This exceptional 6,640 square foot free-standing office building, situated at 13595 S Dixie Hwy in Pinecrest, Florida, presents a unique leasing opportunity. Built in 1962, this single-story Class B building boasts a prime location on the northeast corner of South Dixie Highway and 136th Street, offering unparalleled visibility and accessibility. Previously a bank branch, the property features four drive-thru lanes, a significant advantage for businesses requiring convenient customer access. The building offers ample parking with 30 spaces, ensuring convenient parking for tenants and clients. The BU-2 zoning allows for a variety of uses, making it suitable for various businesses, including retail or medical practices such as adult or general daycare facilities. The property is conveniently located adjacent to the new Dixie Highway overpass leading to a public transit station, providing excellent connectivity. This thriving area offers a blend of commercial and recreational amenities, with nearby access to The Falls shopping center and Matheson Hammock Park. The location provides easy access to major roadways, including US-1. The lease term is a maximum of two years. The APN is 20-5015-057-0010.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$9,846,537
6.5%
$9,089,111
7%
$8,439,889
Comparable approach
Method
Valuation
Relative Method
$7,650,510
Geo Method
$7,650,510
Alternative Use
Use
Valuation
Residential
$7,667,005
Hospitality
$7,022,936
Educational
$5,843,000
Medical
$6,043,950
Retail
$9,089,111
Location Insight
City
Pinecrest
County
Miami-dade
State
Florida
Latitude
25.6444
Longitude
-80.3324
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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