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Property profile & analytics
FOR LEASE
Warehouses
29055 SW 107Th Ave Homestead, FL 33033
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-7158471
For Lease
1 / 102
$2,760,000
29055 SW 107Th Ave, Homestead, FL 33033
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2015
Construction
HEAVY FRAME
Total area
35,796 SF
Lot
5.03 ac (219,194 SF)
Zoning code
INTERIM-AWAIT SPECIFIC
APN
30-7005-000-0023
UPID
US18-7158471
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
-
John To Go Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.04M
Blend (final)
Blend
$2.76M
Owner & transaction history
29055 Sw 107 Ave LLC · 5 yrs held
29055 Sw 107 Ave LLC
since 2021
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
INTERIM-AWAIT SPECIFIC · 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
Method
Estimation
Statistic approach
$3,120,000
ML approach
$3,630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.76M
Range $2.48M – $3.04M · ±10% · vs last sale $2.50M (Jun 4 2021)
Last sale anchor
$2.50M
Jun 4 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
$77 / 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
$40,325
Tax year 2023
Assessed value
$2,364,524
Assessed 2023
Previous assessed
$2,388,980
-1.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$85,544
Assessed improvement
$2,278,980
Land market value
$85,544
Improvement market value
$2,278,980
Total market value
$2,364,524
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
For Lease
Year built
2015
Construction
HEAVY FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
35,796 SF
Lot
5.03 ac (219,194 SF)
Zoning code
INTERIM-AWAIT SPECIFIC
APN
30-7005-000-0023
UPID
US18-7158471
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
INTERIM-AWAIT SPECIFIC · Homestead, FL
Zoning INTERIM-AWAIT SPECIFIC · permitted uses
INTERIM-AWAIT SPECIFIC · 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
2015
Construction
HEAVY FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
5.03 ac
Current owner
From public records · entity-resolved
29055 Sw 107 Ave LLC
Entity
Mailing address
21 VAN NATTA DR, RINGWOOD, NJ 07456-1412
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2025
—
8710 West Mayo Realty LLC
—
Deed
related
$1,000,000 · City First Mortgage Corp
Jun 28, 2024
—
29055 Sw 107 Ave LLC
—
Deed
related
$2,287,000 · Td Bank NA
Jun 4, 2021
$2,500,000
29055 Sw 107 Ave LLC
Oceanus Seafood LLC
Special Warranty Deed
$2,287,000 · Cross River Bank
Jun 16, 2014
—
Oceanus Seafood LLC
—
Grant Deed
related
$1,412,000 · Bank Of America
Feb 5, 2014
—
Oceanus Seafood LLC
Melendez,juan
Quit Claim Deed
related
—
Nov 27, 2013
$1,100
Juan Melendez
Us Of America Dept Of T Coc
Trustees Deed
related
—
Jul 11, 2013
$159,600
Oceanus Seafood LLC
Melendez,juan
Warranty Deed
—
Dec 29, 2010
—
Juan Melendez
Arreola,jose B Coc
Trustees Deed
related
—
Jul 10, 2002
$85,000
Jose B Arreola
Fanego,frank & Diane B
Grant Deed
$63,750 · Frank & Diane B Fanego
—
—
Oceanus Seafood LLC
—
Loan Modification
related
$2,232,800 · Bank Of America
—
—
Jose B Arreola
—
Deed Of Trust
related
$50,000 · Juan Melendez
—
—
Jose B Arreola
—
Deed Of Trust
related
$100,000 · Juan Melendez
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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