Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    132 Bird Rd Tamiami, FL 33175
    Property profile & analytics

    132 Bird Rd, Tamiami, FL 33175

    View on Map
    • Specialty properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 132 Bird Rd

    Year built
    1980
    Property type
    Specialty properties
    Property subtype
    Schools

    Description

    This exceptional 1.4-acre property, located at 132 Ave SW Bird Rd in Miami, Florida (33175), presents a unique investment opportunity. The single-story, 1980-built building currently operates as a licensed daycare and school with capacity for up to 130 students. Its prime location on busy Bird Road ensures high visibility, with over 80,000 cars passing daily, placing it adjacent to neighborhood shopping centers. The property boasts a recently replaced roof (installed within the last year) and impact-resistant windows, enhancing its value and reducing maintenance needs. A perimeter fence fully encloses the 1.4-acre lot, providing security and privacy. The property's zoning and existing infrastructure make it ideally suited for a variety of uses, including a church or a busy medical clinic, subject to obtaining the necessary licenses. A virtual open house is available online (link provided in photo section). The asking price for this turnkey operation is $5,200,000. This is a rare opportunity to acquire a well-maintained, high-traffic commercial property in a thriving Miami neighborhood. The property's versatility and strong location make it an attractive investment for both experienced and new investors seeking a stable and potentially high-return asset.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tamiami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.4076
    Latitude
    25.7295

    Comparable in this City

    • Value Estimation by Request
      2,773 SF

      4707 127th Ave

      COLLEGE, UNIVERSITY, VOC SCHOOL
      4707 127th Ave, Miami, FL 33175-4603
      View Details
    • Value Estimation by Request
      5,282 SF

      12101 34th St

      COLLEGE, UNIVERSITY, VOC SCHOOL
      12101 34th St, Miami, FL 33175-3100
      View Details
    • Value Estimation by Request
      10,919 SF

      13910 56th St

      COLLEGE, UNIVERSITY, VOC SCHOOL
      13910 56th St, Miami, FL 33175-6000
      View Details
    • Value Estimation
      $4,295,000
      10,222 SF

      2636 144th Ave

      COLLEGE, UNIVERSITY, VOC SCHOOL
      2636 144th Ave, Miami, FL 33175-7462
      View Details
    • Value Estimation by Request
      10,628 SF

      11895 56th St

      COLLEGE, UNIVERSITY, VOC SCHOOL
      11895 56th St, Miami, FL 33175-5617
      View Details
    • Value Estimation by Request
      1,222 SF

      12730 18th St

      COLLEGE, UNIVERSITY, VOC SCHOOL
      12730 18th St, Miami, FL 33175-1247
      View Details

    Similar Nearby for Sale

    • $259,000

      Established Floral Boutique Business

      Successful floral boutique with loyal customer base since 1997.
      Miami SW 137Th Ave, Miami, FL 33175
      View Details
    • $100,000

      Turnkey Flower Shop Opportunity

      Fully equipped flower shop in high-traffic Miami location for sale.
      Miami, FL 33175
      View Details
    • Contact for pricing

      Established Auto Repair Business For Sale

      Profitable auto repair business with solid customer base and inventory.
      2600 SW 137Th Ave, Miami, FL 33175
      View Details
    • $379,000

      Turnkey Venezuelan Restaurant, Kendall

      Profitable Restaurant, Prime Kendall Location
      Kendall, FL 33175
      View Details
    • $75,000

      Turn-Key Bakery on Bird Road

      Fully equipped bakery for sale in high-traffic Miami location.
      Bakery & Cafe For Sale On Bird Rd, Kendall, FL 33175
      View Details
    • $3,510,000

      Miami Land For Sale

      Land available in Miami-Dade County.
      12085-12095 SW 47Th St, Miami, FL 33175
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Medical/Professional Office Space Available

      1,780 SF medical/professional office space for lease.
      13155 SW 42Nd St, Miami, FL 33175
      View Details
    • Contact for pricing

      Neighborhood Power Center Retail Space

      213,000 SF neighborhood center with strong national and local tenants.
      13710 SW 56Th St, Miami, FL 33175
      View Details
    • Contact for pricing
      1,290 SF

      Retail Space in Publix Center

      Retail space available in a high-volume Publix-anchored shopping center.
      14610-14660 SW 26Th St, Miami, FL 33175
      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.
    132 Bird Rd
    Tamiami, FL 33175
    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
    132 Bird Rd, Tamiami, FL, 33175
    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!