705 167th St North Miami Beach, FL 33162-2404
This exceptional single-tenant office space, located within the vibrant 167th Street Plaza in Miami-Dade County, offers a prime opportunity for businesses seeking high visibility and accessibility. The Class A, one-story building boasts 650 to 12,000 square feet of flexible space, perfect for a variety of office configurations. Situated on 167th Street (also known as the 826 Expressway), this location benefits from excellent street visibility and exceptionally high traffic volume, both day and night, driven by the presence of a major Aldi grocery store. The strategic location provides easy access to major thoroughfares, connecting Collins Avenue (the beach) to the Golden Glades Interchange, where I-95, the Florida Turnpike, 441, and 826 converge. The plaza features a diverse tenant mix, including Rent-a-Center, Carvel Ice Cream, Advance America, Tea Plus, Jerusalem's Pizza, Access Medical Group, and more, creating a bustling and attractive environment. Ample on-site parking is a rare and valuable asset in this location. The plaza is also shadow anchored by a Walgreens, further enhancing its appeal and drawing significant foot traffic. This is an unparalleled opportunity to establish a thriving business in a high-demand, well-established commercial center. No elevators are present in this single-story building.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6400:COMMERCIAL,CENTRAL · North Miami Beach, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.