18191 68Th AveHialeah, FL 33015

Property Details for 18191 68Th Ave

Year built

1979

Construction

CONCRETE

Lot size

2.27 AC

Property size (Sq ft)

24,975 SF

Zone code

6800:COMM,PROFESS OFFICES

Property type

Office properties

Property subtype

Office buildings

APN

30-2011-003-0040

APU

3020110030040

Description

This exceptional single-tenant office building, known as Plaza 68, presents a unique opportunity for businesses seeking a prestigious and convenient location in Hialeah, Florida. The property, located at 18191 NW 68th Ave, Miami, FL 33015, boasts a total of 24,975 square feet of office space spread across two stories within a single building. The zoning designation is 6800. The property features convenient access to major transportation arteries, situated just minutes from the NW 186 Street exit off I-75 and a half-mile north of the NW 67th Avenue exit from the Palmetto Expressway, minimizing commute times and traffic congestion. The building offers significant advantages including all utilities (water and electricity) included in the lease. Ample free parking is available on-site for employees and clients. Security is a top priority, with 24/7 access controlled by a code entry system and enhanced by comprehensive video monitoring. This turnkey solution provides a secure, efficient, and well-located workspace, ideal for a variety of businesses. The APN is 30-20-11-003-0040. This is a single-suite, two-story building.

• CAP approach

  CAP return

  Valuation

  6%

  $6,718,372

  6.5%

  $6,201,575

  7%

  $5,758,605

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,522,474

  Geo Method

  $3,522,474

• Alternative Use

  Use

  Valuation

  Residential

  $7,689,952

  Hospitality

  $7,043,956

  Educational

  $5,860,488

  Medical

  $6,062,040

  Retail

  $9,116,315

Location Insight

City

Hialeah

County

Miami-dade

State

Florida

Latitude

25.938

Longitude

-80.3114

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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