Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7351 7th St, Unit 2 Miami, FL 33126-2926

    • Manufacturing properties
    • 1,037 SF
    OFF-MARKET
    Last Sale
    Dec 23, 2020
    Value Estimations
    $1,790,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3066643
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • AA Eagle Plumbing Corp / Plumber
    • Restoration 305 Damage Experts / Water Damage Restoration Service / Fire Damage Restoration Service
    • Easy Digital / Print Shop
    • YCC Property Master, Inc. / Carpet Cleaning Service / Painting
    • Bullseye Event Center / Event Venue

    Property Details for 7351 7th St

    Year built
    1974
    Property size
    1,037 SF
    Zone code
    7100:INDUSTRIAL,LIGHT MFG
    Property type
    Manufacturing properties
    APN
    30-3052-012-0020
    APU
    3030520120020

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,035,000
      Market price range: $225k - $3.20M
      AI Estimate
      $1,546,000
      Market price range: $107k - $3.20M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,610,000
      Current use
      RETAIL STORES
      $2,850,000
      Change: +77% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3143
    Latitude
    25.7775
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,095
    $0.00
    $0.00
    $259,250
    -
    $0.00
    $0.00
    $259,250

    Comparable in this City

    • Value Estimation
      $8,165,000
      10,476 SF

      7498 8th St

      MANUFACTURING (LIGHT) • 10,476 SF
      7498 8th St, Miami, FL 33126-2934
      View Details
    • Value Estimation
      $2,435,000
      1,960 SF

      1928 79th Ave

      MANUFACTURING (LIGHT) • 1,960 SF
      1928 79th Ave, Doral, FL 33126-1100
      View Details
    • Value Estimation
      $2,275,000
      1,530 SF

      7311 12th St Ste, Unit 10

      MANUFACTURING (LIGHT) • 1,530 SF
      7311 12th St Ste, Doral, FL 33126-1925
      View Details
    • Value Estimation by Request
      1,473 SF

      7320 12th St, Unit 10

      MANUFACTURING (LIGHT) • 1,473 SF
      7320 12th St, Miami, FL 33126-1912
      View Details
    • Value Estimation
      $1,730,000
      1,473 SF

      7320 12th St, Unit 11

      MANUFACTURING (LIGHT) • 1,473 SF
      7320 12th St, Miami, FL 33126-1912
      View Details
    • Value Estimation
      $2,910,000
      2,056 SF

      7311 12th St Ste, Unit 30

      MANUFACTURING (LIGHT) • 2,056 SF
      7311 12th St Ste, Miami, FL 33126-1925
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Warehouse with Office Space

      2,500 SF warehouse with 1,180 SF office space.
      1700 NW 82Nd Ave, Miami, FL 33126
      View Details
    • Contact for pricing

      Industrial Space with Office

      2,649 SF industrial space with warehouse and office.
      1501 NW 82Nd Ave, Miami, FL 33126
      View Details
    • Contact for pricing

      Dock Height Warehouse For Sale

      17,657 SF warehouse with 1,841 SF office space.
      1300 NW 78Th Ave, Miami, FL 33126
      View Details
    • $3,400,000

      Miami Flex Space For Sale

      11,400 SF flex building with below market leases.
      7357 NW 7Th St, Miami, FL 33126
      View Details
    • $980,000

      Doral Warehouse/Office Investment Opportunity

      Versatile warehouse/office space with long-term lease in Doral.
      7311 NW 12Th St, Miami, FL 33126
      View Details
    • Contact for pricing

      Industrial Space Available September 2025

      32,342 SF industrial space available September 2025.
      1626 NW 82Nd Ave, Miami, FL 33126
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      92,020 SF

      Doral Industrial Warehouse Space

      92,020 SF Warehouse, Flexible Lease Options
      8310 14 St, Doral, FL 33126
      View Details
    • Contact for pricing
      2,200,300 SF

      Miami Industrial Space Available

      Prime Miami industrial space, multiple suites.
      8181 14 St, Doral, FL 33126
      View Details
    • $15 SF/Yr
      2,280 SF

      NW 7th St Warehouse For Lease

      Single-tenant warehouse, 2,280 sq ft.
      7400 7Th St, Miami, FL 33126
      View Details
    • Contact for pricing
      7,940 SF

      Doral Warehouse Space For Lease

      Warehouse space available for lease in Doral, Florida.
      8400-8412 NW 17Th St, Doral, FL 33126
      View Details
    • $5,800 /Mo

      Doral Warehouse/Office Condominium

      Versatile warehouse/office space in Doral with modern upgrades.
      7311 NW 12Th St, Miami, FL 33126
      View Details
    • Contact for pricing
      12,400 SF

      Warehouse Space with Dock Doors

      12,400 SF warehouse with 5 dock doors available for lease.
      6701 NW 7Th St, Miami, FL 33126
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7351 7th St, Unit 2
    Miami, FL 33126-2926
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.