Retail/Automotive Property with Drive-In
17440 Northwest 2nd Avenue Miami, FL 33169
17440 Northwest 2nd Avenue, Miami, FL, 33169
Contact for pricing
For Sale
Contact for pricing
5,100± SF building on a fully fenced site with six drive-in doors and three-phase power.
Property Size5,181 SF
Price / SF$984.37
Days on Market15
Property Features for 17440 Northwest 2nd Avenue
General Information
- Standard status
- Active
- Size
- 5,181 SF
- Property subtype
- Retail, Industrial, Land
Listing agency
Smith Commercial Property Group
(786) 797-0903
Listed by
Santiago Moscoso · License #3581054
Source
Crexi
Added: Jul 7 Updated: Jul 21 at 1:31AM Checked: Jul 21 at 10:25AM
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 Smith Commercial Property Group
Investment Insights
Based on property information with market context.
17440 NW 2nd Ave presents a retail/automotive-flex building configured for active drive-in operations, with six drive-in doors and three-phase power. The property sits on a fully fenced lot and has undergone recent renovations, with completion of its 40-year recertification.
The asset is positioned along one of Miami-Dade’s highest-exposure commercial corridors, shadow-anchored by Walmart at the entrance to the Golden Glades Interchange. It offers strong accessibility to I-95, Florida’s Turnpike, and SR-826, supporting convenient ingress and egress for commercial traffic.
The flexible zoning is described as accommodating a range of retail and automotive-related uses, along with marine and other commercial uses, and it also allows for numerous industrial-oriented users. Seller financing is noted as available.
The asset is positioned along one of Miami-Dade’s highest-exposure commercial corridors, shadow-anchored by Walmart at the entrance to the Golden Glades Interchange. It offers strong accessibility to I-95, Florida’s Turnpike, and SR-826, supporting convenient ingress and egress for commercial traffic.
The flexible zoning is described as accommodating a range of retail and automotive-related uses, along with marine and other commercial uses, and it also allows for numerous industrial-oriented users. Seller financing is noted as available.
Key Highlights
- 5,100± SF building on a fully fenced site
- 24,658 SF lot with six drive‑in doors for retail/automotive or industrial use
- Three‑phase power on‑site
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $269.2k | $51.96 |
| − Vacancy | −$27.7k | −$5.35 |
| EGI | $241.5k | $46.61 |
| − OpEx | −$72.4k | −$13.98 |
| NOI | $169.0k | $32.63 |
5,181 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.41M
$2.11M – $2.82M
NOI $169,034 @ 7.0% cap · market cap 3.31%
Second Best
Flex RnD
$1.09M
$949.7K – $1.27M
NOI $75,974 @ 7.0% cap · market cap 1.49%
Theoretical Best
Specialty Retail
$3.50M
$3.06M – $4.08M
NOI $244,805 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
L&L Taller
Auto Repair Shop
L and L truck ...
Auto Repair Shop
Asia Auto Parts, ...
Auto Parts Store
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- Mercedes-Benz of Miami Parts Center — 1200 NW 167th St B, Miami, FL 33169
FAQs
What type of property is this?
Auto shop - 5,100± SF building on a fully fenced site with six drive-in doors and three-phase power.
Where is this auto shop located?
The property is located at 17440 Northwest 2nd Avenue Miami, FL.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: 5,100± SF building on a fully fenced site; 24,658 SF lot with six drive‑in doors for retail/automotive or industrial use; Three‑phase power on‑site
