1 Alhambra PlzCoral Gables, FL 33134
- Office properties
- 473,214 SF
Property Details for 1 Alhambra Plz
- Year built
- 1990
- Construction
- CONCRETE
- Lot size
- 2.51 AC
- Property size (Sq ft)
- 473,214 SF
- Zone code
- 6400:COMMERCIAL,CENTRAL
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 03-4108-007-2210
- APU
- 341080072210
Description
Columbus Center, located at 1 Alhambra Plaza in the vibrant city of Coral Gables, Florida (zip code 33134), presents a prime retail opportunity. This exceptional commercial property, situated in Miami-Dade County, offers a total of 11,104 square feet of leasable space, currently entirely vacant and ready for immediate occupancy. The property is ideally suited for multiple tenants, with spaces ranging from a minimum of 2,574 square feet to a maximum contiguous space of 5,362 square feet, providing flexibility for businesses of various sizes. The building boasts ample parking, with a ratio of 4 spaces per 1,000 square feet. This location in Coral Gables offers high visibility and accessibility, making it an attractive destination for customers. The property's classification as both Commercial and Retail ensures a diverse potential tenant base. The address is easily accessible and situated within a thriving commercial district. This is an exceptional chance to secure a prominent retail presence in a highly desirable area of South Florida. The entire 11,104 square feet is currently available for lease. Contact us today to learn more about this exciting opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $408,565,088
- 6.5%
- $377,136,992
- 7%
- $350,198,624
-
Comparable approach
- Method
- Valuation
- Relative Method
- $181,174,720
- Geo Method
- $181,174,720
-
Alternative Use
- Use
- Valuation
- Residential
- $467,649,856
- Hospitality
- $428,364,768
- Educational
- $356,394,464
- Medical
- $368,651,424
- Retail
- $554,391,360
Location Insight
- City
- Coral Gables
- County
- Miami-dade
- State
- Florida
- Latitude
- 25.7528
- Longitude
- -80.2556
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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