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Property profile & analytics
OFF-MARKET
Estimated value
$1,590,000
Commercial land
Miami Gardens, FL 33056
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-6514081
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.09 ac (47,285 SF)
Zoning code
6500:COMMERCIAL,CLASSIF
APN
34-2103-031-0040
UPID
US18-6514081
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
$1.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.59M
Owner & transaction history
Nda Development LLC · 4 yrs held
Nda Development LLC
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
6500:COMMERCIAL,CLASSIF · Miami Gardens, 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 Gardens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami Gardens 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
$1,765,000
ML approach
$1,695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.59M
Range $1.43M – $1.75M · ±10% · vs last sale $1.45M (Nov 12 2021)
Last sale anchor
$1.45M
Nov 12 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
—
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
$31,871
Tax year 2023
Assessed value
$1,323,980
Assessed 2023
Previous assessed
$1,323,980
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$1,323,980
Land market value
$1,323,980
Total market value
$1,323,980
Applied tax rate
3,400.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
1.09 ac (47,285 SF)
Zoning code
6500:COMMERCIAL,CLASSIF
APN
34-2103-031-0040
UPID
US18-6514081
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6500:COMMERCIAL,CLASSIF · Miami Gardens, FL
Zoning 6500:COMMERCIAL,CLASSIF · permitted uses
6500:COMMERCIAL,CLASSIF · Miami Gardens, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami Gardens. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.09 ac
Current owner
From public records · entity-resolved
Nda Development LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1250 S PNE IS RD STE #225, PLANTATION, FL 33324-4477
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2021
$1,450,000
Nda Development LLC
Miami Gardens Owner LLC
Warranty Deed
—
Jan 14, 2020
—
Miami Gardens Owner LLC
—
Deed Of Trust
related
$48,500,000 · 3650 Cal Bridge Miami LLC
Jan 11, 2020
—
Miami Gardens Owner LLC
24 Hour Miami Gardens LP
Quit Claim Deed
related
—
Oct 3, 2016
$6,950,000
24 Hour Miami Gardens LP
Playa Depot LLC
Warranty Deed
—
Jul 28, 2011
—
Playa Plaza LLC
—
Deed Of Trust
related
$6,450,000 · Regions Bank
Jun 6, 2011
—
Playa Plaza LLC
—
Deed Of Trust
related
$4,406,235 · Regions Bank
Jul 2, 2010
—
Playa Plaza LLC
—
Grant Deed
related
$4,600,000 · Regions Bank
Mar 21, 2008
$1,824,000
Playa Plaza LLC
Home Depot USA INC
Grant Deed
$6,450,000 · Regions Bank
—
—
Playa Plaza LLC
—
Deed Of Trust
related
$1,900,000 · First Capital Bank Ky
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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