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

    1565 36th St Miami, FL 33142-5559

    • Outlet malls
    • 29,558 SF
    • 0.90 lot acres
    OFF-MARKET
    Value Estimations
    $6,670,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-2255138
    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

    • Granite Transformations / Kitchen Remodeler / Countertop Store
    • TREND Transformations / Home Goods Store
    • TREND Group USA / Granite Supplier / Tile Manufacturer
    • TREND Terrazzo / Service Establishment / Stone Supplier
    • RCS Displays | Store Fixtures / Manufacturer / Carpenter

    Property Details for 1565 36th St

    Year built
    1940
    Construction
    CONCRETE
    Lot size
    0.90 lot acres
    Property size
    29,558 SF
    Zone code
    6100:COMMERCIAL,NEIGHBRHD
    Property type
    Outlet malls
    APN
    01-3123-019-0110
    APU
    131230190110

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,604,000
      Market price range: $3.96M - $12.8M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $8,720,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $8,400,000
      Change: -4% Conversion: Moderate
      WAREHOUSE, STORAGE
      $6,995,000
      Change: -20% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2229
    Latitude
    25.8099
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $79,576
    $3,120,000
    $1,693,000
    $4,813,000
    -
    $3,120,000
    $1,693,000
    $4,813,000

    Comparable in this City

    • Value Estimation
      $1,435,000
      5,225 SF

      1601 29th St

      WHOLESALE OUTLET, DISCOUNT STORE • 5,225 SF
      1601 29th St, Miami, FL 33142-6625
      View Details
    • Value Estimation by Request
      450 SF

      1250 54th St

      WHOLESALE OUTLET, DISCOUNT STORE • 450 SF
      1250 54th St, Miami, FL 33142-3865
      View Details
    • Value Estimation
      $1,965,000
      7,559 SF

      3311 17th Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 7,559 SF
      3311 17th Ave, Miami, FL 33142-6164
      View Details
    • Value Estimation
      $2,465,000
      8,280 SF

      2100 17th Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 8,280 SF
      2100 17th Ave, Miami, FL 33142-7420
      View Details
    • Value Estimation
      $9,910,000
      46,042 SF

      1250 23rd St

      WHOLESALE OUTLET, DISCOUNT STORE • 46,042 SF
      1250 23rd St, Miami, FL 33142-7620
      View Details
    • Value Estimation
      $1,760,000
      6,394 SF

      2010 21st Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 6,394 SF
      2010 21st Ave, Miami, FL 33142-7320
      View Details

    Similar Nearby for Sale

    • $4,750,000
      34,000 SF

      Melrose Redevelopment Opportunity

      Two contiguous lots with existing income and redevelopment potential.
      3520 Northwest 33Rd Avenue Rd, Miami, FL 33142
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    • $2,850,000

      Mixed-Use Property with Development Potential

      Mixed-use property near NW 36th Street with income potential.
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      Corner Property Near Airport

      Retail, office, and warehouse space with parking.
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    • $1,300,000

      Operating Car Dealership on 36th

      Commercial lot with active car dealership on NW 36th Street.
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    • $1,995,000
      4,690 SF

      Allapattah Mixed-Use Property for Sale

      Mixed-use property in Allapattah, eligible for Live Local program.
      2199 Nw 22Nd Ct, Miami, FL 33142
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    • $1,700,000

      Prime Retail Opportunity in Miami

      Two contiguous parcels with high-visibility frontage on NW 27th Avenue.
      2156 NW 27Th Ave, Miami, FL 33142
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    Similar Nearby for Lease

    • Contact for pricing
      869 SF

      Retail Space in Allapattah

      Retail space in north Allapattah with high traffic count.
      3505-3535 NW 17Th Ave, Miami, FL 33142
      View Details
    • $25 SF/Yr
      2,419 SF

      Retail Space Available for Rent

      Retail spaces available on NW 36th St, Miami, FL.
      2360 Nw 36Th St, Miami, FL 33142
      View Details
    • $2,200 /Mo

      Miami Office Space For Rent

      Centrally located office space near Miami International Airport available for rent.
      2721 NW 42Nd Ave, Miami, FL 33142
      View Details
    • Contact for pricing
      5,940 SF

      Prime Allappattah Warehouse Space

      5,940 SF Warehouse, Ideal Location
      1833 20Th St, Miami, FL 33142
      View Details
    • Contact for pricing
      8,050 SF

      Allapattah Flex Space Available

      Miami Flex Space: Modern & Versatile
      1724 22Nd St, Miami, FL 33142
      View Details
    • $20 SF/Yr
      1,500 SF

      Allapattah Retail Building with Parking

      Freestanding 1,500 SF retail building with parking in Allapattah.
      1841-1845 NW 20Th St, Miami, FL 33142
      View Details
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    1565 36th St
    Miami, FL 33142-5559
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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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