Individually Owned Property summary
AI-generated overview
This exceptional 10,700 square foot mixed-use development opportunity is located at 6400 NW 7th Avenue in Miami, Florida, zip code 33150. The property boasts a prime corner lot location on bustling 7th Avenue (441), offering unparalleled visibility and accessibility. Currently zoned T6-8O, this site presents a unique chance for developers seeking to capitalize on the vibrant Miami market. The T6-8O zoning allows for a wide range of development possibilities, catering to diverse project visions. Alternatively, developers can leverage the Live Local Act to maximize building density and height, particularly advantageous for workforce housing projects. The property's strategic adjacency to Miami-Dade College North Campus' Carrie P. Meek Entrepreneurial Education Center further enhances its appeal, providing a dynamic and thriving surrounding environment. This is an exceptional opportunity to create a landmark development in a high-growth area of Miami. The asking price for this remarkable property is $800,000.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1950
Construction
CONCRETE
Total area
6,222 SF
Lot
0.25 ac (10,700 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-3114-036-1240
UPID
US18-2715949
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$744k
Blend (final)
Blend
$535k
Owner & transaction history
since 2023
1 recorded transaction
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$535k
Value range
$482k – $589k
±10% around blend
Estimated value / SF
$86 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
60
$482k
blend $535k
$589k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,222 SF
Lot area
0.25 ac
Year built
1950
Stories
1
APN
01-3114-036-1240
Zoning
6100:COMMERCIAL,NEIGHBRHD
Assessed value
$535,000
Annual tax
$6,211
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.86M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.6 mi away · 5,743 SF
19.9 mi away · 5,225 SF
21.5 mi away · 5,752 SF
23.4 mi away · 4,505 SF
23.8 mi away · 5,043 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$535k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 19 sales
$341
-75%
Submarket 664 sales
$739
-88%
County 734 sales
$674
-87%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $86/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$535k
Move the market yield to see immediate price impact.
Value / SF
$86
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$34k
$674k
$481k
$375k
$37k
$749k
$535k
$416k
$41k
$824k
$589k
$458k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$2.00M
6.0 mi · Dec 2025 · $420/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,211
Tax year 2023
Assessed value
$535,000
Assessed 2023
Previous assessed
$535,000
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$535,000
Land market value
$535,000
Total market value
$535,000
Applied tax rate
100.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1950
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
6,222 SF
Lot
0.25 ac (10,700 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-3114-036-1240
UPID
US18-2715949
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FLZoning 6100:COMMERCIAL,NEIGHBRHD · permitted uses
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1950
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.25 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
6100:COMMERCIAL,NEIGHBRHD
Jurisdiction
Miami, FL
Recorded code
6100:COMMERCIAL,NEIGHBRHD
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 6100:COMMERCIAL,NEIGHBRHD in Miami, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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