20630 S Dixie Hwy, Miami, FL 33189
Commercial land
- Added:
- Jul 7, 2025
- Days on Market:
- 367
- Last Refresh:
- Jun 21 at 1:00 pm
Property Features for 20630 S Dixie Hwy
General Information
- Standard status
- Active
- Size
- 3,750 SF
- Lot size
- 0.44 Acres
- Property subtype
- Retail, Land
Listing office Marcus & Millichap
Listing date Jul 7, 2025
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap
HighLights
- Prime location at the signalized intersection of US‑1 and SW 112th Avenue, boasting high traffic counts.
- Adjacency to the $1.5 billion Southplace City Center redevelopment.
- Excellent visibility with approximately 360 feet of frontage on South Dixie Highway.
- Flexible zoning with multiple potential tenants expressing interest.
- Proximity to established national retailers and dense residential neighborhoods.
- Access to public transit via the South Dade Transitway.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $194.9k | $51.96 |
| − Vacancy | −$20.1k | −$5.35 |
| EGI | $174.8k | $46.61 |
| − OpEx | −$52.4k | −$13.98 |
| NOI | $122.3k | $32.63 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.146785
- Latitude
- 25.966604
