Freestanding Office Building For
For Sale
$1,790,000
9443 Old Dixie Hwy, Miami, FL 33156
Freestanding office building with ample parking and convenient transportation access.
Property Size2,063 SF
Price / SF$867.67
Days on Market282
Property Features for 9443 Old Dixie Hwy
General Information
Standard status
Active
Size
2,063 SF
Building Details
Year Built
1946
Listing Agency:
E. L. S. Realty Corp.
Listed By:
Edward L Schmidt · License #0473167
(786) 697-6223
Source:
Thepennteam
Added: Jan 26
Changed: Oct 26
Last Checked: Oct 7 at 2:11PM
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 E. L. S. Realty Corp.
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Investment Insights
Based on property information with market context.
This freestanding building is built out as an office space. It features a parking ratio of 4.5 spaces per 1,000 square feet. The property is situated in close proximity to retailers and restaurants. The Dadeland South Metrorail Station is within walking distance. Easy access is available to South Dixie Highway (US 1) and the Palmetto Expressway (SR 826).
Key Highlights
- Walking distance to Dadeland South Metrorail Station
- 4.5/1,000 parking
- Freestanding building built‑out as an office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,182
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,183,640
$1.2M
Cap Rate 7%
$845,457
$845.5K
Cap Rate 9%
$657,578
$657.6K
Market Conditions
NOI Build-Up for 2,063 SF
Gross rent
$92.8K $45.00/SF
− Vacancy
−$13.9K −$6.75/SF
EGI
$78.9K $38.25/SF
− OpEx
−$19.7K −$9.56/SF
NOI
$59.2K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,183,640
Cap Rate 7%
$845,457
Cap Rate 9%
$657,578
Alternative Uses
Best Use
Office B
$845.5K
$739.8K – $986.4K
NOI $59,182 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.39M
$1.22M – $1.62M
NOI $97,478 @ 7.0% cap · market cap 5.45%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,688
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office building - Freestanding office building with ample parking and convenient transportation access.
Where is this office building located?
The property is located at 9443 Old Dixie Hwy Miami, FL.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: Walking distance to Dadeland South Metrorail Station; 4.5/1,000 parking; Freestanding building built‑out as an office
