Freestanding Convenience Store
New
For Sale
$885,000
1605 NW 95th St, Miami, FL 33147
Freestanding convenience store building passed 40-Year Recertification and built in 1963, positioned for high daily access.
Property Size2,306 SF
Price / SF$383.78
Days on Market4
Property Features for 1605 NW 95th St
General Information
Standard status
Active
Size
2,306 SF
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Building Size
2,306 SF
Year Built
1963
Buildings
1
Listing Agency:
BHHS EWM Realty
(305) 298-6646
Listed By:
Dora Fisher · License #3448146
Source:
Casacollectiongroup
Added: Jul 28
Changed: Jul 31
Last Checked: Jul 31 at 11:31AM
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 BHHS EWM Realty
Investment Insights
Based on property information with market context.
Freestanding convenience store building located at 1605 NW 95th St in Miami, FL 33147. The building was constructed in 1963 and has passed the 40-Year Recertification. The site totals 2,306 SF, supporting a retail or convenience-focused operation.
The property is positioned directly across from a busy gas station and 7-Eleven, with emphasis on strong visibility to both foot and vehicle traffic. It is also just steps from Miami Central Senior High School, which can contribute to steady daytime activity. Access to I-95 is noted as available for convenient reach throughout Miami-Dade County.
This offering is presented as a franchise opportunity with suitability for a convenience store, retail concept, or related use where consistent access and presence matter.
The property is positioned directly across from a busy gas station and 7-Eleven, with emphasis on strong visibility to both foot and vehicle traffic. It is also just steps from Miami Central Senior High School, which can contribute to steady daytime activity. Access to I-95 is noted as available for convenient reach throughout Miami-Dade County.
This offering is presented as a franchise opportunity with suitability for a convenience store, retail concept, or related use where consistent access and presence matter.
Key Highlights
- 2,306 SF freestanding convenience store building
- Built in 1963
- Passed the 40‑Year Recertification
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 | $119.8k | $51.96 |
| − Vacancy | −$12.3k | −$5.35 |
| EGI | $107.5k | $46.61 |
| − OpEx | −$32.2k | −$13.98 |
| NOI | $75.2k | $32.63 |
2,306 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.56M
$1.36M – $1.82M
NOI $108,960 @ 7.0% cap · market cap 12.31%
Second Best
Retail
$1.07M
$940.4K – $1.25M
NOI $75,235 @ 7.0% cap · market cap 8.50%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33147, FL
48,823
Population
16,220
Households
3
Avg Household Size
39
Median Age
15%
College-Educated
77%
High-School Grad
7.2 sq mi
ZIP Area
6,781
Density / Sq Mi
$47,728
Median Household Income
$33,385
Median Earnings
$1,359
Median Rent
$301,300
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?
Grocery and convenience store - Freestanding convenience store building passed 40-Year Recertification and built in 1963, positioned for high daily access.
Where is this grocery and convenience store located?
The property is located at 1605 NW 95th St Miami, FL.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: 2,306 SF freestanding convenience store building; Built in 1963; Passed the 40‑Year Recertification
