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Property profile & analytics
FOR SALE
Manufacturing properties
8995 NW 12Th St Doral, FL 33172
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0902158
For Sale
1 / 2
$9,700,000
8995 NW 12Th St, Doral, FL 33172
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2001
Construction
CONCRETE
Total area
28,460 SF
Lot
1.26 ac (54,886 SF)
Zoning code
7600:INTENSIVE USE
APN
35-3033-004-0080
UPID
US19-0902158
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
$9.70M
CAP Approach
CAP
$5.88M
Comparable Approach
Comparable
$7.39M
Blend (final)
Blend
$9.70M
Owner & transaction history
Infinite Herbs LLC · 2 yrs held
Infinite Herbs LLC
since 2024
Last sale
$9.7M
7 recorded transactions
Zoning & alternative use
7600:INTENSIVE USE · Doral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$12.5M
+36.6%
Office building
$11.6M
+27.1%
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
$9,700,000
ML approach
$9,700,000
CAP Approach
CAP Return
Estimation
6%
$6,370,000
6.5%
$5,880,000
7%
$5,460,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,150,000
Current use
MEDICAL BUILDING
$12,500,000
Change: +37% · Conversion: Difficult
OFFICE BUILDING
$11,630,000
Change: +27% · Conversion: Difficult
WAREHOUSE, STORAGE
$8,850,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$9.70M
Range $8.73M – $10.67M · ±10% · vs last sale $9.70M (Jan 5 2024)
Last sale anchor
$9.70M
Jan 5 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
$341 / 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
$75,930
Tax year 2023
Assessed value
$5,309,000
Assessed 2023
Previous assessed
$5,309,000
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$1,921,010
Assessed improvement
$3,387,990
Land market value
$1,921,010
Improvement market value
$3,387,990
Total market value
$5,309,000
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
For Sale
Year built
2001
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
28,460 SF
Lot
1.26 ac (54,886 SF)
Zoning code
7600:INTENSIVE USE
APN
35-3033-004-0080
UPID
US19-0902158
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7600:INTENSIVE USE · Doral, FL
Zoning 7600:INTENSIVE USE · permitted uses
7600:INTENSIVE USE · 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
$9.2M
MEDICAL BUILDING
Est. value
$12.5M
OFFICE BUILDING
Est. value
$11.6M
WAREHOUSE, STORAGE
Est. value
$8.9M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
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
2001
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
Infinite Herbs LLC
Entity
Mailing address
7911 NW 21ST ST, DORAL, FL 33122-1616
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2024
$9,700,000
Infinite Herbs LLC
Doral Lakes Enterprise INC
Special Warranty Deed
$500,000 · City National Bank Of Florida
Feb 10, 2020
—
Doral Lakes Ent INC
—
Deed
related
$3,500,000 · First Ic Bk
Aug 2, 2005
$3,000,000
Doral Lakes Ent INC
Bip Real Estate LLC
Grant Deed
$2,247,500 · Bank Of America
Jul 22, 2003
$2,500,000
Bip Real Estate LLC
Focus LLC
Quit Claim Deed
related
—
Sep 21, 2001
$2,320,000
Focus Ltd
Tract H LLC
Grant Deed
—
Nov 8, 1999
$490,000
Tract H LLC
Cjm International INC
Grant Deed
$343,000 · Individual
—
—
Doral Lakes Ent INC
—
Deed Of Trust
related
$1,600,000 · Interamerican Bk
—
—
Doral Lakes Ent INC
—
Deed Of Trust
related
$3,500,000 · First Ic Bk
—
—
Doral Lakes Ent INC
—
Deed Of Trust
related
$1,500,000 · Lg Electronics Panama Sa
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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