This exceptional 7,850-square-foot single-tenant office building in Miami, Florida, presents a unique investment opportunity. Located at 7771 NW 7th Ave, this 2020-constructed property boasts a prime location in West Little River, offering convenient access to I-95. The building features 1,500 square feet of office space, complemented by a spacious warehouse area ideal for various uses. High ceilings (22 feet), acoustic tile, and LED lighting create a versatile and modern workspace. The property includes 11 parking spaces and benefits from three-phase power. Its zoning is classified as 7000, and the Miami-Dade County APN is 01-31-12-017-0410. The entire 7,850 square feet is currently vacant, providing immediate occupancy for a discerning tenant. This property is strategically positioned to capitalize on the continued growth and development of the 7th Avenue corridor. The building's modern design and functional layout make it an attractive option for businesses seeking a state-of-the-art facility in a rapidly developing area of Miami. The property's proximity to major transportation arteries ensures easy access for employees and clients alike.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$9,796,070
6.5%
$9,042,530
7%
$8,396,630
Comparable approach
Method
Valuation
Relative Method
$4,253,730
Geo Method
$4,253,730
Alternative Use
Use
Valuation
Retail / Commercial
$4,683,250
Mixed-Use / Specialty
$4,703,030
Hospitality / Lodging
$3,497,950
Office
$4,713,080
Institutional / Educational
$4,902,290
Residential Income
$5,735,680
Multifamily
$6,676,860
Automotive / Energy
$4,201,960
Parking / Income-Based Land
$1,414,010
Restaurant / Food Service
$2,523,920
Healthcare / Senior Housing
$4,785,460
Location Insight
City
Miami
County
Miami-dade
State
Florida
Latitude
25.8461
Longitude
-80.2088
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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7Th Ave Miami, FL 33150
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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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