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Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Schools
9600 97th Ave Miami, FL 33176-2855
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-4160712
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
2019
Construction
CONCRETE
Total area
35,154 SF
Lot
2.3 ac (100,188 SF)
Zoning code
2300:ESTATES,1 ACRE
APN
30-5005-000-0120
UPID
US18-4160712
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
$1.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.38M
Owner & transaction history
Somerset Academy INC · 9 yrs held
Somerset Academy INC
since 2017
4 recorded transactions
Zoning & alternative use
2300:ESTATES,1 ACRE · Miami, 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 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
$1,555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±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
$39 / 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
Assessed value
$5,516,923
Assessed 2023
Previous assessed
$5,561,801
-0.8% YoY
Assessed land
$1,075,000
Assessed improvement
$4,441,923
Land market value
$1,075,000
Improvement market value
$4,441,923
Total market value
$5,516,923
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
2019
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
35,154 SF
Lot
2.3 ac (100,188 SF)
Zoning code
2300:ESTATES,1 ACRE
APN
30-5005-000-0120
UPID
US18-4160712
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
2300:ESTATES,1 ACRE · Miami, FL
Zoning 2300:ESTATES,1 ACRE · permitted uses
2300:ESTATES,1 ACRE · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
2.3 ac
Current owner
From public records · entity-resolved
Somerset Academy INC
Entity
Mailing address
6340 SUNSET DR, MIAMI, FL 33143-4836
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2017
$2,650,000
Somerset Academy INC
Lones Family LP
Grant Deed
—
May 28, 2004
—
Lones Family LP
Lones,lee S & Judy M
Quit Claim Deed
related
$1,200,000 · Wachovia Bank NA
—
—
Lones Family LP
—
Deed Of Trust
related
$1,000,000 · International Finance Bank
—
—
Lones Family LP
—
Deed Of Trust
related
$350,000 · International Finance Bank
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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