1057-1085 NW 119Th St North Miami, FL 33168
For Sale
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Lee & Associates presents 119th Plaza, a fully occupied 9,300 SF retail storefront center strategically positioned with 88 feet of prime frontage on NW 119th Street. Built-in 1960 and meticulously maintained, the single-story property features a diverse tenant mix and boasts a new roof and upgraded parking surface. The center supports high customer traffic and tenant convenience with 38 on-site parking spaces (4.09 per 1,000 SF). Zoned C-1 on a 0.51-acre lot with a 0.42 FAR, this retail asset is a rare opportunity in a high-demand market, ideal for investors seeking stable, in-place income in a thriving commercial corridor. 9,300 SF retail storefront center Fully occupied with a diverse tenant mix New roof and resurfaced parking lot 38 parking spaces (4.09 per 1,000 SF) 88’ frontage on high-traffic NW 119th Street Zoned C-1 on a 0.51-acre lot with 0.42 FAR Over 40,000 cars/day on 119th St 32,000 on 7th Ave Built-in local customer base with 180,000+ residents nearby
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
