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Property profile & analytics
OFF-MARKET
Estimated value
$2,300,000
Warehouses
2181 10th Ave Miami, FL 33127-4635
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-5949005
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1946
Construction
CONCRETE
Total area
9,194 SF
Lot
0.26 ac (11,440 SF)
Zoning code
7700:INDUSTRIAL,RESTRICT
APN
01-3126-012-0561
UPID
US18-5949005
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
-
La Argentina Discos y Empanadas Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.31M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.30M
Owner & transaction history
2181 Capital Investments INC · 6 yrs held
2181 Capital Investments INC
since 2020
7 recorded transactions
Zoning & alternative use
7700:INDUSTRIAL,RESTRICT · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,500,000
6.5%
$2,305,000
7%
$2,145,000
Blend value · Realmo final
$2.30M
Range $2.07M – $2.53M · ±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
$250 / 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
$31,485
Tax year 2023
Assessed value
$1,759,000
Assessed 2023
Previous assessed
$1,539,000
+14.3% YoY
Effective rate
1.79%
On assessed value
Assessed land
$915,200
Assessed improvement
$843,800
Land market value
$915,200
Improvement market value
$843,800
Total market value
$1,759,000
Applied tax rate
100.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1946
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
9,194 SF
Lot
0.26 ac (11,440 SF)
Zoning code
7700:INDUSTRIAL,RESTRICT
APN
01-3126-012-0561
UPID
US18-5949005
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7700:INDUSTRIAL,RESTRICT · Miami, FL
Zoning 7700:INDUSTRIAL,RESTRICT · permitted uses
7700:INDUSTRIAL,RESTRICT · 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.
Building & site characteristics
From public records
Year built
1946
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.26 ac
Current owner
From public records · entity-resolved
2181 Capital Investments INC
Entity
Mailing address
2181 NW 10TH AVE, MIAMI, FL 33127-4635
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2023
—
2151 Capital Investments INC
—
Deed
related
$875,000 · Pedro F Hernandez Trust
May 28, 2020
—
2181 Capital Investments INC
—
Deed
related
$162,000 · Kerwin Mortgage Corporation
May 18, 2020
—
2181 Capital Investments INC
Discos Y Empanadas Argentinas
Correction Deed
related
—
Feb 12, 2020
—
2181 Capital Investments INC
Y Empanadas Agentinas I Discos
Quit Claim Deed
related
—
Apr 23, 2018
—
2151 Capital Investments INC
—
Deed
related
$285,000 · Goddard Adele Trust (pt)
Mar 20, 2003
—
2151 Capital Investments INC
Discos Y Empanadas Argentinas
Grant Deed
related
—
Apr 21, 1998
$250,000
Discos Y Empanadas Argentinas
Lasry,john & Danielle
Grant Deed
$200,000 · Union Bank Of Florida
—
—
Discos Y Empanadas Argentinas
—
Loan Modification
related
$313,591 · Wells Fargo Bk
—
—
Discos Y Empanadas Argentinas
—
Deed Of Trust
related
$166,500 · Southtrust Bank NA
—
—
Discos Y Empanadas Argentinas
—
Deed Of Trust
related
$64,735 · Southtrust Bank NA
—
—
Discos Y Empanadas Argentinas
—
Deed Of Trust
related
$212,500 · Southtrust Bank NA
—
—
Discos Y Empanadas Argentinas
—
Deed Of Trust
related
$400,000 · Wachovia Bank NA
—
—
2151 Capital Investments INC
—
Deed Of Trust
related
$285,000 · Goddard Adele Trust (pt)
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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