Property profile

173 1st St Miami, FL 33132

OFF-MARKET
Outlet malls
Property ID
US18-8978276
29,702 SF 0.34 ac lot Built 1950
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1950
Construction CONCRETE
Total area 29,702 SF
Lot 0.34 ac (15,000 SF)
Zoning code 6401:COMMERCIAL
APN 01-0110-040-1130
UPID US18-8978276

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
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Location

173 1st St Miami, FL 33132-2501
Miami metro Census 3704 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$10.26M
CAP Approach CAP
$14.91M
Comparable Approach Comparable
$13.89M
Blend (final) Blend
$16.19M

Owner & transaction history

since 2022
Last sale
$16.9M
2 recorded transactions
2022
Price N/A
2022
$16.9M

Zoning & alternative use

6401:COMMERCIAL · Miami, FL

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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