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Property profile & analytics
FOR LEASE
Office buildings
2944 Northwest 39Th St, Miami, FL 33142
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-3895671
For Lease
1 / 4
$5,340,000
2944 Northwest 39Th St, Miami, FL 33142
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1972
Construction
CONCRETE
Total area
22,080 SF
Lot
1.57 ac (68,358 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
30-3121-029-0640
UPID
US18-3895671
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
-
Pac Comm Inc Construction Company General Contractor
-
Americas Publishing Publishing House
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.34M
Owner & transaction history
2900 Nw 39 LLC · 1 yrs held
2900 Nw 39 LLC
since 2024
Last sale
$5.3M
7 recorded transactions
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · 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
$5,340,000
ML approach
$5,340,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.34M
Range $4.81M – $5.87M · ±10% · vs last sale $5.34M (Dec 2 2024)
Last sale anchor
$5.34M
Dec 2 2024
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
$242 / 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
$51,368
Tax year 2023
Assessed value
$3,780,911
Assessed 2023
Previous assessed
$3,781,961
0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$2,392,530
Assessed improvement
$1,388,381
Land market value
$2,392,530
Improvement market value
$1,388,381
Total market value
$3,780,911
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 (MULTI-STORY)
Status
For Lease
Year built
1972
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
22,080 SF
Lot
1.57 ac (68,358 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
30-3121-029-0640
UPID
US18-3895671
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Miami, FL
Zoning 7100:INDUSTRIAL,LIGHT MFG · permitted uses
7100:INDUSTRIAL,LIGHT MFG · 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
1972
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.57 ac
Current owner
From public records · entity-resolved
2900 Nw 39 LLC
Entity
Mailing address
4916 VAN NESS ST NW, WASHINGTON, DC 20016-2356
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2024
$5,341,700
2900 Nw 39 LLC
Horacio Stuart Aguirre
Deed
—
Dec 2, 2024
—
2900 Nw 39 LLC
Gladys Aguirre Matus
Quitclaim Deed
related
—
Jan 3, 2024
—
Gladys Aguirre Matus
Gladys Aguirre Matus
Deed Of Distribution
related
—
Jun 6, 2013
$430,000
Aguirre,francisco Trust
Aguirre Francisco Trust
Warranty Deed
related
—
Sep 29, 2008
—
Aguirre Horacio Trust
Aguirre,horacio & Helen
Quit Claim Deed
related
—
—
—
Francisco Aguirre
—
Deed Of Trust
related
$478,600 · Us Small Business Admn
—
—
Francisco Aguirre
—
Deed Of Trust
related
$219,400 · Us Small Business Admn
—
—
Francisco Aguirre
—
Deed Of Trust
related
$122,400 · Us Small Business Admn
—
—
Aguirre Horacio Trust
—
Deed Of Trust
related
$430,000 · Tax Savers/miami I Dbp/tr (ct)
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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