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Property profile & analytics
OFF-MARKET
Commercial land
656 Minola Dr Miami Springs, FL 33166-6040
Entity Owned
11-yr Hold
Free & Clear
Property ID
US19-0123714
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1944
Construction
CONCRETE
Total area
1,288 SF
Lot
0.21 ac (9,088 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
05-3119-010-4170
UPID
US19-0123714
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sucre LLC · 11 yrs held
Sucre LLC
since 2015
6 recorded transactions
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami Springs, FL
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 Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami Springs 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
$7,652
Tax year 2023
Assessed value
$408,960
Assessed 2023
Previous assessed
$290,816
+40.6% YoY
Effective rate
1.87%
On assessed value
Assessed land
$408,960
Land market value
$408,960
Total market value
$408,960
Applied tax rate
500.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1944
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
1,288 SF
Lot
0.21 ac (9,088 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
05-3119-010-4170
UPID
US19-0123714
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami Springs, FLZoning 6100:COMMERCIAL,NEIGHBRHD · permitted uses
6100:COMMERCIAL,NEIGHBRHD · Miami Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Map
Building & site characteristics
From public records
Year built
1944
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Sucre LLC
Entity
Free & Clear · 11 yrs held
Mailing address
5805 WATERFORD DISTRICT DR STE #200, MIAMI, FL 33126-2008
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2020
—
Sucre LLC
—
Deed
related
$17,662,540 · Centennial Bk
Nov 28, 2017
—
Sucre LLC
—
Grant Deed
related
$35,325,080 · Centennial Bk
Feb 13, 2015
$5,360,000
Sucre LLC
Nw 36th Street Investors LLC
Grant Deed
—
Oct 12, 2010
$200
Nw 36th Street Investors LLC
Morton Properties INC Coc
Trustees Deed
related
—
Jul 15, 2003
—
Alexander C Morton
—
Deed Of Trust
related
$1,612,000 · Allied Mortgage & Financial Co
—
—
Sucre LLC
—
Loan Modification
related
$17,662,540 · Centennial Bk
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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