6942 50th St2-2 Miami, FL 33166-5632
Entity Owned
18-yr Hold
Free & Clear
Estimated value (blended)
$400k
Range $360k – $440k (±10%)
Property ID
US18-9033486
Property summary
AI-generated overview
This exceptional 3,532-square-foot warehouse is ideally situated in the Airport West, Doral area and presents a remarkable investment opportunity. The property is a single-tenant building, zoned 7300, with APN 30-30-23-034-0100. It boasts 100% air conditioning, ensuring a comfortable and controlled environment year-round. The warehouse features a generous ceiling height of 22 feet, providing ample vertical space for storage and operations. Convenient access is provided by one loading door, simplifying loading and unloading processes. Employee and visitor needs are met with two bathrooms. Furthermore, the property includes four assigned parking spaces, ensuring convenient parking for occupants and guests. This fully air-conditioned warehouse is ready for immediate occupancy, making it an attractive option for businesses seeking a move-in ready space. The single-tenant nature of the building offers simplicity and control, while the prime location in the Airport West, Doral area provides excellent accessibility and visibility. This is a rare opportunity to acquire a well-maintained, functional warehouse in a highly desirable location. The property is classified as industrial, with a warehouse subtype.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Total area
3,532 SF
Zoning code
7300:INDUSTRIAL,HVY MFG
APN
30-3023-034-0100
UPID
US18-9033486
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Industrial Manufacturer Production Facility
-
Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$804k
Blend (final)
Blend
$400k
Owner & transaction history
since 2008
1 recorded transaction
Zoning & alternative use
7300:INDUSTRIAL,HVY MFG · Miami, FL
Top alternative use upside
Neighborhood: shopping center
$1.0M
+23.9%
Warehouse, storage
$985,000
+21.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 12 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$400k
Value range
$360k – $440k
±10% around blend
Estimated value / SF
$113 / SF
Confidence
High
12 county-verified comps
Property data
63
Market benchmarks
100
Comparable evidence
100
$360k
blend $400k
$440k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,532 SF
Year built
1989
APN
30-3023-034-0100
Assessed value
$635,760
Annual tax
$8,853
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.16M
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.2 mi away · 3,556 SF
0.2 mi away · 4,207 SF
0.4 mi away · 4,212 SF
1.1 mi away · 2,472 SF
1.2 mi away · 2,472 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$400k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 182 sales
$229
-51%
Submarket 1600 sales
$268
-58%
County 2032 sales
$249
-55%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $113/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+24%
vs current-use indication
Warehouse, Storage
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$636k
Move the market yield to see immediate price impact.
Value / SF
$180
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$40k
$801k
$572k
$445k
$45k
$890k
$636k
$494k
$49k
$979k
$699k
$544k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$1.18M
0.2 mi · Dec 2025 · $335/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,853
Tax year 2023
Assessed value
$635,760
Assessed 2023
Previous assessed
$441,500
+44.0% YoY
Effective rate
1.39%
On assessed value
Total market value
$635,760
Applied tax rate
3,000.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1989
Heating
NONE
Total area
3,532 SF
Zoning code
7300:INDUSTRIAL,HVY MFG
APN
30-3023-034-0100
UPID
US18-9033486
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7300:INDUSTRIAL,HVY MFG · Miami, FLZoning 7300:INDUSTRIAL,HVY MFG · permitted uses
7300:INDUSTRIAL,HVY MFG · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
7300:INDUSTRIAL,HVY MFG
Jurisdiction
Miami, FL
Recorded code
7300:INDUSTRIAL,HVY MFG
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 7300:INDUSTRIAL,HVY MFG in Miami, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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