590 125Th StNorth Miami, FL 33161

Property Details for 590 125Th St

Year built

1987

Construction

CONCRETE

Lot size

0.58 AC

Property size (Sq ft)

3,136 SF

Zone code

6000:COMMERCIAL,GENERAL

Property type

Retail properties

Property subtype

Gas stations

APN

06-2230-030-0010

APU

622300300010

Description

This exceptional 4,432-square-foot commercial property in North Miami, Florida, presents a unique investment opportunity. Situated on a 0.579-acre lot (25,201 sq ft) at the high-traffic corner of NE 125th St and NE 6th Ave, this single-tenant building boasts excellent visibility from five directions. Previously a convenience store and gas station, the structure offers versatile space ideal for traditional or creative office use, or retail. The single-story building, built in 1987 and classified as Class B, features approximately 16 surface parking spaces and is fully air-conditioned. The interior is largely open with high ceilings and some rear storage. The property benefits from its location just 1.4 miles from I-95, experiencing daily traffic exceeding 100,000 vehicles. The zoning is C-3, and the Miami-Dade County APN is 06-2230-030-0010. The owner is open to build-to-suit options for long-term lease agreements. The surrounding area is experiencing significant growth with new residential construction, promising increased density and future household growth. This property offers a compelling combination of high visibility, convenient location, and adaptable space, making it an attractive prospect for a variety of commercial uses.

• CAP approach

  CAP return

  Valuation

  6%

  $2,990,836

  6.5%

  $2,760,772

  7%

  $2,563,574

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,025,636

  Geo Method

  $3,025,636

• Alternative Use

  Use

  Valuation

  Residential

  $2,328,814

  Hospitality

  $2,133,182

  Educational

  $1,774,782

  Medical

  $1,835,820

  Retail

  $2,760,772

Location Insight

City

North Miami

County

Miami-dade

State

Florida

Latitude

25.89

Longitude

-80.1868

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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