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    195 NW 40Th St Miami, FL 33137

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    For Lease
    $3,900,000

    Freestanding corner property suitable for office or art gallery.

    Property size:
    4,144 SF
    Lot size:
    0.23 Acres

    Property Features for 195 NW 40Th St

    General Information

    Size
    4,144 SF
    Lot size
    0.23 Acres

    Source: Colliers | Miami Agent Pablo Camposano

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Corner Property Near Design District

    This freestanding corner property offers approximately 4,144 square feet of space, making it suitable for a private office or art gallery. Located two blocks west of the Design District, the property features a modern showroom buildout, including a kitchen and a full bathroom. On-site private parking is available. The property is situated on the corner of NW 40th Street and NW 2nd Avenue.
    Insight Report Location Intelligence

    Current Use by Public Records

    Exotikaz juice bar Juice Shop ADvantage Therapeutics Inc. Biotechnology Company Pink Corner by ... Restaurant

    Suggested Use

    Realty agency Law Firm Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Oriental Rugs Company, SCA Interior Design, Storia Flooring, Mitchell Gold + Bob Williams, Floor & Decor

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.191605
    Latitude
    25.813502

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    FAQs

    What type of property is this?
    Showroom - Freestanding corner property suitable for office or art gallery.
    Where is this showroom located?
    The property is located at 195 NW 40Th St Miami, FL.
    What are key features of this property?
    This property features: - Freestanding corner property with **±4,144 SF**; - Ideal for private office or art gallery; - Located 2 blocks west of the Design District
    (786) 210-2730
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    Miami, FL 33137
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    195 NW 40Th St Miami, FL 33137
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