Property profile

9443 Old Dixie Hwy Miami, FL 33156

FOR SALE
Office buildings
Property ID
US18-4345151
1,675 SF 0.16 ac lot Built 1946
Entity Owned 8-yr Hold Free & Clear
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9443 Old Dixie Hwy, Miami, FL 33156 For Sale
$1,790,000 1,675 SF
9443 Old Dixie Hwy, Miami, FL 33156
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Property summary

AI-generated overview

This exceptional freestanding office building, located at 9443 Old Dixie Hwy in Miami, Florida, presents a unique investment opportunity. Built in 1946, the property boasts a total building area of 2,063 square feet situated on a generous 7,100 square foot lot. The single-story building offers ample space for a variety of office uses and is currently configured as a functional office space. Parking is readily available with a ratio of 4.5 spaces per 1,000 square feet. The property's strategic location offers unparalleled convenience and accessibility. It's within walking distance of numerous stores, hotels, and restaurants, ensuring a vibrant and convenient environment for both employees and clients. Furthermore, its proximity to the Metrorail Dadeland South Station provides easy access to public transportation, enhancing its appeal. The building's location near South Dixie Highway and the SR-826 (Palmetto Expressway) ensures excellent connectivity to major roadways, facilitating seamless commutes and transportation throughout the Miami area. The asking price for this well-positioned Miami office building is $1,925,000. This represents a compelling opportunity to acquire a valuable asset in a thriving commercial district. The zip code is 33156.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1946
Construction CONCRETE
Total area 1,675 SF
Lot 0.16 ac (7,100 SF)
Zoning code 6112:DKUC CENTER SUB DIST
APN 30-5002-011-0030
UPID US18-4345151

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9443 Old Dixie Hwy Miami, FL 33156
Miami metro Census 7809 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$570k
CAP Approach CAP
$790k
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$865k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

6112:DKUC CENTER SUB DIST · Miami, FL
Top alternative use upside
Commercial (general) $1.2M +42.1%
Auto repair, garage $1.1M +25.7%
Retail stores $960,000 +10.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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