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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
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
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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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