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Property profile & analytics
OFF-MARKET
Automotive properties

625 79th St Miami, FL 33138-4709

2,000 SF 0.21 ac lot Built 1978
Individually Owned 20-yr Hold ~ Est. High Equity
Property ID
US18-8491556
Property summary
AI-generated overview

This exceptional 1-story warehouse at 625 NE 79th St, Miami, FL 33138, presents a compelling investment opportunity. Built in 1978, this single-building property offers 3,000,000 USD in asking price. Situated in Miami-Dade County, its convenient location provides easy access to major transportation routes. The property's industrial classification makes it suitable for a variety of uses, particularly given its existing history as a thriving mechanic business with a seventeen-year operational history. The building's solid construction and well-maintained condition promise a low-maintenance investment. This is an ideal acquisition for investors seeking a stable, established business with significant potential for growth or for entrepreneurs looking to establish their own operation in a prime Miami location. The property's single-story design offers efficient workflow and accessibility. The asking price reflects the property's value and potential, making it an attractive proposition in the competitive Miami commercial real estate market. Detailed financial information and operational data are available upon request. This is a rare opportunity to acquire a well-established business and prime real estate in a thriving Miami location.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1978
Construction CONCRETE
Total area 2,000 SF
Lot 0.21 ac (9,090 SF)
Zoning code 6101
APN 01-3207-017-0300
UPID US18-8491556
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
  • La Gordita Fast Food Tacos and more. Restaurant
  • Magic Car Care Center Auto Repair Shop
  • Al toque Peruvian Cuisine Restaurant
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
John Vargas · 20 yrs held
John Vargas
since 2006
3 recorded transactions
2006
$575,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
6101 · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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