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    3701 Nw 79th St, Miami, FL 33147

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    Claim this Listing
    For Sale
    $4,000,000

    Commercial land

    Property size:
    10,000 SF
    Lot size:
    9,000.00 Acres
    Price / SF:
    $400/SF
    Added:
    Jun 9, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 17 at 3:09 am

    Property Features for 3701 Nw 79th St

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Lot size
    9,000.00 Acres

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    Listing Contact
    Jose A Garrido
    Jose A Garrido

    Listing agent Jose A Garrido License #0577287

    Listing office One Stop Realty

    Listing date Jun 9, 2026

    Source Exprealty

    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 One Stop Realty

    HighLights

    • Development opportunity site in the growing area of East Hialeah
    • Existing building totaling 10,000 SF on a 9,000 SF site, with possibility of high‑density zoning redevelopment
    • Transit‑oriented development (TOD) projections and transit stations within walking distance
    • Proximity to major highways, transportation hubs, and Miami International Airport
    • Abutting and immediate areas include major redevelopment projects now in the pipeline

    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 $519.6k $51.96
    − Vacancy −$53.5k −$5.35
    EGI $466.1k $46.61
    − OpEx −$139.8k −$13.98
    NOI $326.3k $32.63
    10,000 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $4.66M
    $4.08M – $5.44M (±1% cap)
    NOI $326,257 @ 7.0% cap · market cap 8.16%
    Second Best
    Mixed Use
    $3.37M
    $2.95M – $3.94M (±1% cap)
    NOI $236,250 @ 7.0% cap · market cap 5.91%
    Theoretical Best
    Specialty Retail
    $6.75M
    $5.91M – $7.88M (±1% cap)
    NOI $472,505 @ 7.0% cap · market cap 11.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    La Criollita Cafeteria Restaurant Professional Auto Glass Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.257893
    Latitude
    25.845786

    FAQs

    Where is this commercial land located?
    The property is located at 3701 Nw 79th St Miami, FL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: Development opportunity site in the growing area of East Hialeah; Existing building totaling 10,000 SF on a 9,000 SF site, with possibility of high‑density zoning redevelopment; Transit‑oriented development (TOD) projections and transit stations within walking distance
    More about this property
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