New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,590,000
Warehouses
5748 Commerce Ln, South Miami, FL 33143-3641
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US19-0376562
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1965
Construction
CONCRETE
Total area
9,653 SF
Lot
0.4 ac (17,250 SF)
Zoning code
7000:INDUSTRIAL,GENERAL
APN
09-4025-028-0970
UPID
US19-0376562
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.59M
Owner & transaction history
Psycho Social Rehabilitation Center · 20 yrs held
Psycho Social Rehabilitation Center
since 2005
7 recorded transactions
Zoning & alternative use
7000:INDUSTRIAL,GENERAL · South 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 South Miami submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South 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
$165 / 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
$499
Tax year 2023
Assessed value
$1,654,000
Assessed 2023
Previous assessed
$1,591,130
+4.0% YoY
Effective rate
0.03%
On assessed value
Assessed land
$1,293,750
Assessed improvement
$360,250
Land market value
$1,293,750
Improvement market value
$360,250
Total market value
$1,654,000
Applied tax rate
900.0000
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
Off-Market
Year built
1965
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
9,653 SF
Lot
0.4 ac (17,250 SF)
Zoning code
7000:INDUSTRIAL,GENERAL
APN
09-4025-028-0970
UPID
US19-0376562
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7000:INDUSTRIAL,GENERAL · South Miami, FL
Zoning 7000:INDUSTRIAL,GENERAL · permitted uses
7000:INDUSTRIAL,GENERAL · South Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Miami. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Psycho Social Rehabilitation Center
Individual
Mailing address
5711 S DIXIE HWY, SOUTH MIAMI, FL 33143-3602
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 19, 2020
—
Psycho-social Rehabilitation C
—
Deed
related
$320,953 · First Nat'l Bk/s Miami
Nov 5, 2018
—
Psycho-social Rehabilitation C
—
Deed
related
$500,000 · First Nat'l Bk/s Miami
Jun 21, 2016
—
Psycho-social Rehabilitation C
—
Deed
related
$500,000 · First Nat'l Bk/s Miami
Jan 15, 2010
—
Fellowship House
—
Trustees Deed
related
$500,000 · First National Bank South Miam
Mar 17, 2009
—
Fellowship House
—
Trustees Deed
related
$500,000 · First National Bank South Miam
Sep 14, 2005
$2,300,000
Psycho Social Rehabilitation Center
Morris Investment Partnership
Warranty Deed
$2,070,000 · First National Bank Of South Miami
—
—
Psycho-social Rehabilitation C
—
Loan Modification
related
$500,000 · First Nat'l Bk/s Miami
—
—
Psycho-social Rehabilitation C
—
Deed Of Trust
related
$2,947,403 · First Nat'l Bk/s Miami
—
—
Psycho-social Rehabilitation C
—
Loan Modification
related
$500,000 · First Nat'l Bk/s Miami
—
—
Morris Investment Ptshp
—
Deed Of Trust
related
$875,000 · Turnberry Bank
—
—
Morris Investment Ptshp
—
Deed Of Trust
related
$500,000 · Turnberry Bank
—
—
Psycho-social Rehabilitation C
—
Loan Modification
related
$320,953 · First Nat'l Bk/s Miami
—
—
Psycho-social Rehabilitation C
—
Loan Modification
related
$500,000 · First Nat'l Bk/s Miami
—
—
Rehabilitation C Psycho-social
—
Deed Of Trust
related
$500,000 · First National Bank South Miam
—
—
Rehabilitation C Psycho-social
—
Loan Modification
related
$500,000 · First National Bank South Miam
—
—
Rehabilitation C Psycho-social
—
Deed Of Trust
related
$500,000 · First National Bank South Miam
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5748 Commerce Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
