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Property profile & analytics
OFF-MARKET
Estimated value
$2,540,000
Industrial land
79 28th St Miami, FL 33137-4410
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-1540579
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
0.08 ac (3,500 SF)
Zoning code
6101
APN
01-3125-005-0300
UPID
US18-1540579
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
-
Baby Bastards Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.54M
Owner & transaction history
Mowyn Mohawk LLC · 5 yrs held
Mowyn Mohawk LLC
since 2021
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
6101 · 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
$2,865,000
ML approach
$2,890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.54M
Range $2.29M – $2.79M · ±10% · vs last sale $2.20M (Jul 2 2021)
Last sale anchor
$2.20M
Jul 2 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
—
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
$13,305
Tax year 2023
Assessed value
$787,500
Assessed 2023
Previous assessed
$700,000
+12.5% YoY
Effective rate
1.69%
On assessed value
Assessed land
$787,500
Land market value
$787,500
Total market value
$787,500
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
0.08 ac (3,500 SF)
Zoning code
6101
APN
01-3125-005-0300
UPID
US18-1540579
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6101 · Miami, FL
Zoning 6101 · permitted uses
6101 · 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
Heating
NONE
Lot
0.08 ac
Current owner
From public records · entity-resolved
Mowyn Mohawk LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1200 BRICKELL AVE STE #1200, MIAMI, FL 33131-3158
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2021
$2,200,000
Mowyn Mohawk LLC
29th Street Warehouses LLC
Special Warranty Deed
—
Oct 23, 2017
—
29th Street Warehouse LLC
Altman Dev Corp
Grant Deed
related
—
Dec 29, 2011
—
29th Street Warehouses LLC
—
Deed Of Trust
related
$1,000,000 · Gibraltar Private Bank & Trust
Mar 11, 2011
—
1526 Pennsylvania Avenue INC
—
Deed Of Trust
related
$6,800,000 · Gibraltar Private Bank & Trust
Oct 1, 2009
—
1526 Pennsylvania Avenue INC
—
Deed Of Trust
related
$6,800,000 · Gibraltar Private Bank & Trust
Aug 22, 2002
$70,000
29th Streer Warehouses LLC
Newcomb,fred W
Grant Deed
$45,500 · Union Planters National Bank
Jul 27, 2001
$710,000
Fred W Newcomb
Associates Management & Consul
Grant Deed
$445,881 · Associates Management & Consul
—
—
29th Street Warehouses LLC
—
Loan Modification
related
$3,959,171 · Gibraltar Private Bk&tr Fsb
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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