UC-MC Zoned Development
1067 NW 79th St Miami, FL 33150
New
1067 NW 79th St, Miami, FL, 33150
$700,000
For Sale
$700,000
UC-MC zoned commercial land offering redevelopment flexibility for a range of automotive, retail, restaurant, and parking uses.
Property Size1,956 SF
Lot Size0.18 Acres
Price / SF$357.87
Days on Market2
Property Features for 1067 NW 79th St
General Information
- Standard status
- Active
- Size
- 1,956 SF
- Lot size
- 0.18 Acres
Building Details
- Year Built
- 1937
Listing agency
Trustpoint Realty, LLC.
(305) 200-0348
Listed by
Darious White · License #A11964365
Source
Mymiahomes
Added: Jul 20 Updated: Jul 21 at 4:31AM Checked: Jul 21 at 4:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trustpoint Realty, LLC.
Investment Insights
Based on property information with market context.
This for-sale commercial land site at 1067 NW 79th St in Miami is positioned for redevelopment under UC-MC zoning. The offering is described as a prime redevelopment play and supports a wide range of commercial and mixed-use possibilities, including car dealership/auto sales, automotive services, small professional offices, mixed-use retail, restaurants, storage, and parking operations.
The property is presented as located within the NW 79th St commercial corridor, just off NW 79th Street near Interstate 95. The marketing materials emphasize strong traffic flow and visibility along NW 79th Street, along with direct highway accessibility, which can support a variety of owner-user, investor, or developer strategies requiring zoning flexibility.
The property is presented as located within the NW 79th St commercial corridor, just off NW 79th Street near Interstate 95. The marketing materials emphasize strong traffic flow and visibility along NW 79th Street, along with direct highway accessibility, which can support a variety of owner-user, investor, or developer strategies requiring zoning flexibility.
Key Highlights
- 7,939 SF lot in Miami with UC‑MC zoning for a wide range of commercial and mixed‑use uses
- Permitted use flexibility includes car dealership/auto sales, automotive services, and storage and parking operations
- UC‑MC zoning also supports small professional offices, mixed‑use retail, and restaurants
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.6k | $51.96 |
| − Vacancy | −$10.5k | −$5.35 |
| EGI | $91.2k | $46.61 |
| − OpEx | −$27.3k | −$13.98 |
| NOI | $63.8k | $32.63 |
1,956 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$911.7K
$797.7K – $1.06M
NOI $63,816 @ 7.0% cap · market cap 9.12%
Second Best
Industrial
$375.4K
$328.5K – $438.0K
NOI $26,278 @ 7.0% cap · market cap 3.75%
Theoretical Best
Specialty Retail
$1.32M
$1.16M – $1.54M
NOI $92,422 @ 7.0% cap · market cap 13.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - UC-MC zoned commercial land offering redevelopment flexibility for a range of automotive, retail, restaurant, and parking uses.
Where is this commercial land located?
The property is located at 1067 NW 79th St Miami, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 7,939 SF lot in Miami with UC‑MC zoning for a wide range of commercial and mixed‑use uses; Permitted use flexibility includes car dealership/auto sales, automotive services, and storage and parking operations; UC‑MC zoning also supports small professional offices, mixed‑use retail, and restaurants
