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Property profile & analytics
OFF-MARKET
Estimated value
$18,960,000
Automotive properties
2300 151st St North Miami, FL 33181-3625
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-7745534
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2019
Construction
METAL FRAME
Total area
585,784 SF
Lot
4.22 ac (183,696 SF)
Zoning code
8000:COMMUNITY FACILITY
APN
06-2221-034-0015
UPID
US18-7745534
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.96M
Owner & transaction history
Sm Multifamily LLC · 5 yrs held
Sm Multifamily LLC
since 2020
4 recorded transactions
Zoning & alternative use
8000:COMMUNITY FACILITY · North 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 North Miami submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$32 / 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
$1,442,460
Tax year 2023
Assessed value
$64,789,178
Assessed 2023
Previous assessed
$65,431,118
-1.0% YoY
Effective rate
2.23%
On assessed value
Assessed land
$1,249,133
Assessed improvement
$63,540,045
Land market value
$1,249,133
Improvement market value
$63,540,045
Total market value
$64,789,178
Applied tax rate
600.0000
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
2019
Construction
METAL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
7
Total area
585,784 SF
Lot
4.22 ac (183,696 SF)
Zoning code
8000:COMMUNITY FACILITY
APN
06-2221-034-0015
UPID
US18-7745534
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
8000:COMMUNITY FACILITY · North Miami, FL
Zoning 8000:COMMUNITY FACILITY · permitted uses
8000:COMMUNITY FACILITY · North Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Miami. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
7
Lot
4.22 ac
Current owner
From public records · entity-resolved
Sm Multifamily LLC
Entity
Mailing address
PO BOX 610847, MIAMI, FL 33261-0847
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2020
—
Sm Multifamily LLC
—
Deed
related
$95,153,900 · Wells Fargo Bk
May 31, 2017
—
Car War Fl Sol LLC
—
Grant Deed
related
$3,080,000 · Barclays Bk/plc
Apr 11, 2017
—
Car War Fl Sol LLC
—
Grant Deed
related
$8,707,400 · Barclays Bk/plc
—
—
Sm Multifamily LLC
—
Loan Modification
related
$95,153,900 · Wells Fargo Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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