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Property profile & analytics
OFF-MARKET
Estimated value
$4,935,000
Schools
3631 114th Ave, Doral, FL 33178
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-1559571
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
2001
Construction
CONCRETE
Total area
13,883 SF
Lot
0.82 ac (35,874 SF)
Zoning code
7700:INDUSTRIAL,RESTRICT
APN
35-3030-032-0030
UPID
US18-1559571
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.80M
Blend (final)
Blend
$4.94M
Owner & transaction history
The 2nd House & Preschool LLC · 2 yrs held
The 2nd House & Preschool LLC
since 2023
Last sale
$5.6M
7 recorded transactions
Zoning & alternative use
7700:INDUSTRIAL,RESTRICT · Doral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.1M
+12.8%
Retail stores
$5.7M
+5.1%
Warehouse, storage
$5.5M
+0.9%
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 Doral submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Doral 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
$4,970,000
ML approach
$4,655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$5,405,000
Current use
MEDICAL BUILDING
$6,095,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$5,680,000
Change: +5% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,455,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$4.94M
Range $4.44M – $5.43M · ±10% · vs last sale $5.63M (Jul 5 2023)
Last sale anchor
$5.63M
Jul 5 2023
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
$355 / 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
$147
Tax year 2023
Assessed value
$2,763,108
Assessed 2023
Previous assessed
$2,828,198
-2.3% YoY
Effective rate
0.01%
On assessed value
Assessed land
$1,363,212
Assessed improvement
$1,399,896
Land market value
$1,363,212
Improvement market value
$1,399,896
Total market value
$2,763,108
Applied tax rate
3,500.0000
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
2001
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
13,883 SF
Lot
0.82 ac (35,874 SF)
Zoning code
7700:INDUSTRIAL,RESTRICT
APN
35-3030-032-0030
UPID
US18-1559571
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7700:INDUSTRIAL,RESTRICT · Doral, FL
Zoning 7700:INDUSTRIAL,RESTRICT · permitted uses
7700:INDUSTRIAL,RESTRICT · Doral, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Doral. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$5.4M
MEDICAL BUILDING
Est. value
$6.1M
RETAIL STORES
Est. value
$5.7M
WAREHOUSE, STORAGE
Est. value
$5.5M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
2001
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
The 2nd House & Preschool LLC
Entity
Free & Clear · 2 yrs held
Mailing address
IS 10830TH SW 57TH TER TERRACE, MIAMI, FL 33173
Ownership since
2023
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
Jul 5, 2023
$5,625,000
The 2nd House & Preschool LLC
Prats & Associates INC
Warranty Deed
—
Feb 8, 2018
—
Prats & Associates INC
—
Deed
related
$100,000 · Biscayne Bk
—
—
Prats & Associates INC
—
Loan Modification
related
$2,443,693 · Biscayne Bk
—
—
Prats & Associates INC
—
Loan Modification
related
$3,171,520 · Biscayne Bk
—
—
Prats & Associates INC
—
Loan Modification
related
$2,324,465 · Biscayne Bk
—
—
Prats & Associates INC
—
Deed Of Trust
related
$1,700,000 · Biscayne Bk
—
—
Prats & Associates INC
—
Deed Of Trust
related
$2,493,420 · Biscayne Bank
—
—
Prats & Associates INC
—
Deed Of Trust
related
$150,000 · Biscayne Bank
—
—
Prats & Associates INC
—
Loan Modification
related
$100,000 · Biscayne Bk
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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