9775 Dixie HwyPinecrest, FL 33156
- Retail properties
- 7,670 SF
Property Details for 9775 Dixie Hwy
- Year built
- 1951
- Construction
- CONCRETE
- Lot size
- 0.49 AC
- Property size (Sq ft)
- 7,670 SF
- Zone code
- 6400:COMMERCIAL,CENTRAL
- Property type
- Retail properties
- Property subtype
- Outlet malls
- APN
- 20-5002-045-0020
- APU
- 2050020450020
Description
This exceptional retail property, located at 9775 S Dixie Hwy in Pinecrest, Florida, presents a compelling investment opportunity. The building, constructed in 1951, boasts an excellent location directly on US-1, ensuring high visibility and significant foot traffic. Offered at $4,900,000, this property is ideal for a discerning investor seeking a well-situated retail space in a thriving Miami-Dade County community. The property's address is 9775 S Dixie Hwy, Pinecrest, FL 33156, placing it within a vibrant commercial corridor. The property type is classified as retail, offering significant potential for a variety of businesses. Its strategic location on US-1 provides unparalleled access and exposure to a large customer base. The building's age, while indicating a potential for renovation or modernization, also suggests a solid foundation and established presence within the community. This presents a unique chance to acquire a well-positioned retail asset in a desirable area of South Florida. Further due diligence is recommended to fully assess the property's potential and suitability for specific business ventures. The property's geographic coordinates are 25.680162 latitude and -80.316194 longitude.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $7,820,586
- 6.5%
- $7,219,002
- 7%
- $6,703,359
-
Comparable approach
- Method
- Valuation
- Relative Method
- $6,091,607
- Geo Method
- $6,091,607
-
Alternative Use
- Use
- Valuation
- Residential
- $6,089,498
- Hospitality
- $5,577,948
- Educational
- $4,640,787
- Medical
- $4,800,391
- Retail
- $7,219,002
Location Insight
- City
- Pinecrest
- County
- Miami-dade
- State
- Florida
- Latitude
- 25.6802
- Longitude
- -80.3162
- 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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