New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,125,000
Office buildings
28610 157th Ave, Homestead, FL 33033-1234
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-8006577
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Total area
8,320 SF
Lot
0.89 ac (38,832 SF)
Zoning code
6072
APN
30-7905-001-0150
UPID
US18-8006577
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
-
Centrum Health Medical Clinic
-
Dr. Barbara Llanes Physician
-
Franks Wrecker Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.71M
Blend (final)
Blend
$2.13M
Owner & transaction history
28610 Sw 157 Ave LLC · 5 yrs held
28610 Sw 157 Ave LLC
since 2021
Last sale
$1.8M
4 recorded transactions
Zoning & alternative use
6072 · Homestead, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.8M
+8.9%
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
Method
Estimation
Statistic approach
$2,365,000
ML approach
$2,380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,555,000
Current use
COMMERCIAL (GENERAL)
$2,780,000
Change: +9% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,390,000
Change: -6% · Conversion: Difficult
RETAIL STORES
$2,110,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$2.13M
Range $1.91M – $2.34M · ±10% · vs last sale $1.78M (Apr 7 2021)
Last sale anchor
$1.78M
Apr 7 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
$255 / 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
$28,960
Tax year 2023
Assessed value
$1,762,000
Assessed 2023
Previous assessed
$1,500,000
+17.5% YoY
Effective rate
1.64%
On assessed value
Assessed land
$1,155,252
Assessed improvement
$606,748
Land market value
$1,155,252
Improvement market value
$606,748
Total market value
$1,762,000
Applied tax rate
3,000.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2013
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
8,320 SF
Lot
0.89 ac (38,832 SF)
Zoning code
6072
APN
30-7905-001-0150
UPID
US18-8006577
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6072 · Homestead, FL
Zoning 6072 · permitted uses
6072 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
RETAIL STORES
Est. value
$2.1M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2013
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
28610 Sw 157 Ave LLC
Entity
Mailing address
5730 SW 74TH ST STE #200, SOUTH MIAMI, FL 33143-5300
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2021
$1,775,000
28610 Sw 157 Ave LLC
Atlantic Holdings Group LLC
Warranty Deed
$2,485,000 · City National Bank Of Florida
Jul 21, 2011
—
Atlantic Holdings Group LLC
Theodore,george
Warranty Deed
$1,377,759 · Totalbank
Nov 15, 2006
$550,000
George Theodore
Salvation Army
Warranty Deed
$357,500 · Regions Bank
—
—
Atlantic Holdings Group LLC
—
Deed Of Trust
related
$1,500,000 · Marquis Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 28610 157th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
