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Property profile & analytics
OFF-MARKET
Outlet malls
233 4th St Homestead, FL 33030-7109
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-5317651
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1957
Construction
CONCRETE
Total area
2,650 SF
Lot
0.08 ac (3,500 SF)
Zoning code
PLANNED AREA DEVELOPMENT
APN
10-7813-039-0110
UPID
US18-5317651
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
-
Noula Inc Charitable Organization Social Service Agency
-
RCCG The True Vine Center Miami Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Southwest Pioneers LLC · 4 yrs held
Southwest Pioneers LLC
since 2021
Last sale
$240,000
5 recorded transactions
Zoning & alternative use
PLANNED AREA DEVELOPMENT · Homestead, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,160
Tax year 2023
Assessed value
$245,000
Assessed 2023
Previous assessed
$165,363
+48.2% YoY
Effective rate
1.70%
On assessed value
Assessed land
$70,000
Assessed improvement
$175,000
Land market value
$70,000
Improvement market value
$175,000
Total market value
$245,000
Applied tax rate
1,000.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1957
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
2,650 SF
Lot
0.08 ac (3,500 SF)
Zoning code
PLANNED AREA DEVELOPMENT
APN
10-7813-039-0110
UPID
US18-5317651
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
PLANNED AREA DEVELOPMENT · Homestead, FL
Zoning PLANNED AREA DEVELOPMENT · permitted uses
PLANNED AREA DEVELOPMENT · Homestead, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Homestead. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Southwest Pioneers LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 381703, MIAMI, FL 33238-1703
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2021
$240,000
Southwest Pioneers LLC
Conrado Investments LLC
Warranty Deed
—
Jul 22, 2019
$100
Conrado Investments LLC
Conrado,carlos A
Quit Claim Deed
related
—
Jul 11, 2018
$75,000
Carlos A Conrado
Richardson,janelle
Warranty Deed
—
Jul 11, 2018
—
Janelle Richardson
Jenskins,louise
Quit Claim Deed
related
—
Mar 14, 2008
—
Maude R Nellon
Nellon,maude R
Quit Claim Deed
related
—
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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