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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1157 NW 7Th Ct Miami, FL 33136

    • Commercial real estate
    For Sale
    View listing
    $1,250,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-1552070
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1157 NW 7Th Ct

    Property type
    Commercial real estate

    Description

    This exceptional 1.5 million dollar investment opportunity presents a strategically located lot in Miami, Florida, specifically at 1157 NW 7th Ct, 33136, within Miami-Dade County. The property is zoned T6-8, offering a wide range of development possibilities. Its prime location provides unparalleled access to several key areas, including Downtown Miami, the Miami River, Miami's Health District, Loan Depot Park, and the Kaseya Center, all within minutes. The convenient proximity to the Culmer Metrorail station ensures seamless connectivity to other parts of the city, including Miami International Airport. This presents a unique chance to capitalize on the vibrant growth and development occurring in this section of Miami. The property's address is 1157 NW 7th Ct, Miami, FL 33136. The latitude and longitude coordinates are 25.7851543, -80.2074897 respectively. This lot is classified as Special Purpose property and represents a compelling investment opportunity for developers seeking to unlock its full potential in a thriving urban environment. The asking price for this exceptional property is $1,500,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2074897
    Latitude
    25.7851543

    Comparable in this City

    • $9,621,818

      Miami Specialty Property For Sale

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      Miami Townhouse Near Metro Station

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      Overtown Development Opportunity

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      Prime Miami Development Opportunity

      Rare 0.62-acre site near UM/Jackson Health District.
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      Overtown Multifamily Investment Opportunity

      Renovated 6-unit multifamily building in the heart of Overtown.
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      Downtown Miami Retail Opportunity

      Retail building in the heart of Downtown Miami.
      1139 NW 2Nd Ave, Miami, FL 33136
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    Similar Nearby for Sale

    • $9,621,818

      Miami Specialty Property For Sale

      Specialty property available for purchase in Miami, Florida.
      13698 Southwest 8Th Street Rd, Miami, FL 33136
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      Miami Townhouse Near Metro Station

      1,344 SF townhouse near Culmer Metro Station in Miami.
      624 NW 11Th St, Miami, FL 33136
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    • $660,000
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      Overtown Development Opportunity

      Prime 8,800 SF lot, $660,000
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    • $7,100,000

      Prime Miami Development Opportunity

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      1222-1224 Nw 7Th Ave, Miami, FL 33136
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    • $1,500,000

      Overtown Multifamily Investment Opportunity

      Renovated 6-unit multifamily building in the heart of Overtown.
      212 NW 15Th St, Miami, FL 33136
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    • $1,200,000

      Downtown Miami Retail Opportunity

      Retail building in the heart of Downtown Miami.
      1139 NW 2Nd Ave, Miami, FL 33136
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    Similar Nearby for Lease

    • $15 SF/Yr
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      Prime Waterfront Warehouse in Miami

      6,956 SF Warehouse, Waterfront Views
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      Overtown Office Space for Lease

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    • $6 SF/Yr
      16,950 SF

      Land for Lease in Miami

      16,950 SF land suitable for various commercial uses.
      1234 NW 7Th Ave, Miami, FL 33136
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    • $1,500 /Mo

      Furnished Efficiency in Prime Location

      Fully furnished efficiency with utilities included, near Medical District.
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    • Contact for pricing
      38,500 SF

      Miami Class A Office Space

      Six-story, LEED Gold certified office building with large floor plates.
      1951 NW 7Th Ave, Miami, FL 33136
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    • Contact for pricing
      15,039 SF

      Retail Space in Brickell Corridor

      Retail space available in a 23-story residential building.
      117 SW 10Th St, Miami, FL 33136
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    Request Owner's contact information
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    1157 NW 7Th Ct
    Miami, FL 33136
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    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
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