Entity Owned Property summary
AI-generated overview
Dade Plaza North, a prominent Miami Gardens shopping center, presents a compelling investment opportunity. This 52,711 square foot retail property boasts a prime location at a signalized intersection with exceptional visibility and accessibility. Situated on a 1,000 square foot lot, the center offers 601 linear feet of frontage on NW 167th Avenue, providing excellent exposure to high traffic volume. Easy on/off access to Florida SR 826 (Palmetto Expressway) further enhances its strategic position. The center features multiple tenancy options, with eight spaces currently available, ranging from 900 to 6,700 square feet. Ample parking is provided, with a 5.50 space-per-1,000-square-foot ratio. Effective marketing is supported by freeway visibility, pylon signage availability, and prominent parapet signage. The existing tenant mix focuses on service-oriented businesses and daily needs, generating consistent traffic throughout the day and evening. This well-positioned shopping center offers a strong foundation for future growth and profitability. The property's strategic location and attractive features make it an ideal investment for those seeking a high-traffic, easily accessible retail space in a thriving Miami Gardens community.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2003
Construction
CONCRETE
Total area
25,876 SF
Lot
6.69 ac (291,543 SF)
Zoning code
6500:COMMERCIAL,CLASSIF
APN
34-2116-004-0010
UPID
US18-4048235
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.99M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.11M
Owner & transaction history
since 2014
6 recorded transactions
Zoning & alternative use
6500:COMMERCIAL,CLASSIF · Miami Gardens, FL
Top alternative use upside
Restaurant
$19.2M
+29.6%
Commercial (general)
$19.1M
+29.2%
Office building
$17.7M
+19.2%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$12.11M
Value range
$10.90M – $13.32M
±10% around blend
Estimated value / SF
$468 / SF
Confidence
High
7 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
70
$10.90M
blend $12.11M
$13.32M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
25,876 SF
Lot area
6.69 ac
Year built
2003
Stories
1
APN
34-2116-004-0010
Zoning
6500:COMMERCIAL,CLASSIF
Assessed value
$10,574,100
Annual tax
$221,626
3
Income approach: direct capitalization
Partial preview
Income approach indication
$12.99M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$14.07M
@ 6.5% CAP return
$12.99M
@ 7% CAP return
$12.06M
4
Sales comparison
Partial preview
Sales approach indication
$5.82M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.3 mi away · 21,524 SF
12.1 mi away · 20,232 SF
17.0 mi away · 24,984 SF
19.9 mi away · 21,071 SF
19.9 mi away · 21,071 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$12.11M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 1136 sales
$507
-8%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $468/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+30%
vs current-use indication
Commercial (general)
Office Building
Auto Repair, Garage
Retail Stores · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$10.57M
Move the market yield to see immediate price impact.
Value / SF
$409
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$666k
$13.32M
$9.52M
$7.40M
$740k
$14.80M
$10.57M
$8.22M
$814k
$16.28M
$11.63M
$9.05M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$149k
6.4 mi · Apr 2026 · $8/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$221,626
Tax year 2023
Assessed value
$10,574,100
Assessed 2023
Previous assessed
$10,574,100
+0.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$2,040,801
Assessed improvement
$8,533,299
Land market value
$2,040,801
Improvement market value
$8,533,299
Total market value
$10,574,100
Applied tax rate
3,400.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
25,876 SF
Lot
6.69 ac (291,543 SF)
Zoning code
6500:COMMERCIAL,CLASSIF
APN
34-2116-004-0010
UPID
US18-4048235
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6500:COMMERCIAL,CLASSIF · Miami Gardens, FLZoning 6500:COMMERCIAL,CLASSIF · permitted uses
6500:COMMERCIAL,CLASSIF · Miami Gardens, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
6.69 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
6500:COMMERCIAL,CLASSIF
Jurisdiction
Miami Gardens, FL
Recorded code
6500:COMMERCIAL,CLASSIF
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 6500:COMMERCIAL,CLASSIF in Miami Gardens, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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