Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11293-11535 Dixie Hwy Pinecrest, FL 33156

    • Retail properties
    • 81,852 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 11293-11535 Dixie Hwy

    Property size
    81,852 SF
    Property type
    Retail properties

    Description

    This exceptional retail opportunity presents itself at the Suniland Shopping Center, located at 11293-11535 South Dixie Hwy, Miami, FL 33156, in the vibrant Pinecrest community of Miami-Dade County. The center offers a total of 81,852 square feet of retail space, with multiple units currently available for lease. Individual spaces range from a minimum of 822 square feet to a maximum contiguous space of 3,977 square feet, providing flexibility for a variety of businesses. Currently, there are 5,676 square feet of vacant space ready for immediate occupancy. This property's strategic location on South Dixie Highway ensures high visibility and accessibility for customers. The property is classified as a multi-tenant retail center, ideal for businesses seeking a thriving commercial environment. The address is easily accessible and situated within a well-established commercial area. This presents a unique chance to establish or expand your business in a high-traffic location within a bustling community. Interested parties are encouraged to inquire about available space and lease terms. The property is situated in Miami-Dade County, Florida, offering a prime location within a dynamic market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pinecrest
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3233
    Latitude
    25.6655

    Comparable in this City

    • Value Estimation by Request

      Pizzeria Take Out For Sale In Pinecrest

      Restaurants
      0 Pizzeria Take Out For Sale In Pinecrest, Pinecrest, FL 33156
      View Details
    • Value Estimation by Request
      740 SF

      Coffee Shop For Sale In High Traffic Mall In Miami

      Restaurants • 740 SF
      0 Coffee Shop For Sale In High Traffic Mall In Miami, Miami, FL 33156
      View Details
    • Value Estimation by Request

      9608 77Th Ave

      Individual retail properties
      9608 77Th Ave, Kendall, FL 33156
      View Details
    • Value Estimation by Request

      12303 Pinecrest Pkwy

      Retail properties
      12303 Pinecrest Pkwy, Pinecrest, FL 33156
      View Details
    • Value Estimation by Request

      Full-Service Beauty Salon For Sale In Pinecrest

      Individual retail properties
      0 Full-Service Beauty Salon For Sale In Pinecrest, Pinecrest, FL 33156
      View Details
    • Value Estimation
      $1,655,000
      3,700 SF

      9711 77th Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,700 SF
      9711 77th Ave, Miami, FL 33156-2616
      View Details

    Similar Nearby for Sale

    • $140,000

      Prime Pinecrest Beauty Salon

      Established Salon, Turnkey Opportunity
      0 Full-Service Beauty Salon For Sale In Pinecrest, Pinecrest, FL 33156
      View Details
    • $10,500,000
      3,585 SF

      Prime Pinecrest Chick-fil-A

      High-return NNN ground lease; strong tenant.
      13001 Dixie Hwy, Pinecrest, FL 33156
      View Details
    • $4,500,000
      3,604 SF

      Pinecrest Retail Center: Prime Location

      High-exposure retail space, ample parking.
      Pinecrest, FL 33156
      View Details
    • $75,000

      Pinecrest Pizzeria - Turnkey Opportunity

      Established Pizzeria, High Sales, Prime Location
      0 Pizzeria Take Out For Sale In Pinecrest, Pinecrest, FL 33156
      View Details
    • Contact for pricing
      13,001 SF

      Retail Space on Dixie Highway

      6,500 SF retail space in high-traffic area.
      9855 S Dixie Hwy, Miami, FL 33156
      View Details
    • $350,000

      Turnkey Restaurant Opportunity in Pinecrest

      Fully equipped restaurant for sale in prime Pinecrest location.
      Fully Turnkey Restaurant For Sale In The Heart Of Pinecrest, Pinecrest, FL 33156
      View Details

    Similar Nearby for Lease

    • $70 SF/Yr
      1,100 SF

      Prime Pinecrest Retail Space

      1,200 SF Retail Building, High Traffic
      12253 Dixie Hwy, Miami, FL 33156
      View Details
    • Contact for pricing
      4,730 SF

      Pinecrest Shops: Prime Retail Space

      South Miami Strip Mall - High Traffic Area
      12303 Pinecrest Pkwy, Pinecrest, FL 33156
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in New Development

      Retail space available in a high-traffic, affluent South Florida market.
      7800 SW 104Th St, Miami, FL 33156
      View Details
    • Contact for pricing
      5,322 SF

      Retail Space in Kendall Plaza

      5,322 SF retail space with high visibility.
      9795 S Dixie Hwy, Miami, FL 33156
      View Details
    • Contact for pricing

      Retail Center on US HWY1

      Shopping center with diverse shops and restaurants on high-traffic corridor.
      11293-11535 South Dixie Hwy, Miami, FL 33156
      View Details
    • Contact for pricing
      2,910 SF

      Downtown Dadeland Retail Space Available

      Retail spaces in mixed-use development near Dadeland Mall.
      7250 N Kendall Dr, Miami, FL 33156
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11293-11535 Dixie Hwy
    Pinecrest, FL 33156
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.