Gas Station with Convenience
For Sale
$2,400,000
Gas Station, Miami, FL 32009
Business Opportunity, Miami, FL
Property Size6,000 SF
Price / SF$400
Days on Market203
Property Features for Gas Station
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
GAS STATION
Parking
1
Parking features
Assigned
Directions
PROOF OF FUNDS AND NDA REQUIRED FOR ADDRESS RELEASE
Subdivision
2310
Standard status
Active
Size
6,000 SF
Building Details
Year built
1980
Listing Agency:
United Realty Group Inc
(954) 450-2000
Listed By:
Giovanni Tanzi · License #3591541
(917) 658-7203
Added: Feb 10
Changed: Aug 19
Last Checked: Sep 1 at 11:06PM
MLS# F10551429
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This gas station property combines fuel service with convenience retail operations in a 6,000-square-foot facility. The station operates around the clock and is designated for gas station use under its zoning. Built in 1980, the property includes assigned parking and is positioned in Miami, within Miami-Dade County, Florida.
The business serves fuel and convenience-item customers with continuous operating hours. The offering is structured for an owner-operator, and proof of funds is required for serious inquiries.
The business serves fuel and convenience-item customers with continuous operating hours. The offering is structured for an owner-operator, and proof of funds is required for serious inquiries.
Key Highlights
- 6,000‑square‑foot gas station property
- Open around the clock for continuous fuel and convenience service
- Zoning designation: GAS STATION
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$195,754
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,915,080
$3.9M
Cap Rate 7%
$2,796,486
$2.8M
Cap Rate 9%
$2,175,044
$2.2M
Market Conditions
NOI Build-Up for 6,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$311.8K $51.96/SF
− Vacancy
−$32.1K −$5.35/SF
EGI
$279.6K $46.61/SF
− OpEx
−$83.9K −$13.98/SF
NOI
$195.8K $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,915,080
Cap Rate 7%
$2,796,486
Cap Rate 9%
$2,175,044
Alternative Uses
Best Use
Specialty Retail
$4.05M
$3.54M – $4.73M
NOI $283,503 @ 7.0% cap · market cap 11.81%
Second Best
Retail
$2.80M
$2.45M – $3.26M
NOI $195,754 @ 7.0% cap · market cap 8.16%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,504
Businesses Nearby
Explore this area
Business Placement
Demographics for 32009, FL
3,213
Population
1,442
Households
2.2
Avg Household Size
45
Median Age
15%
College-Educated
91%
High-School Grad
87.3 sq mi
ZIP Area
37
Density / Sq Mi
$77,826
Median Household Income
$45,964
Median Earnings
$832
Median Rent
$239,500
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Gas station - Operating fuel station with convenience offerings and around-the-clock service.
Where is this gas station located?
The property is located at Gas Station Miami, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 6,000‑square‑foot gas station property; Open around the clock for continuous fuel and convenience service; Zoning designation: GAS STATION
