7900 36Th StDoral, FL 33166

Property Details for 7900 36Th St

Year built

1990

Construction

CONCRETE

Lot size

0.70 AC

Property size (Sq ft)

9,692 SF

Zone code

6400:COMMERCIAL,CENTRAL

Property type

Retail properties

Property subtype

Gas stations

APN

35-3027-031-0040

APU

3530270310040

Description

Doral Atrium presents a unique redevelopment opportunity in a thriving Doral location. This project encompasses approximately 78,340 square feet of commercial space, currently undergoing transformation from an existing office complex. The site, situated on the northwest corner of Doral Boulevard and 79th Avenue, offers exceptional visibility and accessibility. The property includes 225 parking spaces to serve the retail tenants. Flexible space is available, ranging from 1,400 to 10,000 square feet, catering to a variety of retail businesses. Currently, 27,623 square feet are vacant, providing immediate occupancy potential. The 5.23-acre site benefits from its proximity to City Place Doral, a vibrant mixed-use development featuring a cinema, grocery store, residential units, and single-family homes. Furthermore, Downtown Doral, with its extensive residential and retail offerings, is just minutes away. This strategic location ensures high foot traffic and strong potential for tenant attraction. The development also includes a separate, eight-level residential project with 350 multi-family units and an additional 562 parking spaces, further enhancing the area's vibrancy and attracting a substantial resident population. This is an exceptional opportunity to establish a presence in a rapidly growing and affluent community. The cross streets are NW 36th Street & 79th Avenue.

• CAP approach

  CAP return

  Valuation

  6%

  $4,039,446

  6.5%

  $3,728,719

  7%

  $3,462,382

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,444,738

  Geo Method

  $3,444,738

• Alternative Use

  Use

  Valuation

  Residential

  $3,145,314

  Hospitality

  $2,881,091

  Educational

  $2,397,034

  Medical

  $2,479,472

  Retail

  $3,728,719

Location Insight

City

Doral

County

Miami-dade

State

Florida

Latitude

25.809

Longitude

-80.3257

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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