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Property profile & analytics
OFF-MARKET
Estimated value
$4,790,000
Office buildings
655 107th St Miami, FL 33168-3256
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-9900435
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1984
Construction
CONCRETE
Total area
10,601 SF
Lot
0.51 ac (22,400 SF)
Zoning code
6062
APN
30-2136-018-2590
UPID
US18-9900435
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
$4.99M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.79M
Owner & transaction history
10750 Nw 6th Court LLC · 11 yrs held
10750 Nw 6th Court LLC
since 2015
5 recorded transactions
Zoning & alternative use
6062 · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Planning and Zoning
Top alternative use upside
Restaurant
$7.9M
+8.7%
Commercial (general)
$7.8M
+8.4%
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%
$5,405,000
6.5%
$4,990,000
7%
$4,635,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,230,000
Current use
RESTAURANT
$7,860,000
Change: +9% · Conversion: Moderate
COMMERCIAL (GENERAL)
$7,835,000
Change: +8% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,930,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$6,065,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$4.79M
Range $4.31M – $5.27M · ±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
$452 / 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
$39,396
Tax year 2023
Assessed value
$2,644,878
Assessed 2023
Previous assessed
$2,644,878
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$672,000
Assessed improvement
$1,972,878
Land market value
$672,000
Improvement market value
$1,972,878
Total market value
$2,644,878
Applied tax rate
3,000.0000
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
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
10,601 SF
Lot
0.51 ac (22,400 SF)
Zoning code
6062
APN
30-2136-018-2590
UPID
US18-9900435
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6062 · Miami, FLZoning 6062 · permitted uses
6062 · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning and Zoning
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$7.2M
RESTAURANT
Est. value
$7.9M
COMMERCIAL (GENERAL)
Est. value
$7.8M
AUTO REPAIR, GARAGE
Est. value
$6.9M
RETAIL STORES
Est. value
$6.1M
OFFICE BUILDING Current
RESTAURANT
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
1984
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.51 ac
Current owner
From public records · entity-resolved
10750 Nw 6th Court LLC
Entity
Mailing address
10750 NW 6TH CT, MIAMI, FL 33168-3258
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2018
—
10750 Nw 6th Court LLC
—
Grant Deed
related
$5,280,000 · Ocean Bk
Jun 17, 2015
$945,000
10750 Nw 6th Court LLC
American Salvage INC
Warranty Deed
$1,197,000 · Wells Fargo Bank NA
Jul 28, 2011
$375,000
American Salvage INC
2107 Associates
Warranty Deed
—
Jul 23, 2002
$350,000
2107 Associates
Danluck,thomas R
Grant Deed
$297,500 · Southern Community Bank
—
—
American Salvage INC
—
Deed Of Trust
related
$296,125 · Florida Business Dev Corp
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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