Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Very Profitable Gas Statio Gas Sta Miami, FL 00000
    Property profile & analytics

    Very Profitable Gas Statio Gas Sta, Miami, FL 00000

    View on Map
    • Office Spaces
    • 5,473 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for Very Profitable Gas Statio Gas Sta

    Year built
    1967
    Property type
    Office Spaces

    Description

    This exceptional Class A office property, totaling 5,473 square feet, presents a lucrative investment opportunity. Located in Miami, Florida, just minutes from Miami International Airport, this single-tenant property boasts a 100% occupancy rate across its 11 units. Built in 1967, the property includes a gas station, convenience store, cafeteria serving Latin cuisine, and a busy hand carwash. The convenience store features a large cooler and office space. Currently, the carwash and cafeteria are rented on a month-to-month basis, offering the new owner the potential to significantly increase net operating income (NOI) by operating these businesses themselves or continuing the current lease arrangements. The current NOI, with the carwash and cafeteria rented, is $367,000 annually. However, projections indicate that self-operation could easily push the NOI beyond $500,000 per year. A significant advantage is the owner's control over fuel pricing and margins, currently yielding 60-70 cents per gallon. The property benefits from a long-term lease expiring in 2038 with a renewal option, and the landlord is open to extending the lease for a qualified buyer. Recently, an electronic benefits transfer (EBT) system was installed. This property is situated in a prime redevelopment area near Miami International Airport, making it an exceptionally attractive investment. The asking price is $1,999,999, and the lease type is NNN. The lot size is not specified.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2823063
    Latitude
    25.839203

    Comparable in this City

    • Value Estimation by Request

      249 Anchorage Rd

      Office Spaces
      249 Anchorage Rd, Other Fl City, FL 00000
      View Details
    • Value Estimation by Request
      2,318 SF

      Undisclosed

      Multifamily properties
      0 Undisclosed, Miami, FL 00000
      View Details
    • Value Estimation by Request
      1,300 SF

      Firehouse Subs Franchise For Sale - Miami Fl Beautiful Buildout

      Restaurants
      0 Firehouse Subs Franchise For Sale - Miami Fl Beautiful Buildout, Hialeah, FL 00000
      View Details
    • Value Estimation by Request

      Undisclosed

      Multifamily properties
      0 Undisclosed, undisclosed, FL 00000
      View Details
    • Value Estimation by Request
      1,972 SF

      Restaurant For Sale In Miami! Bring Own Concept Near Fiu Low Rent

      Restaurants
      0 Restaurant For Sale In Miami! Bring Own Concept Near Fiu Low Rent, Confidential, FL 00000
      View Details
    • Value Estimation by Request

      Undisclosed

      Multifamily properties
      0 Undisclosed, Cape Canaveral, FL 00000
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Miami Commercial Land Opportunity

      Prime commercial land near Wynwood, Design District, and Midtown.
      459 NE 25Th St, Miami, FL 00000
      View Details
    • Contact for pricing
      45,738 SF

      Space Coast Acreage for Recreation

      Secluded 1.05-acre parcel in Canaveral Groves, ideal for recreation.
      1 Satellite Blvd, Cocoa, FL 00000
      View Details
    • Contact for pricing
      5,473 SF

      Profitable Gas Station Near Airport

      Profitable gas station business near Miami International Airport.
      Very Profitable Gas Statio Gas Sta, Miami, FL 00000
      View Details
    • $15,000,000
      36,511 SF

      Palm Beach Hotel Investment Opportunity

      Luxury Hotel, 100 Keys, Prime Location
      0 Undisclosed, Palm Beach, FL 00000
      View Details
    • $749,900
      2,318 SF

      Miami Multifamily Value-Add Opportunity

      Prime Buena Vista Duplex, High Rental Income
      0 Undisclosed, Miami, FL 00000
      View Details
    • $75,000

      Hialeah Turnkey Business Opportunity

      Two fully operational businesses in a prime Hialeah location.
      Confidential, Hialeah, FL 00000
      View Details
    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.
    Very Profitable Gas Statio Gas Sta
    Miami, FL 00000
    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

    Thank You for Inquiry
    Very Profitable Gas Statio Gas Sta, Miami, FL, 00000
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!