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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2713 79th Ave Doral, FL 33122-1034

    • Outlet malls
    • 19,652 SF
    • 1.16 lot acres
    OFF-MARKET
    Value Estimations
    $300,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US19-0499960
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Adolf Biecker Spa / Hair Salon
    • ALCOLOCK Ignition Interlock / Safety Equipment Supplier / Auto Electrical Service
    • CBR Auto Care / Auto Electrical Service / Auto Tune Up Service

    Property Details for 2713 79th Ave

    Year built
    1990
    Construction
    CONCRETE
    Lot size
    1.16 lot acres
    Property size
    19,652 SF
    Zone code
    6400:COMMERCIAL,CENTRAL
    Property type
    Outlet malls
    APN
    35-3027-048-0010
    APU
    3530270480010

    Description

    This exceptional retail space, totaling approximately 1,895 square feet, presents a fantastic opportunity for businesses seeking a high-visibility location in the heart of Doral. Situated at 2713 NW 79th Ave #2753, this single-tenant property boasts excellent exposure on NW 79th Avenue, ensuring significant foot traffic and brand visibility. The space includes a spacious showroom area, perfect for showcasing products or services, along with a private office for administrative tasks and a small kitchen for employee convenience. The property is zoned 6400 and features a total building suite count of one. Its convenient location offers easy access to major transportation arteries, including the Palmetto Expressway and Dolphin Expressway, as well as Miami International Airport, making it easily accessible for both employees and customers. The APN is 35-30-27-048-0010. This property is part of a larger building with a total of 19,652 square feet, but this listing focuses solely on the 1,895 square foot space described. This is a single-tenant retail space, offering a unique opportunity to establish a strong presence in a thriving commercial area. The property's prime location and functional layout make it an ideal choice for a variety of retail businesses. Don't miss this chance to secure a highly visible and accessible retail space in one of Miami's most dynamic commercial districts.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $300,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Doral
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3247
    Latitude
    25.7992
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $106,441
    $3,796,275
    $3,993,725
    $7,790,000
    -
    $3,796,275
    $3,993,725
    $7,790,000

    Comparable in this City

    • Value Estimation by Request
      47,776 SF

      7780 25th St

      WHOLESALE OUTLET, DISCOUNT STORE • 47,776 SF
      7780 25th St, Doral, FL 33122-1624
      View Details
    • Value Estimation
      $460,000
      23,220 SF

      3131 79th Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 23,220 SF
      3131 79th Ave, Doral, FL 33122-1060
      View Details
    • Value Estimation
      $440,000
      22,507 SF

      3290 79th Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 22,507 SF
      3290 79th Ave, Doral, FL 33122-1014
      View Details
    • Value Estimation
      $375,000
      28,458 SF

      2533 79th Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 28,458 SF
      2533 79th Ave, Doral, FL 33122-1032
      View Details
    • Value Estimation
      $585,000
      26,952 SF

      2782 79th Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 26,952 SF
      2782 79th Ave, Doral, FL 33122-1067
      View Details
    • Value Estimation
      $400,000
      17,996 SF

      7890 29th St

      WHOLESALE OUTLET, DISCOUNT STORE • 17,996 SF
      7890 29th St, Doral, FL 33122-1125
      View Details

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    2713 79th Ave
    Doral, FL 33122-1034
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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