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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Manufacturing properties
5786 Progress Rd, South Miami, FL 33143-3650
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US18-1594550
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Construction
CONCRETE
Total area
6,800 SF
Lot
0.26 ac (11,500 SF)
Zoning code
7000:INDUSTRIAL,GENERAL
APN
09-4025-028-1100
UPID
US18-1594550
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
$1.41M
Comparable Approach
Comparable
$859k
Blend (final)
Blend
$1.13M
Owner & transaction history
Dent Basters Body Works LLC · 23 yrs held
Dent Basters Body Works LLC
since 2002
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,525,000
6.5%
$1,405,000
7%
$1,305,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,820,000
Current use
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±10%
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
$166 / 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
$22,168
Tax year 2023
Assessed value
$1,143,478
Assessed 2023
Previous assessed
$1,147,668
-0.4% YoY
Effective rate
1.94%
On assessed value
Assessed land
$862,500
Assessed improvement
$280,978
Land market value
$862,500
Improvement market value
$280,978
Total market value
$1,143,478
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1989
Construction
CONCRETE
Heating
NONE
Stories
2
Total area
6,800 SF
Lot
0.26 ac (11,500 SF)
Zoning code
7000:INDUSTRIAL,GENERAL
APN
09-4025-028-1100
UPID
US18-1594550
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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.8M
INDUSTRIAL (GENERAL) Current
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
1989
Construction
CONCRETE
Heating
NONE
Stories
2
Lot
0.26 ac
Current owner
From public records · entity-resolved
Dent Basters Body Works LLC
Entity
Mailing address
5786 PROGRESS RD, SOUTH MIAMI, FL 33143-3650
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2022
—
Dent Masters Body Works LLC
—
Deed
related
$920,000 · Professional Bank
Feb 14, 2017
—
Dent Master S Body Works L L C
—
Deed
related
$1,920,000 · Professional Bank
Jul 26, 2016
—
Dent Masters Body Works LLC
—
Deed
related
$650,000 · Professional Bank
Oct 25, 2002
$775,000
Dent Basters Body Works LLC
Araujo,alberto & Aleida
Grant Deed
$487,500 · Colonial Bank
Dec 9, 1998
$940,000
Alberto Araujo
Strickland,robert N & Sharon
Grant Deed
$940,000 · Money Store Commercial Mtg
—
—
Dent Masters Body Works LLC
—
Deed Of Trust
related
$300,000 · Colonial Bank
—
—
Dent Masters Body Works LLC
—
Deed Of Trust
related
$349,129 · Banco Popular NA
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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