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Retail Building

2001 Northwest 20th Street, Miami, FL 33142

For Sale
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The property includes a 4,368-square-foot retail building on a 6,911-square-foot lot.

Property Size4,368 SF
Lot Size0.16 Acres
Price / SF$457.88
Days on Market34

Property Features for 2001 Northwest 20th Street

General Information

Standard status Active
Size 4,368 SF
Lot size 0.16 Acres
Property subtype Retail

Site & Location

Neighborhood Allapattah Industrial District

Building Details

Buildings 1
Listing Agency: Fausto Commercial Realty Consultants
Listed By: Rey Moya · License FL SL3526550
Source: Crexi
Added: Oct 8 Changed: Nov 8 Last Checked: Nov 10 at 6:04AM

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 Fausto Commercial Realty Consultants

Rey
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Investment Insights

Based on property information with market context.

This retail property comprises a 4,368-square-foot building situated on a 6,911-square-foot lot. Its classification as retail space supports a straightforward retail property description.

Key Highlights

  • 4,368 SF retail building
  • 6,911 SF lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$142,509
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,850,180 $2.9M
Cap Rate 7%
$2,035,843 $2.0M
Cap Rate 9%
$1,583,433 $1.6M
Market Conditions
NOI Build-Up for 4,368 SF
Gross rent
$227.0K $51.96/SF
− Vacancy
−$23.4K −$5.35/SF
EGI
$203.6K $46.61/SF
− OpEx
−$61.1K −$13.98/SF
NOI
$142.5K $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 Rate 5%
$2,850,180
Cap Rate 7%
$2,035,843
Cap Rate 9%
$1,583,433

Alternative Uses

Best Use
Retail
$2.04M
$1.78M – $2.38M (±1% cap)
NOI $142,509 @ 7.0% cap · market cap 7.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.95M
$2.58M – $3.44M (±1% cap)
NOI $206,390 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service Restaurant (Bike/Boat/Book/etc) Store Carpet & Flooring Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,113
Businesses Nearby

Demographics for 33142, FL

55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Retail space in Miami, FL

$491 Jul
$546 Aug
$445 Sep
$413 Oct

Properties on Market for Retail space in Miami

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The property includes a 4,368-square-foot retail building on a 6,911-square-foot lot.
Where is this retail space located?
The property is located at 2001 Northwest 20th Street Miami, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 4,368 SF retail building; 6,911 SF lot
(786) 970-0851 · Office Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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