Add Listing
    For Lease
    • 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

    NW 97th Ave & NW 170th St Hialeah Gardens, FL 33018

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

    Commercial land available for ground lease or build to suit.

    Type:Land
    Added:
    Nov 25, 2025
    Days on Market:
    127
    Last Refresh:
    Mar 29 at 8:23 pm

    Property Features for NW 97th Ave & NW 170th St

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Daniel Lynch
    Daniel Lynch

    Listing agent Daniel Lynch

    Listing office Atlantic Retail | West Palm Beach

    Listing date Nov 25, 2025

    Source Atlanticretail

    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 Atlantic Retail | West Palm Beach

    Overview

    9 Acres Commercial Land Available

    Located at the southeast quadrant of Northwest 170th Street and Northwest 97th Avenue, this parcel of land offers approximately 9 acres. It is available for ground lease or build-to-suit opportunities. The Northwest 170th Street and I-75 fly-over is scheduled to open for public traffic in Spring 2018. The location is just south of the proposed 4.2 million square foot American Dream Miami development. Over 4,000 proposed residential units are planned within a 2-mile radius.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Hialeah Gardens
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3554
    Latitude
    25.8928

    Nearby Similar for Lease

    • Contact for pricing

      Hialeah Gardens Warehouse and Office

      Warehouse and office space for lease in Hialeah Gardens.
      9325 W Okeechobee Rd, Hialeah Gardens, FL 33016
      View Details
    • Contact for pricing

      Hialeah Gardens Versatile Retail/Office Space

      First-floor 550 sq ft unit ideal for retail/office use.
      10550 NW 77th Ct, Hialeah Gardens, FL 33016
      View Details
    • $22/mo

      Hialeah Gardens Industrial Sublease Opportunity

      Modern industrial space in Miami's premier industrial corridor.
      14001 NW 112th Ave, Hialeah Gardens, FL 33018
      View Details
    • Contact for pricing

      Warehouse with Office in Hialeah

      Warehouse with office space available for lease in Hialeah Gardens.
      10770 NW 138th St, Hialeah Gardens, FL 33018
      View Details
    • Contact for pricing

      Hialeah Gardens Industrial Space

      Single tenant industrial space available for rent in Hialeah Gardens.
      10701 NW 140th Street, Hialeah Gardens, FL 33018
      View Details
    • Contact for pricing

      Retail Land for Lease

      9-acre retail land available for single tenant lease.
      NW 97th Ave & NW 170th St, Hialeah Gardens, FL 33018
      View Details
    • Contact for pricing

      Hialeah Gardens Commercial Land Available

      Commercial land for rent in a well-traveled Hialeah Gardens area.
      10721 NW 138th St, Hialeah Gardens, FL
      View Details
    • $22/mo

      Hialeah Gardens Warehouse For Lease

      1,347 sq ft warehouse in gated industrial park.
      8726 NW 119th St # 10, Hialeah Gardens, FL 33018
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land available for ground lease or build to suit.
    Where is this commercial land located?
    The property is located at NW 97th Ave & NW 170th St Hialeah Gardens, FL.
    What are key features of this property?
    This property features: Prime location: SEQ of 170th St and NW 97th Ave.; Parcel size - 9± Acres.; Proximity to proposed 4.2 million SF American Dream Miami.
    (561) 424-3011
    We can help!
    Listing Contact
    Daniel Lynch
    Daniel Lynch
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!