9855 Dixie HwyPinecrest, FL 33156

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

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.

• 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

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

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