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Property profile & analytics
OFF-MARKET
Estimated value
$3,495,000
Warehouses
28705 132nd Ave Homestead, FL 33033-7441
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4344384
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Construction
HEAVY FRAME
Total area
17,765 SF
Lot
2.67 ac (116,184 SF)
Zoning code
7300:INDUSTRIAL,HVY MFG
APN
30-7902-000-0020
UPID
US18-4344384
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
-
Promovizion Marketing & Advertising
-
Pallet's Blinds (Bike/Boat/Book/etc) Store Home Decor Store
-
XMOTORX LLC Department Store
-
Martinez Tires (Bike/Boat/Book/etc) Store Auto Parts Store
-
Epic Graphics Corp Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.59M
Comparable Approach
Comparable
$3.52M
Blend (final)
Blend
$3.50M
Owner & transaction history
Yuniel Diaz · 4 yrs held
Yuniel Diaz
since 2021
5 recorded transactions
Zoning & alternative use
7300:INDUSTRIAL,HVY MFG · Homestead, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.5M
+43.5%
Neighborhood: shopping center
$5.1M
+34.2%
Retail stores
$4.5M
+18.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,880,000
6.5%
$3,585,000
7%
$3,325,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,800,000
Current use
OFFICE BUILDING
$5,455,000
Change: +43% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,100,000
Change: +34% · Conversion: Moderate
RETAIL STORES
$4,505,000
Change: +18% · Conversion: Moderate
Blend value · Realmo final
$3.50M
Range $3.15M – $3.84M · ±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
$197 / 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
$62,379
Tax year 2023
Assessed value
$4,090,009
Assessed 2023
Previous assessed
$4,090,009
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$1,394,208
Assessed improvement
$2,695,801
Land market value
$1,394,208
Improvement market value
$2,695,801
Total market value
$4,090,009
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Construction
HEAVY FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
4
Stories
2
Units
11
Total area
17,765 SF
Lot
2.67 ac (116,184 SF)
Zoning code
7300:INDUSTRIAL,HVY MFG
APN
30-7902-000-0020
UPID
US18-4344384
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7300:INDUSTRIAL,HVY MFG · Homestead, FL
Zoning 7300:INDUSTRIAL,HVY MFG · permitted uses
7300:INDUSTRIAL,HVY MFG · 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
WAREHOUSE, STORAGE Current
Est. value
$3.8M
OFFICE BUILDING
Est. value
$5.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.1M
RETAIL STORES
Est. value
$4.5M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
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
2008
Construction
HEAVY FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
4
Units
11
Lot
2.67 ac
Current owner
From public records · entity-resolved
Yuniel Diaz
Individual
Mailing address
8290 NW 66TH ST, MIAMI, FL 33166-2720
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Dec 2, 2021
$268,600
Yuniel Diaz
Lennar Homes LLC
Special Warranty Deed
$263,675 · Loandepot.com LLC
Jul 7, 2004
$940,000
Kanoa LLC
Support Terminals Operating
Grant Deed
$564,000 · Support Terminals Operating
—
—
Kanoa LLC
—
Loan Modification
related
$2,714,435 · International Fin'l Bk
—
—
Kanoa LLC
—
Deed Of Trust
related
$4,680,000 · International Finance Bank
—
—
Kanoa LLC
—
Deed Of Trust
related
$3,351,999 · International Finance 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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