSE, STORAGE
Est. value
$8.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.6M
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
2009
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
4.39 ac
Current owner
From public records · entity-resolved
19000 Sw 112 Ave LLC
Entity
Mailing address
321 E 6TH ST APT #124, HIALEAH, FL 33010-6805
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2020
—
1900 Sw 112 Ave LLC
—
Deed
related
$5,500,000 · Bankunited NA
Apr 30, 2015
$1,900,000
19000 Sw 112 Ave LLC
Aa Dooley Sub LLC
Warranty Deed
—
Sep 17, 2014
$1,150,000
Aa Dooley Sub LLC
Evangelical Christian Cu
Grant Deed
$650,000 · Father Kramer Cu
Mar 29, 2013
$1,600,000
Christian Cu Evangelical
Solid Rock Missionary Coc
Trustees Deed
related
—
Aug 29, 2007
—
Solid Rock Missionary Baptist
—
Trustees Deed
related
$375,000 · Home Equity Mortgage
—
—
Solid Rock Missionary Baptist
—
Deed Of Trust
related
$750,000 · Home Equity Mortgage
—
—
Solid Rock Missionary Baptist
—
Deed Of Trust
related
$1,400,000 · Home Equity Mortgage
—
—
1900 Sw 112 Ave LLC
—
Loan Modification
related
$5,500,000 · Bankunited NA
—
—
Solid Rock Missionary Baptist
—
Deed Of Trust
related
$3,400,000 · Evangelical Christian Cu
—
—
Solid Rock Missionary Baptist
—
Deed Of Trust
related
$750,000 · Home Equity Mortgage
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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