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Property profile & analytics
OFF-MARKET
Estimated value
$2,300,000
Community centers
8700 137th Ct Miami, FL 33183-4443
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US18-4354594
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1977
Construction
CONCRETE
Total area
27,330 SF
Lot
2.03 ac (88,420 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
30-4934-006-0050
UPID
US18-4354594
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
-
Nury’s Flowers 2 (Bike/Boat/Book/etc) Store Florist
-
Sabor Tropical Supermarket 2 Specialty Food Shop Supermarket
-
L&C Phone and Repair LLC, Simple Mobile,Net10,LycaMobile,Go Smart,Bill Payments Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.30M
Owner & transaction history
Klc Investments INC · 25 yrs held
Klc Investments INC
since 2001
7 recorded transactions
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · 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
Method
Estimation
Statistic approach
by Request
ML approach
$1,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.30M
Range $2.07M – $2.53M · ±10%
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
$84 / 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
$74,609
Tax year 2023
Assessed value
$4,466,040
Assessed 2023
Previous assessed
$4,466,040
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$2,917,860
Assessed improvement
$1,548,180
Land market value
$2,917,860
Improvement market value
$1,548,180
Total market value
$4,466,040
Applied tax rate
3,000.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1977
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
27,330 SF
Lot
2.03 ac (88,420 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
30-4934-006-0050
UPID
US18-4354594
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Miami, FLZoning 6400:COMMERCIAL,CENTRAL · permitted uses
6400:COMMERCIAL,CENTRAL · 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
1977
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.03 ac
Current owner
From public records · entity-resolved
Klc Investments INC
Entity
Mailing address
PO BOX 558848, MIAMI, FL 33255-8848
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2018
—
Klc Investment INC
—
Deed
related
$3,800,000 · Tiaa Fsb
Apr 30, 2001
—
Klc Investments INC
Kendall Lakes Market INC
Quit Claim Deed
related
—
Apr 30, 2001
$3,025,000
Klc Investments INC
Kendall Lakes Market INC
Grant Deed
$2,420,000 · Eastern National Bank
Jan 21, 1999
$1,800,000
Kendall Lakes Market INC
Klm Partnership
Trustees Deed
—
Jan 21, 1999
—
Kendall Lakes Market INC
Arbery Corp
Trustees Deed
$1,520,000 · Commercial Bank Florida
—
—
Klc Investment INC
—
Deed Of Trust
related
$4,100,000 · Totalbank
—
—
Klc Investment INC
—
Deed Of Trust
related
$3,800,000 · Tiaa 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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