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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Manufacturing properties
2051 112th Ave Ste 122 Sweetwater, FL 33172-1835
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-5945387
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2006
Total area
2,019 SF
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
25-3031-041-0220
UPID
US18-5945387
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
$415k
Comparable Approach
Comparable
$748k
Blend (final)
Blend
$685k
Owner & transaction history
Simple Stock LLC
Simple Stock LLC
since 2026
Last sale
$690,000
7 recorded transactions
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Sweetwater, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Sweetwater Zoning Map
Top alternative use upside
Medical building
$885,000
+36.6%
Office building
$825,000
+27.1%
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 Sweetwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sweetwater 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
$710,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$450,000
6.5%
$415,000
7%
$390,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$650,000
Current use
MEDICAL BUILDING
$885,000
Change: +37% · Conversion: Difficult
OFFICE BUILDING
$825,000
Change: +27% · Conversion: Difficult
WAREHOUSE, STORAGE
$630,000
Change: -3% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$575,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $690k (Nov 1 2022)
Last sale anchor
$690k
Nov 1 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
$339 / 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
$13,126
Tax year 2023
Assessed value
$565,320
Assessed 2023
Previous assessed
$423,990
+33.3% YoY
Effective rate
2.32%
On assessed value
Total market value
$565,320
Applied tax rate
2,500.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2006
Heating
NONE
Total area
2,019 SF
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
25-3031-041-0220
UPID
US18-5945387
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Sweetwater, FLZoning 7100:INDUSTRIAL,LIGHT MFG · permitted uses
7100:INDUSTRIAL,LIGHT MFG · Sweetwater, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Sweetwater Zoning Map
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$650,000
MEDICAL BUILDING
Est. value
$885,000
OFFICE BUILDING
Est. value
$825,000
WAREHOUSE, STORAGE
Est. value
$630,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$575,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
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
2006
Heating
NONE
Current owner
From public records · entity-resolved
Simple Stock LLC
Entity
Free & Clear · 0 yrs held
Mailing address
6951 NW 82ND AVE, MIAMI, FL 33166-2766
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2026
$815,000
Simple Stock LLC
Global Faster Services Corp
Warranty Deed
—
Nov 1, 2022
$690,000
Global Faster Services Corp INC
M T F Investments INC
Warranty Deed
—
Jan 16, 2020
$500,000
M T F Investments INC
Gloria M Ayala
Warranty Deed
$300,000 · Td Bank NA
May 7, 2014
—
Dolphin Trust
Inedimatica USA Corp
Quit Claim Deed
related
—
Jul 24, 2012
—
Dolphin Trust
Inedimatica USA Corp
Quit Claim Deed
related
—
—
—
Inedimatica USA Corp
—
Deed Of Trust
related
$840,275 · N&t Moore LLC
—
—
Gloria M Ayala
—
Deed Of Trust
related
$250,000 · Rita M Chanfrau
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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