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    350 NW 79Th St Miami, FL 33138

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    For Sale
    $1,550,000

    Convenience store near I-95 with high-density development potential.

    Property size:
    2,191 SF
    Lot size:
    0.31 Acres

    Property Features for 350 NW 79Th St

    General Information

    Size
    2,191 SF
    Lot size
    0.31 Acres

    Source: Beacon Hill Property Group Agent Matthew Martinez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income Producing Convenience Store

    This income-producing convenience store is situated on 13,000 net square feet of commercial land. The property benefits from a location with 27,500 Average Daily Trips and is less than 1/3 of a mile from I-95. The existing 2,191 sq ft building houses a convenience store with a kitchen and features a ceiling height of 12.5 feet. The property is located within an Opportunity Zone. The zoning designation T6-8-0 allows for development of up to 8 stories and 150 residential units/acre, or 45 total units by right. The maximum buildable area totals 65,000 sq ft. The site can accommodate 2,000 sq. ft. of retail space on the ground floor, as well as the 62 required parking spaces within a 2-level parking structure.
    Insight Report Location Intelligence

    Current Use by Public Records

    MG Luxury car ... Car Wash ATM Atm Quick Stop Convenience Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    G & E Baby Food Palace, Bubba's Mkt Super Market, President super market, Sam's Food Market, Food Mart

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.189275
    Latitude
    25.847416

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    FAQs

    What type of property is this?
    Grocery and convenience store - Convenience store near I-95 with high-density development potential.
    Where is this grocery and convenience store located?
    The property is located at 350 NW 79Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - High-density development rights allowing up to 8 stories and 150 residential units/acre (45 total units by right).; - Income-producing convenience store already in operation.; - Strategic location with 27,500 Average Daily Trips and proximity to I-95.
    (305) 798-2223
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    350 NW 79Th St Miami, FL 33138
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    Miami, FL 33138
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    350 NW 79Th St Miami, FL 33138
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