For Sale
Property summary
The property is located on NW 27th Avenue in Miami, within the Wilson Estate subdivision, and consists of a one-story commercial building of approximately 1,988 square feet on a 3,600 square foot lot. The primary land use is Store/Retail Outlet/Warehouse, and the zoning is 6051 UCH Mixed Use Corridor (MC4 Max Height). The building has two interior restrooms on opposite sides, and its layout allows for potential division into two separate retail spaces. It is positioned along a high-traffic corridor with multi-lane access in both directions and is serviced by the Metrorail line; multiple on-site parking spaces are provided, with potential for additional parking through conversion of the side grass area to concrete, subject to buyer verification. Zoning supports a range of commercial uses such as retail, auto parts, restaurant/food service, professional office, and similar applications, subject to city verification, and may permit storefront window installation along the street-facing façade, subject to buyer verification. Potential vertical expansion to a second floor may be possible with city approval. The property is equipped with a surveillance camera system.
Property profile
VerifiedCap rate & NOI
Current use
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Electronics & Wireless Store (Bike/Boat/Book/etc) Store
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Church
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Miami market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
6051 · Miami, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 6051 in Miami, FL.
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