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Property profile & analytics
OFF-MARKET
Estimated value
$2,725,000
Warehouses
670 113th St Miami, FL 33168-3336
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1509158
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1963
Construction
CONCRETE
Total area
12,426 SF
Lot
0.37 ac (16,100 SF)
Zoning code
6062
APN
30-2136-021-0390
UPID
US18-1509158
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
-
MBG Consultants, Inc. (Bike/Boat/Book/etc) Store Corporate Office
-
Ecotech Visions Foundation, Inc. Charitable Organization Social Service Agency
-
Corner Roofing Roofing Company General Contractor
-
INNOVATIVE KIDS ART STUDIO,INC Marketing & Advertising Advertising Agency
-
SERVPRO of North Miami Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.84M
CAP Approach
CAP
$3.12M
Comparable Approach
Comparable
$3.24M
Blend (final)
Blend
$2.73M
Owner & transaction history
G10 670 LLC · 2 yrs held
G10 670 LLC
since 2024
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
6062 · Miami, 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 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
$2,670,000
ML approach
$2,840,000
CAP Approach
CAP Return
Estimation
6%
$3,380,000
6.5%
$3,120,000
7%
$2,895,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,695,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,530,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$2.73M
Range $2.45M – $3.00M · ±10% · vs last sale $2.25M (Aug 18 2021)
Last sale anchor
$2.25M
Aug 18 2021
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
$219 / 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
$24,606
Tax year 2023
Assessed value
$1,855,000
Assessed 2023
Previous assessed
$1,855,000
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$483,000
Assessed improvement
$1,372,000
Land market value
$483,000
Improvement market value
$1,372,000
Total market value
$1,855,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1963
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
12,426 SF
Lot
0.37 ac (16,100 SF)
Zoning code
6062
APN
30-2136-021-0390
UPID
US18-1509158
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6062 · Miami, FL
Zoning 6062 · permitted uses
6062 · 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
WAREHOUSE, STORAGE Current
Est. value
$3.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
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
1963
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
G10 670 LLC
Entity
Mailing address
9480 NE 2ND AVE #56, MIAMI SHORES, FL 33138-2703
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2024
—
G10 670 LLC
95th Street Corporation
Quitclaim Deed
related
—
Aug 18, 2021
$2,250,000
G10 670 LLC
Evelyn Langlieb Greer
Special Warranty Deed
$1,430,000 · Professional Bank
Mar 2, 2016
$1,580,000
670 Wh LLC
Vidal 8 LLC
Grant Deed
—
May 21, 2013
$1,200,000
Vidal 8 LLC
Favi INC
Special Warranty Deed
$960,000 · Bankunited NA
Oct 6, 1999
$530,000
Partners Investment Realty INC
Roether,scott R
Trustees Deed
—
—
—
Partners Investment Realty INC
—
Deed Of Trust
related
$70,000 · Individual
—
—
Partners Investment Realty INC
—
Deed Of Trust
related
$325,000 · Individual
—
—
Favi INC
—
Deed Of Trust
related
$900,000 · Great Florida Bank
—
—
Favi INC
—
Deed Of Trust
related
$775,848 · Great Florida Bank
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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