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Property profile & analytics
OFF-MARKET
Estimated value
$345,000
Industrial properties
19880 248th St Homestead, FL 33031-1602
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4908733
Property profile
Verified
Property type
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Year built
1953
Construction
TYPE NOT SPECIFIED
Total area
384 SF
Lot
5 ac (217,800 SF)
Zoning code
9000:AGRICULTURE
APN
30-6827-000-0080
UPID
US18-4908733
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
-
Transit Trailer Rentals Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$345k
Owner & transaction history
Southern Green Acres INC · 5 yrs held
Southern Green Acres INC
since 2021
Last sale
$300,000
3 recorded transactions
Zoning & alternative use
9000:AGRICULTURE · Homestead, 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 Homestead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Homestead 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
$345,000
ML approach
$360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$345k
Range $311k – $380k · ±10% · vs last sale $300k (Apr 19 2021)
Last sale anchor
$300k
Apr 19 2021
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
$898 / 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
$8,879
Tax year 2023
Assessed value
$538,076
Assessed 2023
Previous assessed
$538,076
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$525,000
Assessed improvement
$13,076
Land market value
$525,000
Improvement market value
$13,076
Total market value
$538,076
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
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
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Status
Off-Market
Year built
1953
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
384 SF
Lot
5 ac (217,800 SF)
Zoning code
9000:AGRICULTURE
APN
30-6827-000-0080
UPID
US18-4908733
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
9000:AGRICULTURE · Homestead, FLZoning 9000:AGRICULTURE · permitted uses
9000:AGRICULTURE · Homestead, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1953
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
5 ac
Current owner
From public records · entity-resolved
Southern Green Acres INC
Entity
Free & Clear · 5 yrs held
Mailing address
1681 NW 10TH AVE, HOMESTEAD, FL 33030-2951
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2021
$46,000
Southern Green Acres INC
Estancia Culinaria Corporation
Quit Claim Deed
related
—
Jul 16, 2015
$300,000
Estancia Culinaria Corp
Fung,ronald
Warranty Deed
$200,000 · Ronald & Geraldine Fung
—
—
Ronald P Fung
—
Deed Of Trust
related
$84,119 · Union Planters National Bank
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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