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Property profile & analytics
OFF-MARKET
Estimated value
$9,560,000
Manufacturing properties
9090 Nws Riv Dr Medley, FL 33166-2157
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3434850
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1980
Construction
CONCRETE
Total area
44,471 SF
Lot
2.23 ac (97,116 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
22-3003-011-0010
UPID
US18-3434850
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
$9.56M
CAP Approach
CAP
$9.19M
Comparable Approach
Comparable
$8.87M
Blend (final)
Blend
$9.56M
Owner & transaction history
Calico Canal Properties LLC · 1 yrs held
Calico Canal Properties LLC
since 2024
Last sale
$9.6M
3 recorded transactions
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Medley, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$12.6M
+23.9%
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
$9,560,000
ML approach
$9,560,000
CAP Approach
CAP Return
Estimation
6%
$9,960,000
6.5%
$9,190,000
7%
$8,535,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$10,205,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$12,640,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$9.56M
Range $8.60M – $10.52M · ±10% · vs last sale $9.56M (Aug 12 2024)
Last sale anchor
$9.56M
Aug 12 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
$215 / 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
$89,446
Tax year 2023
Assessed value
$7,011,000
Assessed 2023
Previous assessed
$7,011,000
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$4,613,010
Assessed improvement
$2,397,990
Land market value
$4,613,010
Improvement market value
$2,397,990
Total market value
$7,011,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
44,471 SF
Lot
2.23 ac (97,116 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
22-3003-011-0010
UPID
US18-3434850
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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$10.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.6M
INDUSTRIAL (GENERAL) Current
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
1980
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
2.23 ac
Current owner
From public records · entity-resolved
Calico Canal Properties LLC
Entity
Mailing address
17749 SW COLLINS AVE APT #2501, SUNNY ISLES BEACH, FL 33160-4893
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2024
$9,561,300
Calico Canal Properties LLC
Medley Canal Company
Warranty Deed
—
Jan 3, 2023
—
Ld Acquisition Company 16 LLC
—
Deed
related
$219,658,000 · Wilmington Trust NA
Nov 13, 2018
—
Ld Acquisition Co 16 LLC
—
Grant Deed
related
$419,761 · Bank Of Tx
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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