Technical
Financial
Distress signals
Property profile

7621 87th Ave Miami, FL 33173

OFF-MARKET
Commercial land
Property ID
US18-5610502
12,619 SF 5 ac lot Built 1978
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1978
Construction CONCRETE
Total area 12,619 SF
Lot 5 ac (217,791 SF)
Zoning code 6900:SEMI PROFESS OFFICE
APN 30-4034-000-0351
UPID US18-5610502

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7621 87th Ave Miami, FL 33173-3504
Miami metro Census 7705 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$12.41M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$11.61M

Owner & transaction history

since 2021
Last sale
$10.7M
7 recorded transactions
2021
$10.7M
2016
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

6900:SEMI PROFESS OFFICE · Miami, FL
Top alternative use upside
Restaurant $9.4M +0.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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