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

    3300 87th Ave Doral, FL 33172-1208

    • Gas stations
    • 11,528 SF
    • 1.56 lot acres
    OFF-MARKET
    Last Sale
    Jan 20, 2021
    $10,800,000
    Value Estimations
    $11,155,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3013561
    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

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 3300 87th Ave

    Year built
    2020
    Construction
    CONCRETE
    Lot size
    1.56 lot acres
    Property size
    11,528 SF
    Zone code
    7100:INDUSTRIAL,LIGHT MFG
    Property type
    Gas stations
    APN
    35-3028-018-0280
    APU
    3530280180280

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $11,410,000
      ML approach
      $11,565,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $11,204,000
      Market price range: $5.42M - $14.7M

    • Alternative Use

      Use
      Estimation
      SERVICE STATION (FULL SERVICE)
      $9,395,000
      Current use
      RESTAURANT
      $8,550,000
      Change: -9% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $8,525,000
      Change: -9% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $7,535,000
      Change: -20% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Doral
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3378
    Latitude
    25.8059
    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
    $84,021
    $3,737,635
    $1,074,746
    $4,812,381
    -
    $3,737,635
    $1,074,746
    $4,812,381

    Comparable in this City

    • Value Estimation
      $7,950,000
      6,313 SF

      1890 107th Ave

      SERVICE STATION WITH FOOD MART • 6,313 SF
      1890 107th Ave, Sweetwater, FL 33172-2504
      View Details
    • Value Estimation by Request
      5,051 SF

      9290 25th St

      SERVICE STATION (FULL SERVICE) • 5,051 SF
      9290 25th St, Doral, FL 33172-1503
      View Details
    • Value Estimation
      $515,000
      6,918 SF

      1690 87th Ave

      SERVICE STATION (FULL SERVICE) • 6,918 SF
      1690 87th Ave, Doral, FL 33172-2614
      View Details
    • Value Estimation by Request
      6,797 SF

      10720 25th St

      SERVICE STATION (FULL SERVICE) • 6,797 SF
      10720 25th St, Miami, FL 33172
      View Details
    • Value Estimation
      $8,485,000
      11,835 SF

      8701 13th Ter

      SERVICE STATION WITH FOOD MART • 11,835 SF
      8701 13th Ter, Doral, FL 33172-3013
      View Details
    • Value Estimation by Request
      6,459 SF

      2498 87th Ave

      SERVICE STATION (FULL SERVICE) • 6,459 SF
      2498 87th Ave, Doral, FL 33172-2410
      View Details

    Similar Nearby for Sale

    • New
      $2,250,000
      0.41 Acres

      Income-Generating Parking Lot and Land

      Prime commercial lot with income-producing parking business in Sweetwater.
      1890 NW 108Th Ave, Sweetwater, FL 33172
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    • $85,000

      Established Moving Business For Sale

      Profitable moving business with trucks, licenses, and equipment included.
      2900 NW 112Th Ave, Miami, FL 33172
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    • New
      $2,250,000
      0.41 Acres

      Income-Generating Parking Lot with Development Potential

      Prime Sweetwater commercial lot with parking business and development approval.
      1890 NW 108Th Ave, Sweetwater, FL 33172
      View Details
    • $250,000

      Operational Pharmacy Business Opportunity

      Fully operational pharmacy for sale in a high-traffic location.
      2100 NW 107Th Ave, Miami, FL 33172
      View Details
    • $235,000

      Profitable Nail Salon Business Opportunity

      Turnkey nail salon business for sale in Doral, Florida.
      1455 NW 107Th Ct, Doral, FL 33172
      View Details
    • $299,000
      Pending

      Turnkey Restaurant in Sweetwater, FL

      Fully equipped restaurant suitable for Latin rotisserie chicken production.
      11401 NW 12Th St, Sweetwater, FL 33172
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Doral Restaurant Ready for Lease

      Second-generation restaurant space available in Doral's active commercial corridor.
      2255 NW 87Th Ave, Doral, FL 33172
      View Details
    • $38 SF/Yr
      1,236 SF

      Sweetwater Retail Space For Lease

      Prime Sweetwater location, 1236 sq ft retail space.
      10887 17Th St, Miami, FL 33172
      View Details
    • $6,000 /Mo

      Sweetwater Mixed-Use Space Available

      Showroom, office, and warehouse space near Dolphin Mall.
      Sweetwater, FL 33172
      View Details
    • $40 SF/Yr
      71,326 SF

      Doral Retail Space Available

      Two Suites, Prime Doral Location
      2600 87 Ave, Doral, FL 33172
      View Details
    • $0.09 SF/Yr
      5,039 SF

      Doral Retail Space - 5,039 SF

      High-traffic Doral retail space, excellent visibility.
      1950 87Th St, Doral, FL 33172
      View Details
    • Contact for pricing
      20,052 SF

      Gated Office Complex with Amenities

      Secure office complex in West Dade with gym and café.
      730 NW 107Th Ave, Miami, FL 33172
      View Details
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    Doral, FL 33172-1208
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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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