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Property profile & analytics
OFF-MARKET
Estimated value
$3,035,000
Gas stations
1600 27th Ave Miami, FL 33145-2045
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-2377847
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1968
Construction
CONCRETE
Total area
4,217 SF
Lot
0.78 ac (34,190 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-4110-002-1790
UPID
US18-2377847
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Westar Gas Station
-
Turo Host Car Rental Facility
-
El Rey Del Parche 2 Auto Repair Shop
-
Cervantes auto repair Auto Repair Shop
-
Cambio de aceite / Westar Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.04M
Owner & transaction history
Rj Holding Investment 3 LLC · 5 yrs held
Rj Holding Investment 3 LLC
since 2021
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Miami submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,020,000
ML approach
$2,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$3,435,000
Current use
COMMERCIAL (GENERAL)
$3,120,000
Change: -9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,755,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$3.04M
Range $2.73M – $3.34M · ±10% · vs last sale $4.05M (Aug 4 2024)
Last sale anchor
$4.05M
Aug 4 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$720 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$73,313
Tax year 2023
Assessed value
$4,435,364
Assessed 2023
Previous assessed
$4,439,115
-0.1% YoY
Effective rate
1.65%
On assessed value
Assessed land
$4,273,750
Assessed improvement
$161,614
Land market value
$4,273,750
Improvement market value
$161,614
Total market value
$4,435,364
Applied tax rate
100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1968
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
4,217 SF
Lot
0.78 ac (34,190 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-4110-002-1790
UPID
US18-2377847
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Zoning 6100:COMMERCIAL,NEIGHBRHD · permitted uses
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.8M
SERVICE STATION (FULL SERVICE) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Rj Holding Investment 3 LLC
Entity
Mailing address
1901 W 4TH AVE, HIALEAH, FL 33010-2407
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2021
$1,700,000
Rj Holding Investment 3 LLC
Maraya Real Estate Holdings LLC
Quit Claim Deed
related
—
May 19, 2011
—
Maraya R/e Holdings LLC
Arcca INC
Grant Deed
related
—
Dec 14, 2009
$1,550,000
Maraya R/e Holdings LLC
Arcca INC
Warranty Deed
$1,050,000 · Arcca INC
Mar 24, 1997
$525,000
Arcca INC
Rabagh,wilfredo & Electra
Grant Deed
$400,000 · Hemisphere National Bank
—
—
Maraya R/e Holdings LLC
—
Deed Of Trust
related
$1,500,000 · Apollo Bank
—
—
Maraya R/e Holdings LLC
—
Deed Of Trust
related
$1,034,571 · Arcca INC
—
—
Maraya R & E Holdings LLC
—
Loan Modification
related
$1,917,313 · Apollo Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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