Corner Retail
New
For Sale
Contact for pricing
9308 S Dixie Highway Unit N/A, Miami, FL 33156
Showroom space, private offices, and zoning for medical, professional office, and wellness uses offer flexible occupancy options.
Property Size6,750 SF
Lot Size0.15 Acres
Price / SF$0.01
Days on Market2
Property Features for 9308 S Dixie Highway Unit N/A
General Information
Standard status
Active
Size
6,750 SF
Total Parking Spaces
10
Lot size
0.15 Acres
Property subtype
Commercial
Zoning
6112 DKUC Center Sub District
Lease Term
[]
Site & Location
Corner Location
Yes
Traffic Count
50,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1953
Year Renovated
2018
Buildings
1
Stories
1
Listing Agency:
One Sotheby's International Realty
Listed By:
Carlos Areces
(305) 803-2205
Source:
Onesothebysrealty
Added: Oct 19
Last Checked: Oct 19 at 6:31AM
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 One Sotheby's International Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-story storefront property contains 4,228 square feet on a 6,750-square-foot corner parcel. The interior includes an open showroom, private offices, and large storefront windows. Renovated in 2018, the building has a recently installed roof and HVAC, with 10 on-site parking spaces. Zoning is 6112 DKUC Center Sub District, which allows retail, medical, professional office, and wellness uses.
The property fronts US-1 (South Dixie Hwy), where traffic exceeds 50,000 vehicles per day. It is in the Downtown Dadeland urban core near the Dadeland North and South Metrorail stations, with access to US-1, SR-878, SR-874, and SR-826.
The property fronts US-1 (South Dixie Hwy), where traffic exceeds 50,000 vehicles per day. It is in the Downtown Dadeland urban core near the Dadeland North and South Metrorail stations, with access to US-1, SR-878, SR-874, and SR-826.
Key Highlights
- 4,228 SF single‑story building on a 6,750 SF corner parcel
- Frontage on US‑1 (South Dixie Hwy), with 50,000+ vehicles per day
- 10 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$220,223
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,404,460
$4.4M
Cap Rate 7%
$3,146,043
$3.1M
Cap Rate 9%
$2,446,922
$2.4M
Market Conditions
NOI Build-Up for 6,750 SF
Gross rent
$350.7K $51.96/SF
− Vacancy
−$36.1K −$5.35/SF
EGI
$314.6K $46.61/SF
− OpEx
−$94.4K −$13.98/SF
NOI
$220.2K $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,404,460
Cap Rate 7%
$3,146,043
Cap Rate 9%
$2,446,922
Alternative Uses
Best Use
Retail
$3.15M
$2.75M – $3.67M
NOI $220,223 @ 7.0% cap · market cap 449,434.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.56M
$3.99M – $5.32M
NOI $318,941 @ 7.0% cap · market cap 650,900.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
50,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,775
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33156, FL
34,036
Population
13,215
Households
2.6
Avg Household Size
42
Median Age
66%
College-Educated
97%
High-School Grad
13.9 sq mi
ZIP Area
2,449
Density / Sq Mi
$134,720
Median Household Income
$66,117
Median Earnings
$1,936
Median Rent
$1,063,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Miami, FL
Similar Off Market Nearby
- Rustic Garden — 7700 camino real # d-106, miami, fl 33143
Frequently Asked Questions
What type of property is this?
Storefront property - Showroom space, private offices, and zoning for medical, professional office, and wellness uses offer flexible occupancy options.
Where is this storefront property located?
The property is located at 9308 S Dixie Highway Unit N/A Miami, FL.
What are key features of this property?
This property features: 4,228 SF single‑story building on a 6,750 SF corner parcel; Frontage on US‑1 (South Dixie Hwy), with 50,000+ vehicles per day; 10 on‑site parking spaces
