Property profile

15195 42nd St Miami, FL 33185

OFF-MARKET
Outlet malls
Property ID
US18-3981593
16,005 SF 1.71 ac lot Built 2003
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2003
Construction CONCRETE
Total area 16,005 SF
Lot 1.71 ac (74,488 SF)
Zoning code 6200:COMMERCIAL,ARTERIAL
APN 30-4916-022-0040
UPID US18-3981593

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
  • Postal Service Courier Service
  • Pharmacy
  • Pharmacy
  • Pharmacy

Location

15195 42nd St Miami, FL 33185-3949
Miami metro Census 15202 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.64M
CAP Approach CAP
$8.04M
Comparable Approach Comparable
$10.08M
Blend (final) Blend
$8.58M

Owner & transaction history

since 2023
Last sale
$7.4M
2 recorded transactions
2023
Price N/A
2023
$7.4M

Zoning & alternative use

6200:COMMERCIAL,ARTERIAL · Miami, FL
Top alternative use upside
Restaurant $11.9M +29.6%
Commercial (general) $11.8M +29.2%
Office building $10.9M +19.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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