2675 207Th StMiami Gardens, FL 33056

Property Details for 2675 207Th St

Year built

2006

Construction

CONCRETE

Lot size

0.59 AC

Property size (Sq ft)

5,500 SF

Zone code

6500:COMMERCIAL,CLASSIF

Property type

Retail properties

Property subtype

Outlet malls

APN

34-1134-008-0015

APU

3411340080015

Description

This exceptional retail property, located in Miami Gardens, offers a single-tenant space ideal for a variety of businesses. The building encompasses approximately 2,000 square feet and boasts a highly visible corner location on NW 27th Ave, ensuring significant foot traffic and brand exposure. Previously occupied by a beauty supply store, the space is ready for immediate occupancy and customization to suit your specific needs. The property features a single suite within the building, offering a streamlined and efficient layout. The lot size is not specified. The property's APN is 34-11-34-008-0015. This is a fantastic opportunity for entrepreneurs seeking a well-positioned retail space in a thriving Miami Gardens community. Its prominent location and previous successful tenancy make it an attractive investment for those looking to establish or expand their business. The property's strong visibility and convenient access make it an ideal location for attracting customers. The single-tenant occupancy simplifies management and allows for complete control over the space. This is a rare opportunity to acquire a well-situated retail property in a high-traffic area. Serious inquiries are encouraged to explore this promising investment. The property is classified as retail and is a single-tenant building with one suite.

• CAP approach

  CAP return

  Valuation

  6%

  $2,174,896

  6.5%

  $2,007,597

  7%

  $1,864,197

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,954,814

  Geo Method

  $1,954,814

• Alternative Use

  Use

  Valuation

  Residential

  $1,693,483

  Hospitality

  $1,551,221

  Educational

  $1,290,598

  Medical

  $1,334,984

  Retail

  $2,007,597

Location Insight

City

Miami Gardens

County

Miami-dade

State

Florida

Latitude

25.9646

Longitude

-80.2458

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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