Cold Storage
For Sale
Contact for pricing
1445 NW 23rd St, Miami, FL 33142
3,469 SF industrial warehouse built for cooler/freezer storage with loading access for temperature-controlled operations.
Property Size3,469 SF
Price / SF$3.75
Days on Market198
Property Features for 1445 NW 23rd St
General Information
Standard status
Active
Size
3,469 SF
Property subtype
Industrial
Site & Location
Neighborhood
Roads
Highway Access
Yes
Warehouse & Industrial
Cold Storage
Yes
Cold Storage Area
3,469 SF
Building Details
Building Size
3,469 SF
Year Built
1991
Buildings
1
Listing Agency:
Fausto Commercial Realty Consultants Inc
Listed By:
Ernesto Diaz · License #3124735
(954) 743-7594
Source:
Batrare
Added: Apr 17
Changed: Oct 31
Last Checked: Oct 30 at 11:39PM
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 Fausto Commercial Realty Consultants Inc
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Investment Insights
Based on property information with market context.
This cooler/freezer-ready industrial warehouse includes a functional layout designed to support temperature-controlled storage and food-related use. The property offers a 3,469 SF building equipped for cooler/freezer operations, with convenient loading access and infrastructure intended for refrigerated storage needs.
Located at 1445 NW 23rd Street in Miami’s urban core, the facility provides access to major transportation routes, including Interstate 95, and is near Miami International Airport. The surrounding area is described as an active industrial base, supporting logistics and distribution activities.
Built in 1991, the site is positioned for companies seeking ready-to-use cold storage capacity for operations such as food distribution, catering, or seafood/meat processing that require temperature-controlled storage.
Located at 1445 NW 23rd Street in Miami’s urban core, the facility provides access to major transportation routes, including Interstate 95, and is near Miami International Airport. The surrounding area is described as an active industrial base, supporting logistics and distribution activities.
Built in 1991, the site is positioned for companies seeking ready-to-use cold storage capacity for operations such as food distribution, catering, or seafood/meat processing that require temperature-controlled storage.
Key Highlights
- 3,469 SF warehouse equipped for cooler/freezer use
- Cold storage facility with convenient loading access
- Built in 1991
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,591
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,131,820
$1.1M
Cap Rate 7%
$808,443
$808.4K
Cap Rate 9%
$628,789
$628.8K
Market Conditions
NOI Build-Up for 3,469 SF
Gross rent
$69.9K $20.16/SF
− Vacancy
−$3.4K −$0.97/SF
EGI
$66.6K $19.19/SF
− OpEx
−$10.0K −$2.88/SF
NOI
$56.6K $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%
$1,131,820
Cap Rate 7%
$808,443
Cap Rate 9%
$628,789
Alternative Uses
Best Use
Warehouse
$808.4K
$707.4K – $943.2K
NOI $56,591 @ 7.0% cap · market cap 435.32%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.34M
$2.05M – $2.73M
NOI $163,912 @ 7.0% cap · market cap 1,260.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,519
Businesses Nearby
Explore this area
Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Miami, FL
Frequently Asked Questions
What type of property is this?
Refrigerated & cold storage - 3,469 SF industrial warehouse built for cooler/freezer storage with loading access for temperature-controlled operations.
Where is this refrigerated & cold storage located?
The property is located at 1445 NW 23rd St Miami, FL.
What are key features of this property?
This property features: 3,469 SF warehouse equipped for cooler/freezer use; Cold storage facility with convenient loading access; Built in 1991
