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Property profile & analytics
FOR SALE
Warehouses
3811 NW 2Nd Ave Miami, FL 33127
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0339642
For Sale
1 / 28
$1,700,000
3811 NW 2Nd Ave, Miami, FL 33127
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1955
Construction
CONCRETE
Total area
3,200 SF
Lot
0.11 ac (5,000 SF)
Zoning code
4801:RESID-LIMITED RETAIL
APN
01-3124-021-0870
UPID
US19-0339642
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
-
Beyond Total Branding Marketing & Advertising Advertising Agency
-
MTM Corporation Distribution Center Logistics Company
-
Vaily Nutraceutical (Bike/Boat/Book/etc) Store Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Store Me LLC · 13 yrs held
Store Me LLC
since 2012
7 recorded transactions
Zoning & alternative use
4801:RESID-LIMITED RETAIL · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,332
Tax year 2023
Assessed value
$763,073
Assessed 2023
Previous assessed
$763,102
0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$675,000
Assessed improvement
$88,073
Land market value
$675,000
Improvement market value
$88,073
Total market value
$763,073
Applied tax rate
100.0000
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 Sale
Year built
1955
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
3,200 SF
Lot
0.11 ac (5,000 SF)
Zoning code
4801:RESID-LIMITED RETAIL
APN
01-3124-021-0870
UPID
US19-0339642
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
4801:RESID-LIMITED RETAIL · Miami, FL
Zoning 4801:RESID-LIMITED RETAIL · permitted uses
4801:RESID-LIMITED RETAIL · 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
1955
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Store Me LLC
Entity
Mailing address
21355 E DIXIE HWY STE #118, AVENTURA, FL 33180-1244
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2012
$315,000
Store Me LLC
Bfg Real Estate Holdings INC
Grant Deed
—
Jul 16, 2012
$422,300
Bfg Real Estate Holdings INC
Gpi Group LLC
Warranty Deed
related
—
Apr 25, 2005
$532,900
Gpi Group LLC
Trasobares,alejandro C
Warranty Deed
$368,000 · Great Florida Bank
Aug 12, 2003
$179,500
Alejandro C Trasobares
Pike,michael J & Virginia
Grant Deed
$143,560 · Michael J & Virginia Pike
Dec 20, 1999
$95,000
Michael J Pike
Battat,yosi R
Grant Deed
$85,000 · Individual
—
—
Store Me LLC
—
Deed Of Trust
related
$220,000 · Sabadell United Bank NA
—
—
Jean J Louissaint
—
Deed Of Trust
related
$73,600 · Nationsbank
—
—
Gpi Group LLC
—
Deed Of Trust
related
$100,000 · Great Florida 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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