Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1430 131St Rd North Miami, FL 33161

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Established Automotive Business, High Potential

    Property size:
    2,000 SF

    Property Features for 1430 131St Rd

    General Information

    Property type
    Distribution centers
    Square Feet
    2,000 SF

    Building Details

    Year Built
    1948

    We can help!

    Listing Contact
    Charles Bassford
    Charles Bassford

    Listing Agency: Bassford Realty Listing Agent: Charles Bassford

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

    Learn more

    Property Insight Report

    Overview

    This exceptional North Miami industrial property, located at 1430 NE 131st Street, presents a unique investment opportunity. The 2,000 square foot warehouse, built in 1948, is currently operating as a thriving automotive repair facility. Established in 1997, the business boasts a substantial and loyal corporate client base alongside a strong local following, ensuring a consistent revenue stream. The sale includes approximately $135,000 worth of equipment and inventory, providing immediate operational capabilities for a buyer. The property's zoning designation is light/heavy industrial, offering flexibility for continued operation as an automotive repair shop or the potential for repurposing to suit a variety of industrial uses. The property consists of two adjacent parcels, providing additional development potential or operational space. Situated in Miami-Dade County, Florida, with the zip code 33161, this property offers a compelling blend of established business and future development possibilities. The asking price is $3,295,000. This is a rare opportunity to acquire a turnkey business with significant upside potential in a prime North Miami location. The lot size is not specified.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    North Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1699595
    Latitude
    25.89607

    Nearby Similar for Sale

    • $803,000
      2,450 SF

      North Miami Office For Sale

      2,450 SF commercial office space on Biscayne Boulevard.
      12550 Biscayne Blvd, North Miami, FL 33181
      View Details
    • $750,000
      2,121 SF

      North Miami Corner Office Condo

      Remodeled corner office condo in North Miami. Great for owner-user.
      12550 Biscayne Blvd, North Miami, FL 33181
      View Details
    • $2,000,000
      7,742 SF

      North Miami Retail Investment Opportunity

      Fully leased retail center with value-add potential in North Miami.
      12985 W Dixie Hwy, North Miami, FL 33161
      View Details
    • $2,200,000
      9,370 SF

      North Miami Office Building For Sale

      Six-unit office property on Biscayne Boulevard, versatile for multiple uses.
      12550 Biscayne Blvd, North Miami, FL 33181
      View Details
    • $2,200,000
      9,370 SF

      Biscayne Boulevard Office Opportunity

      Six office units available on Biscayne Boulevard in North Miami.
      12550 Biscayne Blvd, North Miami, FL 33181
      View Details
    • $1,990,000
      5,357 SF

      North Miami Retail Investment Opportunity

      Spacious 5,357 SF building in North Miami, Florida.
      13242 NW 7Th Ave, North Miami, FL 33168
      View Details
    • New
      Contact for pricing

      North Miami Beauty Salon Opportunity

      Fully equipped beauty salon in high-traffic North Miami location.
      806 NE 125Th St, North Miami, FL 33161
      View Details
    • New
      $250,000

      Remodeled Pizzeria with Growth Potential

      Fully remodeled Italian pizzeria with high-end equipment and indoor/outdoor seating.
      13452 Biscayne Blvd, North Miami, FL 33181
      View Details
    • $99,000

      North Miami Restaurant Opportunity

      Restaurant for sale near North Bayshore Park and Bal Harbour.
      Area North Miami Beach Blvd, North Miami, FL 33181
      View Details
    • $7,900,000
      11,000 SF

      North Miami Industrial Warehouse For Sale

      11,000 SF warehouse with direct I-95 exposure in North Miami.
      660 NW 137Th St, North Miami, FL 33168
      View Details
    • $599,000
      1,850 SF

      Turnkey Restaurant Opportunity, North Miami

      Established restaurant with fully equipped kitchen in prime North Miami.
      Biscayne Blvd, North Miami, FL 33181
      View Details
    • $150,000
      2,000 SF

      Turnkey Restaurant Business Opportunity

      Established restaurant for sale in North Miami, ready for operation.
      Restaurant For Sale Prime Business Opportunity Next To Bayshore Park, North Miami, FL 33181
      View Details

    FAQs

    What type of property is this?
    Distribution center - Established Automotive Business, High Potential
    Where is this distribution center located?
    The property is located at 1430 131St Rd North Miami, FL.
    What is the asking price?
    The asking price for this property is $3,295,000.
    What are key features of this property?
    This property features: $3,295,000 asking price.; 2,000 square foot warehouse.; Located at 1430 NE 131st Street, North Miami, FL 33161.
    (954) 274-1572 Call to check price and availability
    Request Owner's contact information
    1430 131St Rd North Miami, FL 33161
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1430 131St Rd
    North Miami, FL 33161
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1430 131St Rd North Miami, FL 33161
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Charles Bassford
    Charles Bassford
    (954) 274-1572
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!