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Property profile & analytics
FOR LEASE
Office buildings
6405 NW 36Th St, Virginia Gardens, FL 33166
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US19-0175104
For Lease
1 / 2
$600/Mo
6405 NW 36Th St, Virginia Gardens, FL 33166
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1952
Construction
CONCRETE
Total area
48,881 SF
Lot
1.79 ac (78,000 SF)
Zoning code
6600:COMMERCIAL,LIBERAL
APN
26-3025-001-0292
UPID
US19-0175104
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
$12.27M
Blend (final)
Blend
$10.32M
Owner & transaction history
Marrero Capital Investments LLC · 1 yrs held
Marrero Capital Investments LLC
since 2025
Last sale
$7.6M
7 recorded transactions
Zoning & alternative use
6600:COMMERCIAL,LIBERAL · Virginia Gardens, 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 Virginia Gardens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Virginia Gardens 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.32M
Range $9.28M – $11.35M · ±10% · vs last sale $7.60M (Feb 7 2025)
Last sale anchor
$7.60M
Feb 7 2025
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
$211 / 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
$101,759
Tax year 2023
Assessed value
$6,090,000
Assessed 2023
Previous assessed
$4,800,000
+26.9% YoY
Effective rate
1.67%
On assessed value
Assessed land
$3,510,000
Assessed improvement
$2,580,000
Land market value
$3,510,000
Improvement market value
$2,580,000
Total market value
$6,090,000
Applied tax rate
2,600.0000
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
For Lease
Year built
1952
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
48,881 SF
Lot
1.79 ac (78,000 SF)
Zoning code
6600:COMMERCIAL,LIBERAL
APN
26-3025-001-0292
UPID
US19-0175104
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6600:COMMERCIAL,LIBERAL · Virginia Gardens, FL
Zoning 6600:COMMERCIAL,LIBERAL · permitted uses
6600:COMMERCIAL,LIBERAL · Virginia Gardens, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Virginia Gardens. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
1.79 ac
Current owner
From public records · entity-resolved
Marrero Capital Investments LLC
Entity
Mailing address
6915 SW 57TH AVE STE #205, SOUTH MIAMI, FL 33143-3654
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2025
$7,600,000
Marrero Capital Investments LLC
Tc Avex LLC
Warranty Deed
$1,565,000 · Ocean Bank
Dec 27, 2023
—
Tc Avex LLC
—
Deed
related
$4,219,957 · Ocean Bank
Jan 7, 2020
—
Tc Avex LLC
—
Deed
related
$4,500,000 · Ocean Bk
Aug 23, 2017
—
Tc Avex LLC
—
Grant Deed
related
$7,720,000 · Ocean Bk
Apr 24, 2008
$3,100,000
Tc Avex LLC
W J Hughes
Warranty Deed
$2,227,500 · Intercredit Bank NA
Nov 8, 2007
—
Avex Building
Hughes,w James
Warranty Deed
related
—
—
—
Tc Avex LLC
—
Loan Modification
related
$4,500,000 · Ocean Bk
—
—
Tc Avex LLC
—
Deed Of Trust
related
$3,000,000 · Banesco USA
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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