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Property profile & analytics
OFF-MARKET
Gas stations

2799 163rd St North Miami Beach, FL 33160-4007

4,383 SF 0.52 ac lot Built 1982
Entity Owned 24-yr Hold ~ Est. High Equity
Property ID
US18-3909582
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving gas station and convenience store located at 2799 NE 163rd St, North Miami Beach, FL 33160. Situated on a substantial 22,500 square foot lot at the corner of Sunny Isles Blvd and 163rd St, this property boasts a prime location with high visibility and significant traffic flow. The single-story building, constructed in 1982, currently operates as a service station and convenience store. The convenience store is currently leased on a month-to-month basis, offering flexibility for the new owner. The property's primary land use is designated as a service station, reflecting its established function within the community. The asking price for this turnkey operation is $6,350,000. It's important to note that probate court approval is required to finalize the sale. This presents a unique opportunity for investors seeking a well-established business with significant growth potential in a desirable location. The property's size and location make it an ideal candidate for expansion or redevelopment, subject to local zoning regulations. Serious inquiries only.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1982
Construction CONCRETE
Total area 4,383 SF
Lot 0.52 ac (22,500 SF)
Zoning code 6400:COMMERCIAL,CENTRAL
APN 07-2215-001-0010
UPID US18-3909582
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
S I B I Investments INC · 24 yrs held
S I B I Investments INC
since 2002
1 recorded transaction
2002
$900,000
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · North Miami Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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