1620 148Th StMiami, FL 33181

  • Retail properties
  • 15,604 SF
For Lease

Property Details for 1620 148Th St

Year built
1973
Construction
CONCRETE
Lot size
0.83 AC
Property size (Sq ft)
15,604 SF
Zone code
6100:COMMERCIAL,NEIGHBRHD
Property type
Retail properties
Property subtype
Outlet malls
APN
30-2220-002-3920
APU
3022200023920

Description

This exceptional 930 square foot retail space is ideally situated at 1620 NE 148th Street, offering a fantastic opportunity for a single-tenant business. The property boasts a convenient single-story design, eliminating the need for stairs or elevators, and ensuring easy accessibility for customers and staff. With a generous 43 parking spaces available, ample parking is guaranteed for both patrons and employees. The zoning designation is 61/COMME, making it suitable for a variety of commercial uses. The property's address is 1620 NE 148th St #1638, and its Assessor's Parcel Number (APN) is 30-22-20-002-3920. This single-suite building presents a unique opportunity for a business seeking a well-located, easily accessible retail space with ample parking. The property's prominent location ensures high visibility and potential for strong foot traffic. The straightforward single-tenant setup simplifies operations and management, making it an attractive option for businesses of all sizes. This is a rare opportunity to secure a prime retail location with excellent parking and convenient access. The property's single-story design and ample parking make it an attractive option for businesses seeking a convenient and accessible location for their customers and employees. The zoning designation allows for a variety of commercial uses, providing flexibility for potential tenants. Don't miss this chance to establish your business in a thriving commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,881,700
    6.5%
    $13,736,954
    7%
    $12,755,743
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,054,852
    Geo Method
    $15,054,852
  • Alternative Use

    Use
    Valuation
    Residential
    $11,587,635
    Hospitality
    $10,614,211
    Educational
    $8,830,899
    Medical
    $9,134,607
    Retail
    $13,736,954
1620 148Th St, Miami, Florida

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.9116
Longitude
-80.1659
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
$21,158
$904,200
$766,800
$1,671,000
-
$904,200
$766,800
$1,671,000

FAQs

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