Property profile

9775 Dixie Hwy Pinecrest, FL 33156

OFF-MARKET
Outlet malls
Property ID
US18-5006103
7,670 SF 0.49 ac lot Built 1951
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 9775 S Dixie Hwy in Pinecrest, Florida, presents a compelling investment opportunity. The building, constructed in 1951, boasts an excellent location directly on US-1, ensuring high visibility and significant foot traffic. Offered at $4,900,000, this property is ideal for a discerning investor seeking a well-situated retail space in a thriving Miami-Dade County community. The property's address is 9775 S Dixie Hwy, Pinecrest, FL 33156, placing it within a vibrant commercial corridor. The property type is classified as retail, offering significant potential for a variety of businesses. Its strategic location on US-1 provides unparalleled access and exposure to a large customer base. The building's age, while indicating a potential for renovation or modernization, also suggests a solid foundation and established presence within the community. This presents a unique chance to acquire a well-positioned retail asset in a desirable area of South Florida. Further due diligence is recommended to fully assess the property's potential and suitability for specific business ventures. The property's geographic coordinates are 25.680162 latitude and -80.316194 longitude.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1951
Construction CONCRETE
Total area 7,670 SF
Lot 0.49 ac (21,205 SF)
Zoning code 6400:COMMERCIAL,CENTRAL
APN 20-5002-045-0020
UPID US18-5006103

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Furniture & Home Goods Home Decor Store

Location

9775 Dixie Hwy Pinecrest, FL 33156-2806
Pinecrest metro Census 7807 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.10M
CAP Approach CAP
$3.85M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.10M

Owner & transaction history

since 2024
Last sale
$3.1M
4 recorded transactions
2024
$3.7M
2018
$3.1M
2011
Price N/A
2008
Price N/A

Zoning & alternative use

6400:COMMERCIAL,CENTRAL · Pinecrest, FL
Top alternative use upside
Auto repair, garage $5.0M +14.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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