This exceptional Coral Gables restaurant space, located at 4019 S Le Jeune Rd, is available for lease. The 2,980 square foot single-tenant property sits on a 0.11-acre lot (4,850 square feet total) in Miami-Dade County (APN: 03-4120-017-0310). Boasting 50 feet of frontage on Le Jeune Road, this high-visibility location benefits from an average daily traffic count of 26,000 vehicles. Le Jeune Road is a major arterial corridor, providing excellent access to various neighborhoods and destinations throughout Coral Gables and Miami-Dade County. The property faces Southwest 42nd Avenue (also known as Le Jeune Road) and is move-in ready, perfectly suited for a thriving restaurant. This is an ideal opportunity for restaurateurs seeking a dynamic location in a vibrant area of Coral Gables, Florida (zip code 33146). The property is situated at latitude 25.734282412459564 and longitude -80.26161814054282.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,750,340
6.5%
$2,538,776
7%
$2,357,434
Comparable approach
Method
Valuation
Relative Method
$1,550,201
Geo Method
$1,550,201
Alternative Use
Use
Valuation
Residential
$2,538,776
Hospitality
$2,325,505
Educational
$1,934,793
Medical
$2,001,333
Retail
$3,009,678
Location Insight
City
Coral Gables
County
Miami-dade
State
Florida
Latitude
25.7343
Longitude
-80.2618
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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