12208 NW 7Th Ave North Miami, FL 33168
For Lease
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This exceptional 7,440-square-foot retail building presents a unique investment opportunity in North Miami, Florida. Situated on a sizable 18,682-square-foot lot at 12208 NW 7th Ave, zip code 33168, this single-tenant property boasts a prime location within a thriving neighborhood. Built in 1969, the building offers excellent visibility and high foot traffic, making it ideal for a diverse range of businesses. Its strategic placement ensures significant exposure to potential customers. The property's versatility allows for adaptation to various retail concepts, including restaurants, cafes, retail shops, service businesses, or even an urgent care clinic. Located in Miami-Dade County, this property benefits from the area's robust economy and strong demographics. The substantial lot size provides ample space for potential expansion or outdoor seating, enhancing the property's overall appeal and functionality. This is a rare chance to acquire a well-positioned retail space in a dynamic and growing market. The property's established presence and prime location offer immediate potential for success. Serious inquiries are encouraged to explore this exceptional investment opportunity further.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6600:COMMERCIAL,LIBERAL · North Miami, FLNorth Miami. Always verify with local authorities before improvements.
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.