14951 Dixie Hwy Miami, FL 33176
- Outlet malls
- 10,954 SF
- 0.57 lot acres
Current Use by Public Records
- River marine supply / Marine Supply Store
Property Details for 14951 Dixie Hwy
- Year built
- 1966
- Construction
- CONCRETE
- Lot size
- 0.57 lot acres
- Property size
- 10,954 SF
- Zone code
- 6100:COMMERCIAL,NEIGHBRHD
- Property type
- Outlet malls
- APN
- 33-5021-016-0030
- APU
- 3350210160030
Description
This exceptional freestanding retail warehouse, located at 14951 S Dixie Hwy in Miami, Florida, presents a compelling investment opportunity. The property boasts a highly visible US-1 frontage in the thriving Palmetto Bay area, offering unparalleled exposure to a large customer base. With a total area of 10,500 square feet situated on a sizable 0.57-acre lot, this versatile space is perfectly suited for a variety of retail uses, including convenience stores, grocery stores, and pharmacies. Currently vacant, this property allows for immediate occupancy and customization to meet specific business needs. The building features 34 dedicated parking spaces, ensuring ample customer and employee parking, and convenient street-level loading facilities for efficient operations. Safety and comfort are prioritized with an existing HVAC system and a dry fire sprinkler system already in place. The asking price for this owner-user investment opportunity is $4,750,000. The property's prime location, ample space, and excellent amenities make it an ideal choice for entrepreneurs and investors seeking a high-impact retail presence in a dynamic South Florida market. The property is zoned for convenience store, grocery store, and pharmacy/drug uses. This single-tenancy building is ready for immediate occupancy. The zip code is 33176, located in Miami-Dade County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,920,000
- 6.5%
- $3,740,000
- 7%
- $3,910,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,710,000
- Geo Method
- $3,870,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,040,000
- Retail
- $3,780,000
- Mixed-Use
- $4,275,000
- Hospitality
- $4,850,000
- Educational
- $4,585,000
- Residential Income
- $4,470,000
- Energy
- $4,815,000
- Income-Based Land
- $4,570,000
- Food Service
- $4,840,000
Location Insight
- Map
- Local Demand
- City
- Palmetto Bay
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.3392
- Latitude
- 25.6311
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
