4019 Le Jeune RdCoral Gables, FL 33146

Property Details for 4019 Le Jeune Rd

Year built

1950

Construction

CONCRETE

Lot size

0.11 AC

Property size (Sq ft)

2,980 SF

Zone code

6400:COMMERCIAL,CENTRAL

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

03-4120-017-0310

APU

341200170310

Description

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.

• 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

Property Tax & Assessments

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