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Property profile & analytics
OFF-MARKET
Estimated value
$2,735,000
Automotive properties
8700 93rd St Medley, FL 33178-1412
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-3326153
Property summary
AI-generated overview
This exceptional 62,391 square foot industrial property in Medley, Florida, presents a unique investment opportunity. The site boasts a 10,000 square foot warehouse structure built in 1982, currently operating as a truck mechanic repair shop, included in the asking price of $10,000,000. The building is considered to be in above-average condition for the area. Its strategic location at the southwest corner of NW 87th Avenue and NW 93rd Street provides exceptional visibility and accessibility. The property enjoys significant street frontage, measuring 312 feet along NW 87th Avenue and 200 feet along NW 93rd Street. Its M1 zoning classification allows for a wide range of potential uses. Furthermore, its proximity to major roadways such as Okeechobee Road, the Turnpike, and the Palmetto Expressway (SR 826) ensures convenient access to transportation networks. This prime location in Miami-Dade County, with its zip code 33178, offers significant potential for growth and return on investment. All offers are welcome.
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1982
Construction
CONCRETE
Total area
10,000 SF
Lot
1.43 ac (62,391 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
22-3004-003-0021
UPID
US18-3326153
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.74M
Owner & transaction history
Av Realty Holdings LLC · 5 yrs held
Av Realty Holdings LLC
since 2021
Last sale
$2.9M
2 recorded transactions
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Medley, 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 Medley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medley 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
$2,550,000
ML approach
$2,580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.74M
Range $2.46M – $3.01M · ±10% · vs last sale $2.90M (Feb 5 2021)
Last sale anchor
$2.90M
Feb 5 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
$274 / 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
$56,940
Tax year 2023
Assessed value
$3,454,661
Assessed 2023
Previous assessed
$2,524,341
+36.9% YoY
Effective rate
1.65%
On assessed value
Assessed land
$3,119,550
Assessed improvement
$335,111
Land market value
$3,119,550
Improvement market value
$335,111
Total market value
$3,454,661
Applied tax rate
2,200.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1982
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
10,000 SF
Lot
1.43 ac (62,391 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
22-3004-003-0021
UPID
US18-3326153
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Medley, FL
Zoning 7100:INDUSTRIAL,LIGHT MFG · permitted uses
7100:INDUSTRIAL,LIGHT MFG · Medley, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Medley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
1.43 ac
Current owner
From public records · entity-resolved
Av Realty Holdings LLC
Entity
Mailing address
8700 NW 93RD ST, MEDLEY, FL 33178-1412
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2021
$2,900,000
Av Realty Holdings LLC
Lazos Tractor Equipment Service Cor
Warranty Deed
$2,700,000 · Lazos Tractor Equipment Service Cor
Feb 1, 2007
—
Lazos Tractor Equipment Ser Co
Owner,record
Grant Deed
related
—
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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