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Property profile & analytics
OFF-MARKET
Estimated value
$23,085,000
Warehouses
7865 10th Ave Miami, FL 33138-4721
Entity Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0855897
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2019
Total area
137,080 SF
Lot
0.64 ac (28,000 SF)
Zoning code
6101
APN
01-3208-008-0010
UPID
US19-0855897
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
-
Extra Space Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.09M
Owner & transaction history
Bedl Air Crest INC · 22 yrs held
Bedl Air Crest INC
since 2003
5 recorded transactions
Zoning & alternative use
6101 · Miami, 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 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
$168 / 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
$304,540
Tax year 2023
Assessed value
$24,116,000
Assessed 2023
Previous assessed
$18,612,000
+29.6% YoY
Effective rate
1.26%
On assessed value
Assessed land
$2,800,000
Assessed improvement
$21,316,000
Land market value
$2,800,000
Improvement market value
$21,316,000
Total market value
$24,116,000
Applied tax rate
100.0000
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
2019
Heating
NONE
Cooling
CENTRAL
Stories
6
Total area
137,080 SF
Lot
0.64 ac (28,000 SF)
Zoning code
6101
APN
01-3208-008-0010
UPID
US19-0855897
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6101 · Miami, FLZoning 6101 · permitted uses
6101 · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning and Zoning
Building & site characteristics
From public records
Year built
2019
Heating
NONE
Cooling
Yes
Stories
6
Lot
0.64 ac
Current owner
From public records · entity-resolved
Bedl Air Crest INC
Entity
Mailing address
6956 SUNRISE TER, CORAL GABLES, FL 33133-7032
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2022
—
Bel Air Crest LLC
—
Deed
related
$31,360,000 · Extra Space Capital LLC
Jul 9, 2021
—
Bel Air Crest LLC
—
Deed
related
$18,000,000 · Skymar Capital Corporation
Jul 23, 2019
—
Bel Air Crest LLC
—
Loan Modification
related
$11,622,508 · Miscellaneous Ins Co
Oct 30, 2017
—
Bel Air Crest LLC
—
Grant Deed
related
$13,750,000 · Florida Cmnty Bk NA
Oct 31, 2003
$840,000
Bedl Air Crest INC
Olivier,ruth
Grant Deed
—
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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