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Property profile & analytics
OFF-MARKET Estimated value $2,505,000
Outlet malls

1792 20th St Miami, FL 33142

8,576 SF 0.38 ac lot Built 1995
Trust Owned 7-yr Hold Free & Clear
Property ID
US18-3364373
Property summary
AI-generated overview

This exceptional single-tenant property at 1792 NW 20th St, Miami, FL 33142, offers a flexible space ideal for a variety of businesses. The building is a one-story structure with a total area ranging from 1,500 to 3,000 square feet, categorized as both creative and traditional office space, and also suitable for retail use. Tenants will benefit from convenient access to ample parking with 10 spaces available on-site. There is no elevator in the building. Situated in the thriving Allapattah neighborhood, this property boasts unparalleled visibility and high car traffic along the bustling 20th Street Corridor. Its strategic location provides easy access to Wynwood, Midtown, and the Design District, ensuring exposure to a diverse and dynamic customer base. This presents a unique opportunity for businesses seeking a prominent presence in a rapidly growing area of Miami. The property's versatility makes it suitable for a range of businesses looking to establish or expand their operations in a vibrant and convenient location. Don't miss this chance to secure your space in this up-and-coming neighborhood.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1995
Construction CONCRETE
Total area 8,576 SF
Lot 0.38 ac (16,770 SF)
Zoning code 6100:COMMERCIAL,NEIGHBRHD
APN 01-3134-009-0170
UPID US18-3364373
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.58M
Blend (final) Blend
$2.51M
Owner & transaction history
1792 Land Trust · 7 yrs held
1792 Land Trust
since 2019
4 recorded transactions
2021
Price N/A
2019
$100
2018
Price N/A
1969
Price N/A
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $3.9M +55.8%
Medical building $3.8M +48.8%
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