This exceptional opportunity presents multiple second-generation restaurant and retail spaces, ideally situated on the ground floor of a prestigious 475,000 square foot office complex in Coral Gables, Florida. Located at 800 Douglas Road, zip code 33134, this property benefits from its prime location within the vibrant Miami-Dade County area. The spaces are part of Douglas Entrance, a unique campus-style office park comprised of five buildings, including three contemporary Class A buildings totaling approximately 428,000 rentable square feet and one historic building offering an additional 47,000 rentable square feet. The complex boasts a stunning central plaza featuring a grand fountain, interconnected covered loggias, and meticulously landscaped grounds, creating a truly one-of-a-kind business environment within the urban core of Coral Gables. On-site amenities include 24/7 security, a gourmet deli, a restaurant, a fitness center, conference facilities, and a historic 500-person ballroom, providing tenants and their employees with unparalleled convenience and comfort. These versatile spaces are perfect for a variety of retail and restaurant concepts, offering high visibility and access to a thriving professional community. The property's location in Coral Gables ensures high foot traffic and a strong customer base.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$53,565,164
6.5%
$49,444,768
7%
$45,913,000
Comparable approach
Method
Valuation
Relative Method
$23,753,018
Geo Method
$23,753,018
Alternative Use
Use
Valuation
Residential
$61,311,512
Hospitality
$56,161,016
Educational
$46,725,304
Medical
$48,332,260
Retail
$72,683,808
Location Insight
City
Coral Gables
County
Miami-dade
State
Florida
Latitude
25.7639
Longitude
-80.2563
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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