4770 7Th Ave Miami, FL 33127
- Outlet malls
- 2,374 SF
- 0.08 lot acres
Current Use by Public Records
- Outlet malls
Property Details for 4770 7Th Ave
- Year built
- 1946
- Construction
- CONCRETE
- Lot size
- 0.08 lot acres
- Property size
- 2,374 SF
- Zone code
- 6101
- Property type
- Outlet malls
- APN
- 01-3124-001-2100
- APU
- 131240012100
Description
This exceptional 4,500 square foot retail space is ideally situated on the bustling NW 7th Avenue (US-441), offering unparalleled visibility and exposure. The single-tenant building boasts a prominent corner location, ensuring maximum foot traffic and brand recognition. Recently and completely renovated, the property features a brand-new storefront, updated electrical and plumbing systems, providing a modern and efficient environment for any business. Internal improvements include a dedicated storage area and a compliant handicap-accessible bathroom, enhancing both functionality and accessibility. The zoning is specifically designated for retail use, simplifying the permitting process for prospective tenants. This turnkey retail space presents a rare opportunity to establish or expand a business in a high-traffic, highly visible location. The property's excellent condition and convenient amenities make it an attractive proposition for a wide range of retail ventures. Its strategic location on a major thoroughfare guarantees significant exposure to potential customers, making it an ideal investment for businesses seeking to maximize their market reach. The single-tenant occupancy simplifies management and allows for complete control over the space. This is a truly exceptional opportunity for a discerning business owner.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $990,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $925,000
- 6.5%
- $930,000
- 7%
- $800,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $745,000
- Geo Method
- $960,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $760,000
- Retail
- $820,000
- Mixed-Use
- $845,000
- Hospitality
- $790,000
- Educational
- $765,000
- Residential Income
- $930,000
- Energy
- $805,000
- Income-Based Land
- $910,000
- Food Service
- $780,000
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2082
- Latitude
- 25.8193
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
