7200 39Th Ter Miami, FL 33155
- Office buildings
- 2,248 SF
- 0.26 lot acres
Current Use by Public Records
- Office buildings
Property Details for 7200 39Th Ter
- Year built
- 1949
- Construction
- CONCRETE
- Lot size
- 0.26 lot acres
- Property size
- 2,248 SF
- Zone code
- 6400:COMMERCIAL,CENTRAL
- Property type
- Office buildings
- APN
- 30-4014-008-4230
- APU
- 3040140084230
Description
This exceptional mixed-use investment opportunity is situated on a sizable 11,259 square foot lot in Miami, Florida, just off bustling Bird Road on 39th Terrace, near the corner of SW 72nd Avenue. The property features a single-story, 2,248 square foot building constructed in 1949, offering ample space for a variety of commercial uses. The building is fully air-conditioned and provides significant potential for redevelopment or continued operation. The property's BU2 zoning allows for a wide range of commercial applications, including office space, retail establishments, or other mixed-use business ventures. Ample parking is available, ensuring convenience for both employees and customers. The property's location in a high-traffic area presents an excellent opportunity for investors seeking strong returns. The asking price is $1,375,000. The property's APN is 3040140084230. This is a rare chance to acquire a well-positioned commercial property with significant upside in a thriving Miami neighborhood. Don't miss this chance to capitalize on this prime location and its diverse possibilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $835,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,305,000
- 6.5%
- $1,155,000
- 7%
- $1,300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,165,000
- Geo Method
- $1,115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,010,000
- Retail
- $1,065,000
- Mixed-Use
- $1,355,000
- Hospitality
- $1,305,000
- Educational
- $1,355,000
- Residential Income
- $1,240,000
- Energy
- $1,340,000
- Income-Based Land
- $1,010,000
- Food Service
- $1,065,000
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.3113
- Latitude
- 25.7337
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
