Individually Owned Property summary
AI-generated overview
This exceptional turnkey restaurant space, totaling 1,528 square feet, is available for lease within a larger 20,000 square foot multi-tenant building located at 1051 NW 14th St, Miami-Dade County, near NW 10th Ave. Built in 1990, this end-cap unit boasts a prime location in the vibrant Wynwood/Miami Dade Medical District, experiencing high foot traffic and visibility due to its placement within a busy commercial area with thousands of vehicles passing daily. The space is fully built-out and ready for immediate occupancy, representing a significant advantage for a quick-service restaurant, cafe, or similar establishment. This second-generation restaurant space is perfectly positioned to capitalize on the increased foot traffic generated by the return of office workers to the area. The property's multi-tenant nature offers a synergistic environment, while the end-cap location provides excellent street exposure. This is a unique opportunity to establish or relocate your business in a thriving and highly visible location. The space is ideal for a restaurant, cafe, or coffee shop concept.
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1994
Construction
CONCRETE
Total area
270,983 SF
Lot
1.17 ac (51,130 SF)
Zoning code
9600:HOSPITALS
APN
01-3135-057-0011
UPID
US18-3543581
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
-
University
-
Take-out & Catering
-
Hair Salon
-
Physician
-
Atm
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.10M
Owner & transaction history
Zoning & alternative use
9600:HOSPITALS · 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.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$9.10M
Value range
$8.19M – $10.01M
±10% around blend
Estimated value / SF
$34 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$8.19M
blend $9.10M
$10.01M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
270,983 SF
Lot area
1.17 ac
Year built
1994
Stories
6
APN
01-3135-057-0011
Zoning
9600:HOSPITALS
Assessed value
$19,000,000
Annual tax
$346,368
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$9.10M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 242 sales
$654
-95%
County 285 sales
$631
-95%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $34/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
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
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.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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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$19.00M
Move the market yield to see immediate price impact.
Value / SF
$70
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%
$1.20M
$23.94M
$17.10M
$13.30M
$1.33M
$26.60M
$19.00M
$14.78M
$1.46M
$29.26M
$20.90M
$16.26M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$346,368
Tax year 2023
Assessed value
$19,000,000
Assessed 2023
Previous assessed
$16,300,000
+16.6% YoY
Effective rate
1.82%
On assessed value
Assessed land
$2,045,200
Assessed improvement
$16,954,800
Land market value
$2,045,200
Improvement market value
$16,954,800
Total market value
$19,000,000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1994
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
6
Total area
270,983 SF
Lot
1.17 ac (51,130 SF)
Zoning code
9600:HOSPITALS
APN
01-3135-057-0011
UPID
US18-3543581
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
9600:HOSPITALS · Miami, FLZoning 9600:HOSPITALS · permitted uses
9600:HOSPITALS · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1994
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
6
Lot
1.17 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
9600:HOSPITALS
Jurisdiction
Miami, FL
Recorded code
9600:HOSPITALS
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 9600:HOSPITALS 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.
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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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