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Property profile & analytics
OFF-MARKET
Estimated value
$2,495,000
Turn key restaurants
3700 Le Jeune Rd Miami Springs, FL 33166-7305
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-4706011
Property summary
AI-generated overview
This exceptional 3,316-square-foot retail building in Miami Springs, Florida, presents a unique investment opportunity. Located at 3700 S Le Jeune Rd, 33166, this single-tenant property boasts a prominent corner lot spanning 23,417 square feet, offering substantial visibility and accessibility. The building features a drive-thru, ample parking for 22 vehicles, and a fully equipped kitchen, previously licensed for five seats, making it ideal for a quick-service restaurant (QSR). Benefiting from high traffic counts on Le Jeune Road (over 150,000 vehicles daily) and proximity to Okeechobee Road and Miami International Airport, this location enjoys exceptional exposure to a large and growing customer base. With over 200,000 residents within a three-mile radius and a rapidly expanding population, this property offers significant potential for long-term success. The building's previous tenant was a successful Miami Grill restaurant, demonstrating the location's viability. This is a second-generation QSR space ready for immediate occupancy.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1995
Construction
CONCRETE
Total area
3,307 SF
Lot
0.54 ac (23,417 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
05-3120-036-0130
UPID
US18-4706011
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
$2.29M
Blend (final)
Blend
$2.50M
Owner & transaction history
Batata Group Investments 2 LLC · 1 yrs held
Batata Group Investments 2 LLC
since 2025
Last sale
$2.6M
4 recorded transactions
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Miami Springs, FL
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 Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami Springs 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
RESTAURANT
$2,450,000
Current use
COMMERCIAL (GENERAL)
$2,445,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,160,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$2.50M
Range $2.25M – $2.74M · ±10% · vs last sale $2.60M (Jan 8 2025)
Last sale anchor
$2.60M
Jan 8 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
$754 / 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
$26,128
Tax year 2023
Assessed value
$1,355,621
Assessed 2023
Previous assessed
$1,009,150
+34.3% YoY
Effective rate
1.93%
On assessed value
Assessed land
$1,053,765
Assessed improvement
$301,856
Land market value
$1,053,765
Improvement market value
$301,856
Total market value
$1,355,621
Applied tax rate
500.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1995
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
3,307 SF
Lot
0.54 ac (23,417 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
05-3120-036-0130
UPID
US18-4706011
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Miami Springs, FLZoning 6400:COMMERCIAL,CENTRAL · permitted uses
6400:COMMERCIAL,CENTRAL · Miami Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Map
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.2M
RESTAURANT Current
COMMERCIAL (GENERAL)
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
1995
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Batata Group Investments 2 LLC
Entity
Mailing address
1161 NW 130TH AVEMNW, PEMBROKE PINES, FL 33028-2733
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
Apr 8, 2025
$2,600,000
Batata Group Investments 2 LLC
Edgewater Park Manor LLC
Warranty Deed
$2,080,000 · Truist Bank
Jan 23, 2019
$1,150,000
Edgewater Park Manor LLC
3700 Nw 42 Ave LLC
Warranty Deed
$1,125,000 · Gulf Coast Bank And Trust Company
Sep 15, 2004
$795,000
3700 Nw 42 Ave LLC
Samshin INC
Warranty Deed
$800,000 · Century Int'l Funding INC
—
—
Samshin INC
—
Deed Of Trust
related
$500,000 · International 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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