Freestanding Building on Bird
7254 Bird Rd Miami, FL 33155
For Sale
Contact for pricing
2,190 SF retail building with high visibility and traffic.
Property Size2,190 SF
Lot Size0.12 Acres
Price / SF$1,095
Days on Market790
Property Features for 7254 Bird Rd
General Information
- Standard status
- Active
- Size
- 2,190 SF
- Lot size
- 0.12 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1974
Listing Agency:
Lee & Associates - Miami
(305) 987-9733
Listed By:
Aida Nolan-Rodriguez · License #FL 627870
Source:
Crexi
Added: May 29, 2024
Changed: Jul 6
Last Checked: Jul 26 at 11:14AM
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 Lee & Associates - Miami
Investment Insights
Based on property information with market context.
This 2,190 SF freestanding building is situated on a 0.12-acre lot in West Miami. The property is zoned BU-1A, offering flexibility for various commercial uses. It features a pylon sign, 54 feet of frontage on 40th Street (Bird Road), and six dedicated parking spaces. The location benefits from a Walk Score of 81 and proximity to major retailers such as Target, Best Buy, and Publix. Transportation routes are easily accessible, including a 3-minute drive to the Palmetto Expressway (SR/826), a 5-minute drive to the Don Shula Expressway (SR/874), and 3.8 miles to US-1. The property experiences a high daily traffic count of 64,500 AADT.
Key Highlights
- High daily traffic count of 64,500 AADT ensures maximum visibility.
- Prime retail location with 54 feet of frontage on 40th Street (Bird Road).
- Excellent accessibility to major expressways: Palmetto (SR/826), Don Shula (SR/874), and US‑1.
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 | $113.8k | $51.96 |
| − Vacancy | −$11.7k | −$5.35 |
| EGI | $102.1k | $46.61 |
| − OpEx | −$30.6k | −$13.98 |
| NOI | $71.5k | $32.63 |
2,190 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.02M
$893.1K – $1.19M
NOI $71,450 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.48M
$1.29M – $1.72M
NOI $103,478 @ 7.0% cap · market cap 4.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Heaven Cycle
Motorcycle Shop
Similar Off Market Nearby
- House of Design Events — 7028 SW 46th St, Miami, FL 33155
- Vivian Colls Events — 7174 SW 47th St, Miami, FL 33155
- Fleur Details — 4608 SW 75th Ave, Miami, FL 33155
- Coral Flower Boutique — 4728 SW 72nd Ave, Miami, FL 33155
- C S Orchids Inc — 4936 SW 75th Ave, Miami, FL 33155
FAQs
What type of property is this?
Storefront property - 2,190 SF retail building with high visibility and traffic.
Where is this storefront property located?
The property is located at 7254 Bird Rd Miami, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: High daily traffic count of 64,500 AADT ensures maximum visibility.; Prime retail location with 54 feet of frontage on 40th Street (Bird Road).; Excellent accessibility to major expressways: Palmetto (SR/826), Don Shula (SR/874), and US‑1.
