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Property profile & analytics
OFF-MARKET
Estimated value
$1,570,000
Office buildings
5820 Bird Rd Miami, FL 33155-5304
Individually Owned
27-yr Hold
~
Est. High Equity
Property ID
US18-1554512
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2008
Construction
CONCRETE
Total area
3,203 SF
Lot
0.22 ac (9,500 SF)
Zoning code
6700:COMM,SHOP CENTER
APN
09-4024-005-0080
UPID
US18-1554512
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
-
Rosie Gaston Loan Service Bank
-
Banking Mortgage Services Corporation In Miami Loan Service
-
BMS Corporation Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.51M
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.57M
Owner & transaction history
Edward T Marion · 27 yrs held
Edward T Marion
since 1999
7 recorded transactions
Zoning & alternative use
6700:COMM,SHOP CENTER · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.4M
+6.6%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,635,000
6.5%
$1,510,000
7%
$1,400,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,220,000
Current use
COMMERCIAL (GENERAL)
$2,370,000
Change: +7% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,095,000
Change: -6% · Conversion: Difficult
RETAIL STORES
$1,830,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$1.57M
Range $1.41M – $1.73M · ±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
$490 / 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
$20,478
Tax year 2023
Assessed value
$1,794,605
Assessed 2023
Previous assessed
$1,323,806
+35.6% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,425,000
Assessed improvement
$369,605
Land market value
$1,425,000
Improvement market value
$369,605
Total market value
$1,794,605
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
3,203 SF
Lot
0.22 ac (9,500 SF)
Zoning code
6700:COMM,SHOP CENTER
APN
09-4024-005-0080
UPID
US18-1554512
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6700:COMM,SHOP CENTER · Miami, FL
Zoning 6700:COMM,SHOP CENTER · permitted uses
6700:COMM,SHOP CENTER · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RETAIL STORES
Est. value
$1.8M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
2008
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Edward T Marion
Individual
Mailing address
5820 BIRD RD, MIAMI, FL 33155-5304
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1999
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
Jan 25, 1999
$500,000
Edward T Marion
Delgado,sergio & Lisset
Grant Deed
$375,000 · Transatlantic Bank
—
—
Sergio Delgado
—
Deed Of Trust
related
$300,000 · Transatlantic Bank
—
—
Sergio Delgado
—
Deed Of Trust
related
$150,000 · Transatlantic Bank
—
—
Sergio Delgado
—
Deed Of Trust
related
$100,000 · Individual
—
—
Commercial Capital Sf Corp
—
Deed Of Trust
related
$2,000,000 · Ocean Bank
—
—
Commerial Capital Sf Corp
—
Deed Of Trust
related
$459,000 · Totalbank
—
—
Commercial Capital Sf Corp
—
Deed Of Trust
related
$4,000,000 · Totalbank
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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