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Property profile & analytics
OFF-MARKET
Commercial real estate

6508 18Th Ave Miami, FL 33147

2,800 SF
Entity Owned 4-yr Hold
Property ID
US18-8699921
Property summary
AI-generated overview

This exceptional 2,800 square foot vacant lot presents a remarkable commercial development opportunity in Miami, Florida. Located at 6508 NW 18th Ave, Miami, FL 33147, in Miami-Dade County, this property is zoned BU-2, allowing for a diverse range of commercial uses. The zoning permits retail establishments, service businesses, and other commercial ventures, making it ideal for developers, entrepreneurs, and business owners seeking a strategic location in a thriving market. Its prime location near major roadways ensures high visibility and convenient access, maximizing potential customer traffic. The asking price for this property is $200,000. This vacant lot offers unparalleled potential for building a retail storefront, office space, or a mixed-use commercial property, providing a solid foundation to bring your commercial vision to life. The property's strategic location within a bustling commercial area guarantees a steady flow of customers and clients, making it an attractive investment with significant growth potential. Don't miss this chance to acquire a highly desirable commercial lot in a rapidly developing area of Miami.

Property profile
Verified
Property type Commercial real estate
Total area 2,800 SF
UPID US18-8699921
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
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Purple Lotus Ventures LLC · 4 yrs held
Purple Lotus Ventures LLC
since 2021
2 recorded transactions
2021
Price N/A
2020
$29,100
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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