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12740-12750 W Dixie Hwy
North Miami, FL 33161
Value-Add Retail Center Fronting Dixie Hwy · Retail Property For Sale
Investment Highlights
- Zoned Permitted for Medical Marijuana Dispensary
- Heavy Traffic Road approx 30,000 autos daily
- Excellent Visibility Dixie Hwy Frontage
- Value-Add Retail Plaza with Below Market Rents
- Short Term Leases
- Seller Financing Available
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
5,383 SF
Building Class
C
Year Built
1955
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.64
Lot Size
0.19 AC
Zoning
6000 - Liberal Mixed-Use, permitted MM Dispensary
Parking
15 Spaces (2.79 Spaces per 1,000 SF Leased)
Frontage
95’ on W Dixie Hwy
About 12740-12750 W DIXIE HWY , NORTH MIAMI, FL 33161
Property Overview Tremendous opportunity for an experienced landlord to capitalize on this property's potential income! Lease rates are UNDER market value. Three of the four tenants each occupy approx 1,000 sf while the restaurant occupies approx 2,445 sf and uses the second floor for additional storage. All but the restaurant are on short term leases. There's plenty of parking in the front, side and rear of the building.Current closed retail leases in the area are between $15$18 PSF. Future Land Use Designation (FLU) Located within the city's CRA *Seller Financing Available*
Property Taxes
| Parcel Number | 06-2230-004-0290 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $713,446 |
Property Taxes
Parcel Number
06-2230-004-0290
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$713,446
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