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Property profile & analytics
OFF-MARKET
Estimated value
$4,755,000
Gas stations
2755 119th St Miami, FL 33167-2501
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-3364452
Property summary
AI-generated overview
This exceptional 1-acre (43,143 sq ft) commercial land parcel in Miami-Dade County, Florida (33167), at 2755 NW 119th St, offers approved plans for a 168-unit multifamily development. Zoned UC-MC, it allows for a building height of up to 12 stories within the urban mixed-use development boundary. The site boasts a highly visible location on NW 119th Street, a major thoroughfare connecting West Miami-Dade to I-95, with an average daily traffic count of 82,000 vehicles at the nearby signalized intersection. Its strategic location is enhanced by proximity to a newly constructed Amazon fulfillment center, the Eastview Commerce Center (800,000 sq ft), and Miami-Dade College North Campus. The area is experiencing significant growth, with over one million square feet of newly developed distribution facilities and the upcoming construction of a 120,000 sq ft K-12 school, further increasing the demand for housing. This shovel-ready site, upon permit approval, presents a unique opportunity for developers seeking a streamlined path to construction. The asking price is $4,750,000.
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1997
Construction
CONCRETE
Total area
9,070 SF
Lot
1.1 ac (47,797 SF)
Zoning code
6174
APN
30-2128-028-0920
UPID
US18-3364452
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
-
Marathon Gas Station Gas Station
-
CHEVRON Gas Station
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.26M
Blend (final)
Blend
$4.76M
Owner & transaction history
Sunshine Gasoline Distributors INC · 1 yrs held
Sunshine Gasoline Distributors INC
since 2025
Last sale
$5.0M
4 recorded transactions
Zoning & alternative use
6174 · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Miami submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$7,390,000
Current use
RESTAURANT
$6,725,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,705,000
Change: -9% · Conversion: Difficult
OFFICE BUILDING
$6,185,000
Change: -16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,930,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$4.76M
Range $4.28M – $5.23M · ±10% · vs last sale $5.00M (Feb 23 2025)
Last sale anchor
$5.00M
Feb 23 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$524 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$23,506
Tax year 2023
Assessed value
$1,384,255
Assessed 2023
Previous assessed
$1,249,529
+10.8% YoY
Effective rate
1.70%
On assessed value
Assessed land
$716,955
Assessed improvement
$667,300
Land market value
$716,955
Improvement market value
$667,300
Total market value
$1,384,255
Applied tax rate
3,000.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1997
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
9,070 SF
Lot
1.1 ac (47,797 SF)
Zoning code
6174
APN
30-2128-028-0920
UPID
US18-3364452
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6174 · Miami, FL
Zoning 6174 · permitted uses
6174 · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$7.4M
RESTAURANT
Est. value
$6.7M
COMMERCIAL (GENERAL)
Est. value
$6.7M
OFFICE BUILDING
Est. value
$6.2M
AUTO REPAIR, GARAGE
Est. value
$5.9M
SERVICE STATION (FULL SERVICE) Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.1 ac
Current owner
From public records · entity-resolved
Sunshine Gasoline Distributors INC
Entity
Free & Clear · 1 yrs held
Mailing address
2755 NW 119TH ST, MIAMI, FL 33167-2501
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2025
$5,000,000
Sunshine Gasoline Distributors INC
Ts 2755 Holding Company LLC
Special Warranty Deed
—
Apr 30, 2007
$1,900,000
Ts 2755 Holding Co LLC
Bp Products North America INC
Quit Claim Deed
related
$1,745,000 · First Bank Of Miami
Mar 13, 2001
$2,395,000
Amoco Oil Co
Petroleum Investments INC
Grant Deed
—
—
—
Ts 2755 Holding Co LLC
—
Loan Modification
related
$1,454,308 · First Bank Of Miami
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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