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Property profile & analytics
OFF-MARKET
Estimated value
$5,665,000
Industrial land
3635 78th Ave Doral, FL 33166-6605
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3127826
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1980
Construction
CONCRETE
Total area
28,206 SF
Lot
2.92 ac (127,290 SF)
Zoning code
7600:INTENSIVE USE
APN
35-3027-007-0024
UPID
US18-3127826
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.83M
Comparable Approach
Comparable
$4.83M
Blend (final)
Blend
$5.67M
Owner & transaction history
3635 Doral Land Development LLC · 1 yrs held
3635 Doral Land Development LLC
since 2025
Last sale
$6.0M
5 recorded transactions
Zoning & alternative use
7600:INTENSIVE USE · Doral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$8.0M
+23.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,315,000
6.5%
$5,830,000
7%
$5,415,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,470,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$8,015,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$5.67M
Range $5.10M – $6.23M · ±10% · vs last sale $6.00M (Aug 6 2021)
Last sale anchor
$6.00M
Aug 6 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
$201 / 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
$66,302
Tax year 2023
Assessed value
$3,823,024
Assessed 2023
Previous assessed
$4,842,795
-21.1% YoY
Effective rate
1.73%
On assessed value
Assessed land
$3,818,700
Assessed improvement
$4,324
Land market value
$3,818,700
Improvement market value
$4,324
Total market value
$3,823,024
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
28,206 SF
Lot
2.92 ac (127,290 SF)
Zoning code
7600:INTENSIVE USE
APN
35-3027-007-0024
UPID
US18-3127826
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7600:INTENSIVE USE · Doral, FL
Zoning 7600:INTENSIVE USE · permitted uses
7600:INTENSIVE USE · 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
INDUSTRIAL (GENERAL) Current
Est. value
$6.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.0M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
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
1980
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.92 ac
Current owner
From public records · entity-resolved
3635 Doral Land Development LLC
Entity
Mailing address
899 NW 4TH ST, MIAMI, FL 33128-1309
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Jun 12, 2025
—
3635 Doral Land Development LLC
Apdc Corporation
Deed
related
—
Aug 6, 2021
$6,000,000
3635 Doral Land Development LLC
Apdc Corporation
Warranty Deed
—
—
—
Apdc Corp
—
Deed Of Trust
related
$2,000,000 · Stonegate Bank
—
—
Apdc Corp
—
Deed Of Trust
related
$46,906 · Bankunited Fsb
—
—
Apdc Corp
—
Deed Of Trust
related
$1,700,000 · Northern Trust Co
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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