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    1950 87Th St Doral, FL 33172

    For Lease
    $0.09 SF/Yr

    High-traffic Doral retail space, excellent visibility.

    Lot size:
    5,039 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5,039-square-foot retail space, located at 1950 NW 87th Avenue in Doral, Florida, 33172, presents a unique opportunity for a single-tenant business. The property boasts a prime location with high traffic volume, benefiting from its end-cap unit position and direct plaza entrance exposure. The interior features a high-ceiling entryway leading to a welcoming reception area. A spacious open floor showroom provides ample room for displays or operations, complemented by two private offices for administrative tasks. A convenient lunch room and ample storage space cater to employee needs. A dedicated phone/computer room is situated on the first floor. A staircase and elevator provide access to the second floor, which includes five offices with glass views, three cubicle spaces, and a dedicated conference room area. This versatile space is ideal for a variety of retail or professional office uses. Its proximity to the SR836 (Dolphin Expressway), less than one mile to the north, ensures easy accessibility for customers and employees. This property offers a combination of high visibility, functional layout, and convenient location, making it an attractive investment opportunity.

    Property Features for 1950 87Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,039 SF

    Unit(s) available at that property

    Space
    Size
    5,039 SF
    Rate per SF
    $0.09
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Doral
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3376891
    Latitude
    25.7927286

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    FAQs

    What type of property is this?
    Retail property - High-traffic Doral retail space, excellent visibility.
    Where is this retail property located?
    The property is located at 1950 87Th St Doral, FL.
    What is the lease rate?
    The lease rate is $0.09 SF/Yr.
    Request Owner's contact information
    1950 87Th St Doral, FL 33172
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    Doral, FL 33172
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1950 87Th St Doral, FL 33172
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