9855 Dixie HwyPinecrest, FL 33156

  • Retail properties
  • 13,001 SF
For Lease
$70/SF/YR View listing

Property Details for 9855 Dixie Hwy

Year built
1997
Construction
CONCRETE
Lot size
0.34 AC
Property size (Sq ft)
13,001 SF
Zone code
6400:COMMERCIAL,CENTRAL
Property type
Retail properties
Property subtype
Outlet malls
APN
20-5002-040-0020
APU
2050020400020

Description

This exceptional two-story, 13,001 square foot standalone retail building is ideally situated at 9855 S Dixie Highway in Pinecrest, Florida (zip code 33156). The property boasts excellent visibility and frontage on South Dixie Highway (US-1), offering unparalleled exposure to high traffic volume. Its strategic location also provides convenient access from the Palmetto Expressway (SR-826), further enhancing its accessibility. The building features ample space suitable for a variety of retail or showroom uses. The property's prominent location in the heart of Pinecrest places it within close proximity to numerous other retail establishments and restaurants, ensuring a thriving commercial environment. The building is offered at a rate of $34.00 per square foot, NNN. The property includes pylon and façade signage opportunities, maximizing brand visibility. The APN is 20-5002-040-0020. This is a single-tenancy property, presenting a unique opportunity for a business seeking a high-impact location in a desirable South Florida market. The building's two stories provide flexibility for various retail configurations. This prime retail space offers a compelling combination of location, size, and visibility, making it an attractive investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,271,510
    6.5%
    $12,250,624
    7%
    $11,375,580
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,336,165
    Geo Method
    $10,336,165
  • Alternative Use

    Use
    Valuation
    Residential
    $10,333,860
    Hospitality
    $9,465,760
    Educational
    $7,875,402
    Medical
    $8,146,248
    Retail
    $12,250,624
9855 Dixie Hwy, Pinecrest, Florida

Location Insight

City
Pinecrest
County
Miami-dade
State
Florida
Latitude
25.6788
Longitude
-80.317
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
$75,378
$2,999,025
$2,750,975
$5,750,000
-
$2,999,025
$2,750,975
$5,750,000

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