Let's prototype
95 Merrick Way 3rd Floor Unit 325, Coral Gables, FL 33134
Coral Gables, Florida, United States
Address
City: Coral Gables
Neighborhood: Coral Gables Section
State: Florida
Postal Code: 33134
Country: United States
Business facts
Estimated annual revenue~$536.4K
Estimated employees~5
Estimated wage bill~$160.6K
In business since2023 (est.)
Estimate based on strong signals
Area statistics (33134)
Population37,958
Median household income$82,925
Source: US Census ACS
About
Let's prototype is located in Coral Gables, Florida. This business is working in the following industry: Research and Product Development.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning below its category median in a growing category (Research and Product Development).
EstimateCategory trend: 2024, +6.8%
Revenue trend (modeled)
~$276.3K2019
~$289.1K2020
~$330.7K2021
~$389.1K2022
~$459.4K2023
~$536.4K2024
Modeled from official industry statistics+14.2%/yr since 201980% confidence band: ±42%
Property
Lot size3.02 acres
CountyMiami_dade
On this lotshared with 167 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Research and Product Development in Florida | 348 | ~$591.6M | ~$1.7M | ~$675.4K | 5.0★ | 0.8× |
Category revenue trend2024: +6.8%2023: +7.1%2022: +8.0%2021: +10.9%Modeled from business-level estimates
Chain pressure19 chains expanding in this category, led by Curative, Care Access, UF Florida Center for Innovative Communities (+160 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 3,739 | ~$5.2B | ~$1.4M | ~$547.0K | 16,353 | ~$1.6B | 1.0× |
| Professional, scientific and technical activities | 792 | ~$1.2B | ~$1.5M | — | 3,152 | — | — |
| Manufacturing | 17 | ~$381.4K | ~$22.4K | — | 81 | — | — |
1 km area (all businesses): median from the 3,088 of 3,739 businesses with estimates
Estimate
Area conditions (33134)
Population37,958 ±1,690
Median household income$82,925 ±$5,139
Median home value$637,300
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS