Retail/Automotive Property with Drive-In
For Sale
Contact for pricing
17440 Northwest 2nd Avenue, Miami, FL 33169
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 Market106
Property Features for 17440 Northwest 2nd Avenue
General Information
Standard status
Active
Size
5,181 SF
Property subtype
Retail, Industrial, Land
Zoning
6500 COMMERCIAL - CLASSIFIED
Lease Type
Modified Gross
Building Details
Year Built
1977
Year Renovated
2026
Buildings
1
Units
3
Listing Agency:
Smith Commercial Property Group
Listed By:
George Smith · License #FL 3301920
(786) 797-0903
Source:
Crexi
Added: Jul 7
Changed: Oct 18
Last Checked: Oct 19 at 5:00AM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$169,034
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,380,680
$3.4M
Cap Rate 7%
$2,414,771
$2.4M
Cap Rate 9%
$1,878,156
$1.9M
Market Conditions
NOI Build-Up for 5,181 SF
Gross rent
$269.2K $51.96/SF
− Vacancy
−$27.7K −$5.35/SF
EGI
$241.5K $46.61/SF
− OpEx
−$72.4K −$13.98/SF
NOI
$169.0K $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,380,680
Cap Rate 7%
$2,414,771
Cap Rate 9%
$1,878,156
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 authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,115
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 33169, FL
42,308
Population
14,815
Households
2.9
Avg Household Size
37
Median Age
22%
College-Educated
85%
High-School Grad
6.8 sq mi
ZIP Area
6,222
Density / Sq Mi
$59,686
Median Household Income
$34,327
Median Earnings
$1,536
Median Rent
$352,800
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
Similar Off Market Nearby
- Denar Garage — 805 NW 159th Dr, Miami Gardens, FL 33169
- Mercedes-Benz of Miami Service Center — 1200 NW 167th St A, Miami, FL 33169
- Mercedes-Benz of Miami Parts Center — 1200 NW 167th St B, Miami, FL 33169
- Xtreme Collision Repairs Corp — 16580 nw 10th ave, miami gardens, fl 33169
- ABT Sportsline North America LP — 16560 NW 10th Ave, Miami, FL 33169
Frequently Asked Questions
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
