7254 Bird RdMiami, FL 33155

  • Retail properties
  • 2,160 SF
For Sale
$2,400,000 View listing

Property Details for 7254 Bird Rd

Year built
1974
Construction
CONCRETE
Lot size
0.12 AC
Property size (Sq ft)
2,160 SF
Zone code
6200:COMMERCIAL,ARTERIAL
Property type
Retail properties
Property subtype
Outlet malls
APN
30-4023-010-0010
APU
3040230100010

Description

This freestanding retail building, located at 7254 Bird Road in Miami, Florida (zip code 33155), presents a compelling investment opportunity. The 2,190 square foot building sits on a 0.12-acre lot and boasts 54 feet of frontage on Bird Road, benefiting from a high daily traffic count of 64,500 vehicles. Built in 1974, this single-story structure is zoned BU-1A, offering flexibility for various commercial uses. The property includes a pylon sign for enhanced visibility and six dedicated parking spaces. Its strategic location provides excellent access to major transportation arteries, including the Palmetto Expressway (SR/826) and the Don Shula Expressway (SR/874), both within a short drive. Furthermore, its proximity to major retailers like Target, Best Buy, and Publix ensures high foot traffic and customer visibility. The property's Walk Score of 81 further underscores its convenient location within a thriving commercial area. The asking price for this exceptional retail property is $2,400,000. The property's APN is 30-4023-010-0010.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $900,248
    6.5%
    $830,998
    7%
    $771,641
  • Comparable approach

    Method
    Valuation
    Relative Method
    $767,709
    Geo Method
    $767,709
  • Alternative Use

    Use
    Valuation
    Residential
    $700,978
    Hospitality
    $642,092
    Educational
    $534,213
    Medical
    $552,586
    Retail
    $830,998
7254 Bird Rd, Miami, Florida

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.7329
Longitude
-80.3123
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
$12,193
$769,500
$105,406
$874,906
-
$769,500
$105,406
$874,906

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