10005 72Nd StMiami, FL 33173

  • Outlet malls
  • 32,245 SF

Property Details for 10005 72Nd St

Year built
1980
Construction
CONCRETE
Lot size
2.12 AC
Property size (Sq ft)
32,245 SF
Zone code
6200:COMMERCIAL,ARTERIAL
Property type
Outlet malls
APN
30-4029-001-1120
APU
3040290011120

Description

This exceptional retail opportunity is located within the Shoppes of Sunset II, a strip center situated in a high-traffic area of Miami, Florida, specifically on the north side of Sunset Drive. The property boasts a total of 27,696 square feet and currently features one available suite encompassing 1,832 square feet, ideal for a variety of retail or restaurant uses. The property's address is 10005 - 75 S.W. 72nd Street, Miami, FL 33173, within Miami-Dade County. This prime location offers excellent visibility and accessibility for customers. The building is classified as a strip center, catering to multiple tenants. The property's size and location make it an attractive investment for businesses seeking a strong presence in a densely populated Miami neighborhood. The available space presents a unique chance to establish or expand a retail operation in a thriving commercial area. Further details regarding lease terms and conditions are available upon request. Don't miss this chance to secure a prominent retail space in a prime Miami location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,439,118
    6.5%
    $12,405,340
    7%
    $11,519,244
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,460,544
    Geo Method
    $11,460,544
  • Alternative Use

    Use
    Valuation
    Residential
    $10,464,368
    Hospitality
    $9,585,305
    Educational
    $7,974,862
    Medical
    $8,249,129
    Retail
    $12,405,340

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.7019
Longitude
-80.3567
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
$109,853
$5,079,085
$1,653,798
$6,732,883
-
$5,079,085
$1,653,798
$6,732,883

FAQs

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