1400 167Th StMiami Gardens, FL 33169

Property Details for 1400 167Th St

Year built

1971

Construction

CONCRETE

Lot size

6.00 AC

Property size (Sq ft)

181,850 SF

Zone code

7100:INDUSTRIAL,LIGHT MFG

Property type

Retail properties

Property subtype

Outlet malls

APN

34-2114-008-0580

APU

3421140080580

Description

This exceptional 13,086-square-foot flex space, situated at 1400 NW 167th St in Miami Gardens, Florida, presents a remarkable opportunity for businesses seeking high-visibility retail, showroom, or industrial space. Located in Miami-Dade County, zip code 33169, this ground-floor unit is part of a larger 26,536-square-foot building with a total of 67 parking spaces directly in front. The property boasts excellent visibility from the heavily trafficked Palmetto Expressway, with over 153,500 cars passing daily, offering phenomenal signage opportunities. Its strategic location less than 0.75 miles west of I-95 and less than a quarter-mile from the Palmetto Expressway and I-95 interchange ensures unparalleled accessibility. The I-1 zoning allows for a variety of uses. This prime location benefits from a strong demographic base, with over 166,681 people residing within a 3-mile radius. Neighboring prominent retailers include Topgolf, Floor & Décor, Rooms to Go Kids, City Furniture, El Dorado Furniture, Brandsmart, Sam Ash, Walmart Neighborhood Market, and Mercedes Benz of Miami, creating a vibrant and thriving commercial environment. The property is available for multiple tenants, with a minimum divisible space of 13,086 square feet and a maximum contiguous space of 13,086 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $71,909,992

  6.5%

  $66,378,452

  7%

  $61,637,136

• Comparable approach

  Method

  Valuation

  Relative Method

  $64,633,272

  Geo Method

  $64,633,272

• Alternative Use

  Use

  Valuation

  Residential

  $55,992,708

  Hospitality

  $51,289,020

  Educational

  $42,671,864

  Medical

  $44,139,412

  Retail

  $66,378,452

Location Insight

City

Miami Gardens

County

Miami-dade

State

Florida

Latitude

25.9262

Longitude

-80.2241

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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