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Property profile & analytics
OFF-MARKET
Commercial real estate

1800 27Th St Miami, FL 33142

250,000 SF
Entity Owned 6-yr Hold
Property ID
US18-3546163
Property summary
AI-generated overview

Gardens Promenade, a 250,000 square foot shopping center in Miami Gardens, Florida, presents a unique investment opportunity. This prime retail property, situated on a 32-acre site at the southwest corner of NW 27th Ave and Miami Gardens Drive, offers multiple tenancy options. The center boasts a total of 250,000 square feet, with 10,000 square feet currently vacant and available for lease. Spaces range from a minimum of 246 square feet to a maximum contiguous space of 10,000 square feet, providing flexibility for a variety of retail businesses. The property's location in the densely populated Miami Gardens area ensures high visibility and significant foot traffic. This exceptional retail center is strategically positioned for success, offering a rare chance to establish or expand a business in a thriving Miami market. The address is 1800 NW 27th St, Miami, FL 33142. The property is comprised of three parcels totaling 32 acres. This is a redevelopment opportunity for a significant retail presence in a high-traffic area.

Property profile
Verified
Property type Commercial real estate
Total area 250,000 SF
UPID US18-3546163
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
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Comparable Approach Comparable
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Owner & transaction history
1800 Law Center LLC · 6 yrs held
1800 Law Center LLC
since 2020
1 recorded transaction
2020
$7.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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