Retail Site with Small
For Sale
Contact for pricing
9751 NW 27th Ave, Miami, FL 33147
MC-zoned site with an 886 SF structure and 6,360 SF land along NW 27th Avenue commercial corridor.
Property Size886 SF
Price / SF$479.68
Days on Market52
Property Features for 9751 NW 27th Ave
General Information
Standard status
Active
Size
886 SF
Property subtype
INDUSTRIAL
Listing Agency:
Fausto Commercial Realty
(305) 961-1179
Listed By:
Yuniel De Varona · License #3504505
(786) 222-1373
Source:
Moodyscre
Added: Jul 16
Changed: Aug 14
Last Checked: Sep 4 at 3:05PM
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 Fausto Commercial Realty
Investment Insights
Based on property information with market context.
Located at 9751 NW 27th Ave, Miami, this commercial site combines a small structure with substantial outdoor area. The property includes an 886 SF structure and 6,360 SF of land, supporting operations that benefit from both indoor workspace and outdoor operational space.
Positioned along the busy NW 27th Avenue commercial corridor, the site offers visibility and convenient access for retail and service-oriented business concepts. It is located within the Mixed-Use Corridor (MC) zoning district.
For sale as a land-and-structure offering, the site’s configuration supports a compact building footprint paired with outdoor area suitable for day-to-day business needs under the MC zoning designation.
Positioned along the busy NW 27th Avenue commercial corridor, the site offers visibility and convenient access for retail and service-oriented business concepts. It is located within the Mixed-Use Corridor (MC) zoning district.
For sale as a land-and-structure offering, the site’s configuration supports a compact building footprint paired with outdoor area suitable for day-to-day business needs under the MC zoning designation.
Key Highlights
- MC‑zoned site with 6,360 SF of land and an 886 SF structure
- Located along NW 27th Avenue on a commercial corridor
- Mixed‑use corridor (MC) zoning supports multiple commercial uses
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,906
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$578,120
$578.1K
Cap Rate 7%
$412,943
$412.9K
Cap Rate 9%
$321,178
$321.2K
Market Conditions
NOI Build-Up for 886 SF
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.
Gross rent
$46.0K $51.96/SF
− Vacancy
−$4.7K −$5.35/SF
EGI
$41.3K $46.61/SF
− OpEx
−$12.4K −$13.98/SF
NOI
$28.9K $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$578,120
Cap Rate 7%
$412,943
Cap Rate 9%
$321,178
Alternative Uses
Best Use
Retail
$412.9K
$361.3K – $481.8K
NOI $28,906 @ 7.0% cap · market cap 6.80%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$598.1K
$523.3K – $697.7K
NOI $41,864 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - MC-zoned site with an 886 SF structure and 6,360 SF land along NW 27th Avenue commercial corridor.
Where is this storefront property located?
The property is located at 9751 NW 27th Ave Miami, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: MC‑zoned site with 6,360 SF of land and an 886 SF structure; Located along NW 27th Avenue on a commercial corridor; Mixed‑use corridor (MC) zoning supports multiple commercial uses
