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1620 148th St Miami, FL 33181-1021

OFF-MARKET Outlet malls Google Maps
15,604 SF 0.83 ac lot Built 1973
Entity Owned 12-yr Hold Free & Clear
Estimated value (blended)
$1.29M
Range $1.16M – $1.42M (±10%)
Property ID US18-5535952

Property summary

AI-generated overview

This exceptional 930 square foot retail space is ideally situated at 1620 NE 148th Street, offering a fantastic opportunity for a single-tenant business. The property boasts a convenient single-story design, eliminating the need for stairs or elevators, and ensuring easy accessibility for customers and staff. With a generous 43 parking spaces available, ample parking is guaranteed for both patrons and employees. The zoning designation is 61/COMME, making it suitable for a variety of commercial uses. The property's address is 1620 NE 148th St #1638, and its Assessor's Parcel Number (APN) is 30-22-20-002-3920. This single-suite building presents a unique opportunity for a business seeking a well-located, easily accessible retail space with ample parking. The property's prominent location ensures high visibility and potential for strong foot traffic. The straightforward single-tenant setup simplifies operations and management, making it an attractive option for businesses of all sizes. This is a rare opportunity to secure a prime retail location with excellent parking and convenient access. The property's single-story design and ample parking make it an attractive option for businesses seeking a convenient and accessible location for their customers and employees. The zoning designation allows for a variety of commercial uses, providing flexibility for potential tenants. Don't miss this chance to establish your business in a thriving commercial area.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1973
Construction CONCRETE
Total area 15,604 SF
Lot 0.83 ac (36,168 SF)
Zoning code 6100:COMMERCIAL,NEIGHBRHD
APN 30-2220-002-3920
UPID US18-5535952

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Church
  • Counselor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.29M

Owner & transaction history

since 2014
1 recorded transaction
2014
$835,000

Zoning & alternative use

6100:COMMERCIAL,NEIGHBRHD · Miami, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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