12253 Dixie HwyMiami, FL 33156

Property Details for 12253 Dixie Hwy

Year built

1979

Construction

CONCRETE

Lot size

1.02 AC

Property size (Sq ft)

14,691 SF

Zone code

6400:COMMERCIAL,CENTRAL

Property type

Retail properties

Property subtype

Outlet malls

APN

20-5015-000-0440

APU

2050150000440

Description

This exceptional 1,200 square foot retail space is ideally situated at 12253 S Dixie Hwy in Pinecrest, Florida, zip code 33156. The property, zoned 6400, is a single-tenant building offering a versatile space suitable for a variety of businesses. Its prime location on a vibrant stretch of US-1 in Pinecrest ensures high visibility and accessibility. The building boasts ample parking, a significant advantage for customers and employees. Its proximity to The Falls mall, a major shopping destination, further enhances its appeal. The area is known for its strong public transportation, walkability, and proximity to major residential and employment centers, creating a thriving and diverse customer base. The property's location within a rich cultural environment adds to its desirability. Potential uses include, but are not limited to, retail stores, medical offices, laboratories, nightlife venues, and restaurants. The APN is 20-50-15-000-0440. This is a single-suite building with a total of 1,200 square feet. This presents a unique opportunity for businesses seeking a high-traffic location in a desirable and established community.

• CAP approach

  CAP return

  Valuation

  6%

  $15,233,362

  6.5%

  $14,061,565

  7%

  $13,057,168

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,844,158

  Geo Method

  $11,844,158

• Alternative Use

  Use

  Valuation

  Residential

  $11,861,456

  Hospitality

  $10,865,030

  Educational

  $9,039,578

  Medical

  $9,350,463

  Retail

  $14,061,565

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.6565

Longitude

-80.3277

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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