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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7500 41st St Miami, FL 33166-6718

    • Hotels
    • 62,334 SF
    • 1.70 lot acres
    OFF-MARKET
    Value Estimations
    $3,130,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-8345747
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • WoodSpring Suites Doral Miami Airport / Extended Stay Hotel / Hotel

    Property Details for 7500 41st St

    Year built
    2020
    Lot size
    1.70 lot acres
    Property size
    62,334 SF
    Zone code
    7300:INDUSTRIAL,HVY MFG
    Property type
    Hotels
    APN
    30-3026-030-0010
    APU
    3030260300010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3187
    Latitude
    25.8112
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $167,227
    $2,959,240
    $7,040,760
    $10,000,000
    -
    $2,959,240
    $7,040,760
    $10,000,000

    Comparable in this City

    • Value Estimation
      $915,000
      13,173 SF

      901 Royal Poinciana Blvd

      HOTEL • 13,173 SF
      901 Royal Poinciana Blvd, Miami Springs, FL 33166-7314
      View Details
    • Value Estimation
      $5,365,000
      121,164 SF

      1111 Royal Poinciana Blvd

      HOTEL • 121,164 SF
      1111 Royal Poinciana Blvd, Miami Springs, FL 33166-7318
      View Details
    • Value Estimation
      $3,375,000
      67,188 SF

      657 Minola Dr

      HOTEL • 67,188 SF
      657 Minola Dr, Miami Springs, FL 33166-6039
      View Details
    • Value Estimation
      $16,200,000
      54,027 SF

      5111 36th St

      HOTEL • 54,027 SF
      5111 36th St, Miami, FL 33166
      View Details
    • Value Estimation
      $3,805,000
      80,516 SF

      665 Mokena Dr

      HOTEL • 80,516 SF
      665 Mokena Dr, Miami Springs, FL 33166-6125
      View Details
    • Value Estimation
      $2,525,000
      52,212 SF

      3755 78th Ave

      HOTEL • 52,212 SF
      3755 78th Ave, Doral, FL 33166-6511
      View Details

    Similar Nearby for Sale

    • $7,000,000
      0.67 Acres

      Miami Springs Inn Redevelopment

      38-key hotel, redevelopment opportunity
      661 East Dr, Miami Springs, FL 33166
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    • $18,900,000

      Quality Inn Near Miami Airport

      129-room hotel near Miami Airport and CityPlace Doral.
      3959 NW 79Th Ave, Miami, FL 33166
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    • $19,750,000

      Wingate by Wyndham Miami Airport

      84-room hotel in Doral, built in 2017.
      3755 NW 78Th Ave, Miami, FL 33166
      View Details
    • $650,000

      Miami Warehouse: Prime Location

      1,470 SF Warehouse, Great Access
      7907 64Th St, Miami, FL 33166
      View Details
    • $17,900,000
      0.92 Acres

      Denny's Miami Redevelopment Opportunity

      Prime Miami land, redevelopment potential.
      7411 36Th St, Miami, FL 33166
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    • $400,000

      Medley Industrial Warehouse - $400K

      992 SF Warehouse, Office Space, Great Location
      8325 64Th St, Medley, FL 33166
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      4,300 SF

      5055 74Th Ave

      Distribution properties
      5055 74Th Ave, Miami, FL 33166
      View Details
    • $20 SF/Yr
      4,800 SF

      Miami Industrial Space - 4,800 SF

      4,800 SF Flex Space in Miami, FL
      7206 72Nd Ave, Miami, FL 33166
      View Details
    • $216 SF/Yr
      26,524 SF

      Medley Warehouse: 10,000 SF Available

      Versatile Medley industrial space; immediate occupancy.
      7500 82 St, Medley, FL 33166
      View Details
    • $43 SF/Yr
      1,948 SF

      Elegant 4-Story Office Space in NW Miami

      1,948 sq ft Office, 10 Parking Spaces
      7791 46Th St, Doral, FL 33166
      View Details
    • $0.36 SF/Yr
      1,369 SF

      Doral Office Space For Lease

      Modern Office, Prime Doral Location, 1369 sq ft
      3650 82 Ave, Doral, FL 33166
      View Details
    • $24 SF/Yr
      2,000 SF

      Doral Warehouse: Prime Location

      2,000 sq ft Industrial Space, Single Tenant
      5550 84 Ave, Doral, FL 33166
      View Details
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    7500 41st St
    Miami, FL 33166-6718
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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