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Property profile & analytics
FOR SALE
Automotive properties

2421 NW 27Th Ave Miami, FL 33142

3,250 SF 0.11 ac lot Built 1952
Entity Owned Free & Clear
Property ID
US18-4691032
Property summary
AI-generated overview

This exceptional mixed-use commercial property, located at 2421 NW 27th Ave, Miami, FL 33142, presents a unique investment opportunity in Allapattah's rapidly growing area. Built in 1952, this property boasts high visibility and strong customer engagement due to its prime location in a high-traffic zone. The 1,170,000 asking price includes a spacious office, two bathrooms, and two bay doors, along with convenient rear parking. Zoned T6-8-0, this property offers significant redevelopment potential. The current owner has successfully operated a profitable business here for over three decades, demonstrating the location's enduring commercial viability. Adding to its appeal, owner financing is available, providing flexible terms to qualified buyers. This is a rare chance to acquire a prime commercial property in a dynamic and expanding market, offering both immediate income potential and long-term growth prospects. The property's strong history, combined with its zoning and location, makes it an attractive investment for a variety of commercial uses. Serious inquiries are encouraged to explore this exceptional opportunity further.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1952
Construction CONCRETE
Total area 3,250 SF
Lot 0.11 ac (4,700 SF)
Zoning code 6100:COMMERCIAL,NEIGHBRHD
APN 01-3127-004-0160
UPID US18-4691032
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
  • Amador Machine Shop Inc Industrial Manufacturer
  • BlueClothes Store Clothing Store
  • Basement Finishers Sharp General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
RICEL & RICHIE CORP
RICEL & RICHIE CORP
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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