9769 Dixie HwyPinecrest, FL 33156
- Office properties
- 7,000 SF
Property Details for 9769 Dixie Hwy
- Year built
- 1981
- Construction
- CONCRETE
- Lot size
- 0.20 AC
- Property size (Sq ft)
- 7,000 SF
- Zone code
- 6400:COMMERCIAL,CENTRAL
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 20-5002-039-0060
- APU
- 2050020390060
Description
This exceptional 6,817 square foot office building presents a rare investment opportunity in the desirable Pinecrest, Florida area. Located at 9769 S Dixie Hwy, 33156, this single-story building sits on an 8,712 square foot lot and boasts a well-maintained structure. The property is zoned BU-1, reflecting its restricted commercial development within the Village of Pinecrest. Offering ample free parking, this strategically located business hub provides high visibility and immediate access to major transportation arteries, including South Dixie Highway and SR-826. Its convenient location also offers walkability to Metrorail, shopping, and dining options. The asking price is $3,995,000, translating to $586.03 per square foot. This executive and traditional office space represents a unique chance to acquire a prime commercial property in a thriving South Florida community. The building's excellent condition and prime location make it an ideal investment for discerning buyers seeking a high-return asset in a sought-after market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,861,367
- 6.5%
- $4,487,416
- 7%
- $4,166,886
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,208,567
- Geo Method
- $2,208,567
-
Alternative Use
- Use
- Valuation
- Residential
- $5,564,396
- Hospitality
- $5,096,956
- Educational
- $4,240,608
- Medical
- $4,386,449
- Retail
- $6,596,502
Location Insight
- City
- Pinecrest
- County
- Miami-dade
- State
- Florida
- Latitude
- 25.6799
- Longitude
- -80.3153
- 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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