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Gated Mixed-Use Property
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8800 NW 27th Ave # A, Miami, FL 33147

A controlled-access site combines office space, a restroom, and open area for vehicle-related operations.

Property Size665 SF
Price / SF$22.56
Days on Market228

Property Features for 8800 NW 27th Ave # A

General Information

Standard status Active
Size 665 SF
Property subtype Mixed Use

Building Details

Building Size 665 SF
Year Built 1962
Listing Agency: Emporio Real Estate
Listed By: Ari Banegas · License #3242158
Source: Emporiore
Added: Mar 16 Changed: Oct 27 Last Checked: Oct 27 at 4:03AM

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 Emporio Real Estate

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property includes a 13,500-square-foot lot with 665 square feet of office space and a restroom. The site is gated and has an open configuration for vehicle storage, display, parking, or operations. Automotive-related activity is a prior use; any future use is subject to zoning.

Access is available from both NW 27 Avenue and NW 88 Street in Miami. The building dates to 1962.

Key Highlights

  • 13,500‑square‑foot lot
  • Access from NW 27 Avenue and NW 88 Street
  • 665 square feet of office space with a restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,934
Suggested Prices Based on Cap Rates
Cap Rate 5%
$178,680 $178.7K
Cap Rate 7%
$127,629 $127.6K
Cap Rate 9%
$99,267 $99.3K
Market Conditions
NOI Build-Up for 665 SF
Gross rent
$13.4K $20.16/SF
− Vacancy
−$644 −$0.97/SF
EGI
$12.8K $19.19/SF
− OpEx
−$3.8K −$5.76/SF
NOI
$8.9K $13.43/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$178,680
Cap Rate 7%
$127,629
Cap Rate 9%
$99,267

Alternative Uses

Best Use
Retail
$309.9K
$271.2K – $361.6K (±1% cap)
NOI $21,696 @ 7.0% cap · market cap 144.64%
Second Best
Mixed Use
$224.4K
$196.4K – $261.9K (±1% cap)
NOI $15,711 @ 7.0% cap · market cap 104.74%
Theoretical Best
Specialty Retail
$448.9K
$392.8K – $523.7K (±1% cap)
NOI $31,422 @ 7.0% cap · market cap 209.48%
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

Autoworld of America Car Dealership

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Bakery Accounting Firm

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

1,101
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Mixed-use property - A controlled-access site combines office space, a restroom, and open area for vehicle-related operations.
Where is this mixed-use property located?
The property is located at 8800 NW 27th Ave # A Miami, FL.
What are key features of this property?
This property features: 13,500‑square‑foot lot; Access from NW 27 Avenue and NW 88 Street; 665 square feet of office space with a restroom
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