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Property profile & analytics
OFF-MARKET
Estimated value
$2,725,000
Manufacturing properties
6700 37th Ct, Miami, FL 33147-6537
Individually Owned
22-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-1941444
Property summary
AI-generated overview
This exceptional single-tenant warehouse, located at 6700 NW 37th Ct in Hialeah, Florida, offers 22,250 square feet of versatile space. Boasting 22-foot high ceilings, this property provides ample room for various industrial uses. Its strategic corner location ensures high visibility and easy access. The property is zoned 7100 and features a substantial amount of on-site parking, a significant advantage in this busy industrial area. The building consists of a single suite within a single building, making it ideal for a business seeking a self-contained operation. The property's APN is 04-31-17-016-0102. Situated in Miami, Florida, with a zip code of 33147, this warehouse enjoys a prime location within a thriving industrial sector. The property's geographic coordinates are 25.8346217 latitude and -80.2589519 longitude. A compelling incentive is offered by the owner: two months of free rent with a full-price offer. This presents a unique opportunity for businesses seeking a cost-effective entry into a desirable location. This warehouse is ready for immediate occupancy.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1957
Construction
CONCRETE
Total area
20,250 SF
Lot
0.73 ac (31,799 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
04-3117-016-0102
UPID
US18-1941444
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
-
Vertical Textiles Clothing & Fashion 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
$2.73M
Owner & transaction history
George S Davitian · 22 yrs held
George S Davitian
since 2003
2 recorded transactions
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$135 / 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
$33,585
Tax year 2023
Assessed value
$2,239,000
Assessed 2023
Previous assessed
$1,422,710
+57.4% YoY
Effective rate
1.50%
On assessed value
Assessed land
$1,430,955
Assessed improvement
$808,045
Land market value
$1,430,955
Improvement market value
$808,045
Total market value
$2,239,000
Applied tax rate
400.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1957
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
20,250 SF
Lot
0.73 ac (31,799 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
04-3117-016-0102
UPID
US18-1941444
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Miami, FL
Zoning 7100:INDUSTRIAL,LIGHT MFG · permitted uses
7100:INDUSTRIAL,LIGHT MFG · 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.
Building & site characteristics
From public records
Year built
1957
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
George S Davitian
Individual
Free & Clear · 22 yrs held
Mailing address
2645 NE 207TH ST, AVENTURA, FL 33180-1149
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2021
—
Hialeah Rentals LLC
—
Deed
related
$9,250,000 · Popular Bank
Nov 8, 2003
—
George S Davitian
Kattan,tr
Quit Claim Deed
related
—
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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