9775 Dixie HwyPinecrest, FL 33156

  • Retail properties
  • 7,670 SF
For Sale
$4,900,000 View listing

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
9775 Dixie Hwy, Pinecrest, Florida

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

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
$69,133
$4,294,012
$525,591
$4,819,603
-
$4,294,012
$525,591
$4,819,603

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].