This exceptional 5,844 square foot office building in Miami Springs presents a unique investment opportunity. Currently configured as a single-tenant space, this property offers significant flexibility for a variety of uses, including traditional office, executive suites, or medical office space. Its strategic location provides unparalleled convenience, situated just minutes from Miami International Airport and the I-95 expressway, ensuring effortless commutes for employees and clients. The surrounding area boasts an abundance of upscale hotels and diverse dining options, enhancing the overall appeal and accessibility of the property. The building itself is an off-market gem, representing a rare chance to acquire a well-positioned asset in a thriving Miami Springs neighborhood. The single-tenant occupancy simplifies management and provides immediate income potential. This property is ideal for businesses seeking a prestigious address with excellent connectivity and a vibrant surrounding environment. The 5,844 square feet provide ample space for expansion or customization to meet specific operational needs. Given its prime location and versatile nature, this Miami Springs office building presents a compelling investment opportunity with strong potential for long-term growth and return. Serious inquiries are encouraged to explore this exceptional offering further. Don't miss this chance to secure a highly desirable commercial property in a sought-after location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,656,919
6.5%
$1,529,464
7%
$1,420,216
Comparable approach
Method
Valuation
Relative Method
$824,238
Geo Method
$824,238
Alternative Use
Use
Valuation
Residential
$1,896,535
Hospitality
$1,737,216
Educational
$1,445,343
Medical
$1,495,051
Retail
$2,248,312
Location Insight
City
Miami Springs
County
Miami-dade
State
Florida
Latitude
25.8084
Longitude
-80.2737
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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