9799 Dixie HwyMiami, FL 33156

Property Details for 9799 Dixie Hwy

Year built

1976

Construction

CONCRETE

Lot size

0.37 AC

Property size (Sq ft)

4,050 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Retail properties

Property subtype

Other automotive properties

APN

20-5002-045-0010

APU

2050020450010

Description

Exceptional investment opportunity: a 3,604 square foot auto shop, garage, and storefront located at 9799 S Dixie Highway in Miami, Florida, 33156. This single-story building sits on a 16,091 square foot lot and is priced at $4,500,000 ($1,248.61 per square foot). The property boasts prime South Dixie Highway (US 1) frontage, ensuring high visibility and accessibility. The well-maintained building is zoned BU-1, allowing for restricted commercial development within the Village of Pinecrest. Ample free parking is available for customers and employees. This owner-user opportunity presents a rare chance to acquire a strategically located business hub in a thriving area. The location offers immediate access to major transportation arteries, including South Dixie Highway and SR-826, and is within walking distance of Metrorail, shopping, and dining options. This is a single-unit building in Miami-Dade County.

• CAP approach

  CAP return

  Valuation

  6%

  $4,131,174

  6.5%

  $3,813,392

  7%

  $3,541,006

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,217,714

  Geo Method

  $3,217,714

• Alternative Use

  Use

  Valuation

  Residential

  $3,216,738

  Hospitality

  $2,946,515

  Educational

  $2,451,466

  Medical

  $2,535,776

  Retail

  $3,813,392

Location Insight

City

Pinecrest

County

Miami-dade

State

Florida

Latitude

25.6797

Longitude

-80.3165

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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