Estimated value (blended)
$485k
Range $437k – $534k (±10%)
Property ID
US18-0178112
Property summary
AI-generated overview
This exceptional 3,060-square-foot storefront, located at 1044 W Flagler St in Miami, Florida (33130), presents a remarkable investment opportunity. Built in 1948, this single-story building boasts a prominent location on West Flagler Street, benefiting from excellent visibility and high foot traffic (20,500 vehicles per day). The property's T6-12-O zoning offers flexibility for a variety of retail uses. Its vacant status allows for immediate occupancy and customization to suit a new owner's vision. The asking price is $1,695,000, translating to $553.92 per square foot. The strategic location provides easy access to I-95 and proximity to Brickell, Downtown Miami, and Coral Gables, ensuring high visibility and accessibility for customers. The large signage capability further enhances the property's marketing potential. This property is ideal for owner-users, investors, or developers seeking a prime retail space in a vibrant Miami location. The building's size and location make it suitable for a wide range of retail concepts, capitalizing on the high foot traffic and excellent visibility. This is a rare opportunity to acquire a well-positioned retail property in a thriving area of Miami.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1948
Construction
CONCRETE
Total area
3,060 SF
Lot
0.17 ac (7,500 SF)
Zoning code
6110:COMM/RES-DESIGN DIST
APN
01-4102-005-2900
UPID
US18-0178112
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
(Bike/Boat/Book/etc) Store
-
Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$557k
Blend (final)
Blend
$485k
Owner & transaction history
since 2025
Last sale
$875,000
5 recorded transactions
Zoning & alternative use
6110:COMM/RES-DESIGN DIST · Miami, FL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 14 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$485k
Value range
$437k – $534k
±10% around blend
Estimated value / SF
$158 / SF
Confidence
High
14 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
$437k
blend $485k
$534k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,060 SF
Lot area
0.17 ac
Year built
1948
Stories
1
APN
01-4102-005-2900
Assessed value
$1,623,827
Annual tax
$22,766
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.76M
Weighted, 14 comps · high confidence
Evidence
14 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.2 mi away · 2,515 SF
7.5 mi away · 2,464 SF
8.5 mi away · 2,726 SF
10.5 mi away · 2,262 SF
10.8 mi away · 2,746 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$485k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 30 sales
$838
-81%
Submarket 997 sales
$572
-72%
County 1136 sales
$507
-69%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $158/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 14 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$875k
Move the market yield to see immediate price impact.
Value / SF
$286
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$55k
$1.10M
$787k
$613k
$61k
$1.23M
$875k
$681k
$67k
$1.35M
$962k
$749k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
14 found
High confidence · county-verified
Closest comparable
$1.37M
6.9 mi · Dec 2025 · $355/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$22,766
Tax year 2023
Assessed value
$1,623,827
Assessed 2023
Previous assessed
$798,827
+103.3% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,500,000
Assessed improvement
$123,827
Land market value
$1,500,000
Improvement market value
$123,827
Total market value
$1,623,827
Applied tax rate
100.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1948
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
3,060 SF
Lot
0.17 ac (7,500 SF)
Zoning code
6110:COMM/RES-DESIGN DIST
APN
01-4102-005-2900
UPID
US18-0178112
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6110:COMM/RES-DESIGN DIST · Miami, FLZoning 6110:COMM/RES-DESIGN DIST · permitted uses
6110:COMM/RES-DESIGN DIST · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1948
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.17 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
6110:COMM/RES-DESIGN DIST
Jurisdiction
Miami, FL
Recorded code
6110:COMM/RES-DESIGN DIST
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 6110:COMM/RES-DESIGN DIST in Miami, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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