Manufacturing Property with
0000 NW 77 Avenue, Miami, FL 33166
For Sale
$1,450,000
Operating outdoor kitchen design and manufacturing business includes a public-facing showroom, equipment, vehicles, and two warehouse leases.
Property Size7,000 SF
Days on Market51
Property Features for 0000 NW 77 Avenue
General Information
Standard status
Size
Property subtype
Additional Details
Business Included
Building Details
Building Size
Listing Agency:
Douglas Elliman
Listed By:
Miguel J Solis · License FL #0624178
(305) 343-9554
Source:
Silverleafrealtygroup
Added: Sep 23
Changed: Nov 5
Last Checked: Nov 10 at 3:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
An outdoor kitchen design and manufacturing company operating in the Miami-Dade market is offered with its book of business, inventory, machinery, trucks and vans, and a built-out showroom. The business has operated since early 2000 and employs 12 people. The transaction also includes leases on two warehouses.
The company serves customers across Miami-Dade and surrounding areas, with access to major transportation corridors. Its customer base includes contractors, designers, builders, and homeowners.
The company serves customers across Miami-Dade and surrounding areas, with access to major transportation corridors. Its customer base includes contractors, designers, builders, and homeowners.
Key Highlights
- Outdoor kitchen design and manufacturing business operating since early 2000
- 12 employees
- Includes leases on 2 warehouses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,194
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,283,880
$2.3M
Cap Rate 7%
$1,631,343
$1.6M
Cap Rate 9%
$1,268,822
$1.3M
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$141.1K $20.16/SF
− Vacancy
−$6.8K −$0.97/SF
EGI
$134.3K $19.19/SF
− OpEx
−$20.2K −$2.88/SF
NOI
$114.2K $16.31/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,283,880
Cap Rate 7%
$1,631,343
Cap Rate 9%
$1,268,822
Alternative Uses
Best Use
Warehouse
$1.63M
$1.43M – $1.90M
NOI $114,194 @ 7.0% cap · market cap 7.88%
Second Best
Industrial
$1.34M
$1.18M – $1.57M
NOI $94,042 @ 7.0% cap · market cap 6.49%
Theoretical Best
Specialty Retail
$4.73M
$4.13M – $5.51M
NOI $330,753 @ 7.0% cap · market cap 22.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
Explore this area
Business Placement
Demographics for 33166, FL
26,106
Population
10,838
Households
2.4
Avg Household Size
41
Median Age
42%
College-Educated
83%
High-School Grad
7.9 sq mi
ZIP Area
3,305
Density / Sq Mi
$78,166
Median Household Income
$39,744
Median Earnings
$1,766
Median Rent
$489,200
Median Home Value
Market
Average Price Trend$/SF for Manufacturing properties in Miami, FL
Properties on Market for Manufacturing properties in Miami
Vacancy Rate% for Industrial in Miami, FL
Frequently Asked Questions
What type of property is this?
Manufacturing property - Operating outdoor kitchen design and manufacturing business includes a public-facing showroom, equipment, vehicles, and two warehouse leases.
Where is this manufacturing property located?
The property is located at 0000 NW 77 Avenue Miami, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Outdoor kitchen design and manufacturing business operating since early 2000; 12 employees; Includes leases on 2 warehouses
