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
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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