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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Manufacturing properties
8111 33rd St Doral, FL 33122-1005
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-9069051
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Total area
3,381 SF
Zoning code
7300:INDUSTRIAL,HVY MFG
APN
35-3027-064-0110
UPID
US18-9069051
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
$700k
Comparable Approach
Comparable
$787k
Blend (final)
Blend
$900k
Owner & transaction history
Stellar 8111 LLC · 2 yrs held
Stellar 8111 LLC
since 2024
Last sale
$900,000
6 recorded transactions
Zoning & alternative use
7300:INDUSTRIAL,HVY MFG · Doral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+66.1%
Office building
$1.2M
+28.9%
Warehouse, storage
$1.0M
+16.3%
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 Doral submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Doral 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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
$755,000
6.5%
$700,000
7%
$650,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$895,000
Current use
MEDICAL BUILDING
$1,485,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$1,150,000
Change: +29% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,040,000
Change: +16% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$960,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (May 17 2024)
Last sale anchor
$900k
May 17 2024
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
$266 / 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
$10,225
Tax year 2023
Assessed value
$743,820
Assessed 2023
Previous assessed
$743,820
+0.0% YoY
Effective rate
1.37%
On assessed value
Total market value
$743,820
Applied tax rate
3,500.0000
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
1972
Heating
NONE
Total area
3,381 SF
Zoning code
7300:INDUSTRIAL,HVY MFG
APN
35-3027-064-0110
UPID
US18-9069051
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7300:INDUSTRIAL,HVY MFG · Doral, FL
Zoning 7300:INDUSTRIAL,HVY MFG · permitted uses
7300:INDUSTRIAL,HVY MFG · Doral, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Doral. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$895,000
MEDICAL BUILDING
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$960,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Current owner
From public records · entity-resolved
Stellar 8111 LLC
Entity
Mailing address
5201 WATERFORD DISTRICT DR, MIAMI, FL 33126-2064
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2024
$900,000
Stellar 8111 LLC
Doral 8111 LLC
Warranty Deed
$720,000 · First Citizens Bank & Trust Co
Jan 7, 2019
—
Doral 8111 LLC
—
Deed
related
$500,000 · Davison Fuels INC
Apr 10, 2012
$400,000
Doral 8111 LLC
Doral 2011 LLC
Warranty Deed
$300,000 · Doral 2011 LLC
Mar 5, 2012
$900,100
Doral 2011 LLC
Farah R/e & Inv LLC Coc
Trustees Deed
—
Jan 23, 2007
$1,100,000
Farah Real Estate & Inv LLC
Airways Centre Realty Co LLC
Grant Deed
$760,000 · Great Florida Bank
—
—
Doral 8111 LLC
—
Deed Of Trust
related
$500,000 · Davison Fuels INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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