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Property profile & analytics
OFF-MARKET
Office buildings
6175 153rd St Miami Lakes, FL 33014-2435
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US18-0318590
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1984
Total area
555 SF
Zoning code
7700:INDUSTRIAL,RESTRICT
APN
32-2024-026-4502
UPID
US18-0318590
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
Richard L Menendez
Richard L Menendez
since 2025
7 recorded transactions
Zoning & alternative use
7700:INDUSTRIAL,RESTRICT · Miami Lakes, 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 Lakes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami Lakes 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
$2,067
Tax year 2023
Assessed value
$138,750
Assessed 2023
Previous assessed
$130,425
+6.4% YoY
Effective rate
1.49%
On assessed value
Total market value
$138,750
Applied tax rate
3,200.0000
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
1984
Heating
NONE
Total area
555 SF
Zoning code
7700:INDUSTRIAL,RESTRICT
APN
32-2024-026-4502
UPID
US18-0318590
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7700:INDUSTRIAL,RESTRICT · Miami Lakes, FLZoning 7700:INDUSTRIAL,RESTRICT · permitted uses
7700:INDUSTRIAL,RESTRICT · Miami Lakes, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Current owner
From public records · entity-resolved
Richard L Menendez
Individual
Mailing address
158 S RIV RD, STUART, FL 34996-6328
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
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2025
$299,000
Richard L Menendez
Ace Realty Services INC
Warranty Deed
$199,000 · Ace Realty Services INC
Feb 14, 2025
—
Florida First Capital Finance Corpo
Wuensche Properties LLC
Deed
—
Dec 26, 2024
$390,000
Geb 6175 Holdings LLC
Findpronto LLC
Warranty Deed
—
Sep 11, 2024
—
First Financial Home Mortgage Corp
—
Deed
related
$210,000 · Real Capital Finance LLC
Jul 8, 2024
—
Wuensche Properties LLC
—
Deed
related
$257,200 · Bankunited NA
Jan 9, 2023
$215,000
Legacy Park Investments LLC
Marion Sue Mcgowan Lewis
Personal Rep. Deed
—
May 18, 2022
—
Herizon Properties Investments LLC
Pablo Palacio
Deed
related
—
Apr 23, 2022
$240,000
Rope Capital Investments I LLC
Marina Bass
Warranty Deed
$190,000 · The Marina Bass Revocable Trust
Apr 12, 2022
$215,000
Hopc Capital Investments II LLC
Marina Bass
Warranty Deed
$165,000 · The Marina Bass Revocable Trust
Oct 8, 2021
$281,000
Horizon Properties Investments LLC
Pablo Palacio
Warranty Deed
—
Jan 20, 2021
$139,700
6175 Land Trust
Lynda Houk
Warranty Deed
—
Jan 20, 2021
—
Richard Wellman
Lynda Houk
Deed
related
—
May 26, 2020
—
Bass,marina Trust
Marina Bass Family LP
Quitclaim Deed
related
—
Sep 25, 2019
$100
Lynda Houk
Richard Wellman
Quitclaim Deed
related
—
May 31, 2019
$220,000
Hassan Coml Prop LLC
Marchetti,ciro
Grant Deed
$120,000 · Branch Bk&tr
Jan 8, 2019
$260,000
Green Lands Investors Of Florida Ll
Dra Behavioral Health Corp
Warranty Deed
$208,000 · Biscayne Bank
Jul 25, 2018
—
Dra Behavioral Health Corp
—
Deed
related
$110,000 · Richard B Carmel Ps Trust (ct)
Jan 8, 2018
$250,000
Dra Behavioral Health Corp
Lehmann,c Richard & Sarah A
Warranty Deed
—
Sep 13, 2016
$250,000
Famlife For Life LLC
Banyan Re Holdings LLC
Warranty Deed
$200,000 · Professional Bank
May 17, 2006
$485,000
Barnes Pa
Riley,anne
Warranty Deed
$388,000 · Wachovia Bank 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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