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Property profile & analytics
OFF-MARKET
Estimated value
$5,145,000
Automotive properties
20800 2nd Ave Miami Gardens, FL 33169-2104
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-4263313
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1987
Construction
CONCRETE
Total area
8,048 SF
Lot
3.33 ac (145,055 SF)
Zoning code
6500:COMMERCIAL,CLASSIF
APN
34-1136-053-0010
UPID
US18-4263313
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
$4.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.15M
Owner & transaction history
Jackbel LLC · 4 yrs held
Jackbel LLC
since 2021
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
6500:COMMERCIAL,CLASSIF · Miami Gardens, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.0M
+13.4%
Commercial (general)
$6.0M
+13.1%
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 Miami Gardens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami Gardens 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
$4,835,000
ML approach
$4,740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$5,260,000
Current use
RESTAURANT
$5,970,000
Change: +13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,950,000
Change: +13% · Conversion: Moderate
RETAIL STORES
$4,605,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$5.15M
Range $4.63M – $5.66M · ±10% · vs last sale $5.50M (Dec 27 2021)
Last sale anchor
$5.50M
Dec 27 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
$639 / 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
$126,231
Tax year 2023
Assessed value
$5,693,781
Assessed 2023
Previous assessed
$4,703,379
+21.1% YoY
Effective rate
2.22%
On assessed value
Assessed land
$3,916,485
Assessed improvement
$1,777,296
Land market value
$3,916,485
Improvement market value
$1,777,296
Total market value
$5,693,781
Applied tax rate
3,400.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1987
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
8,048 SF
Lot
3.33 ac (145,055 SF)
Zoning code
6500:COMMERCIAL,CLASSIF
APN
34-1136-053-0010
UPID
US18-4263313
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6500:COMMERCIAL,CLASSIF · Miami Gardens, FLZoning 6500:COMMERCIAL,CLASSIF · permitted uses
6500:COMMERCIAL,CLASSIF · Miami Gardens, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$5.3M
RESTAURANT
Est. value
$6.0M
COMMERCIAL (GENERAL)
Est. value
$6.0M
RETAIL STORES
Est. value
$4.6M
AUTO REPAIR, GARAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
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
1987
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
3.33 ac
Current owner
From public records · entity-resolved
Jackbel LLC
Entity
Free & Clear · 4 yrs held
Mailing address
20800 NW 2ND AVE, MIAMI, FL 33169-2104
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2021
$5,500,000
Jackbel LLC
Cars Db4 LP
Special Warranty Deed
—
Sep 1, 2020
—
Cars-db4 LP
—
Deed
related
$1,770,000,000 · Citibank
Mar 9, 2020
—
Cars-bridge 1 LLC
Capital Automotive LP
Grant Deed
—
Mar 9, 2020
$5,703,700
Cars-db4 LP
Capital Automotive LP
Grant Deed
—
Apr 27, 2017
—
Capital Automotive LP
—
Loan Modification
related
$690,000,000 · Barclays Bk/plc
Oct 29, 2014
—
Capital Automotive LP
—
Loan Modification
related
$429,215,695 · Barclays Bk/plc
May 31, 2013
—
Capital Automotive LP
—
Deed Of Trust
related
$4,215,695 · Barclays Bk/plc
Mar 29, 2012
—
Capital Automotive LP
—
Deed Of Trust
related
—
Mar 22, 2011
—
Capital Automotive LP
—
Deed Of Trust
related
$1,700,000,000 · Barclays Bank Plc
—
—
Capital Automotive LP
—
Loan Modification
related
—
—
—
Cars-db4 LP
—
Loan Modification
related
$1,770,000,000 · Citibank
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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