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    Allapattah Retail/Industrial Flex Property

    2030 NW 22nd Ave 2030 Miami, FL 33142

    2030 NW 22nd Ave 2030, Miami, FL, 33142
    $3,495,000
    For Sale
    Claim this Listing
    $3,495,000

    Retail/industrial flex property in Allapattah, near major transportation routes.

    Property Size10,920 SF
    Lot Size0.44 Acres
    Price / SF$320.05
    AddedMay 8, 2025
    Days on Market435
    Last RefreshJul 15 at 1:52 pm

    Property Features for 2030 NW 22nd Ave 2030

    General Information

    Standard status
    Active
    Size
    10,920 SF
    Lot size
    0.44 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1982

    Listing office Current Capital Realty

    Listing date May 8, 2025

    Source Exitrealty

    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 Current Capital Realty

    Investment Insights

    Based on property information with market context.

    Located in the Allapattah neighborhood of Miami, Florida, this retail/industrial property was built in 1982. The building offers approximately 10,920 square feet of leasable space, situated on an approximately 19,140 square foot lot. The property features 8 retail/flex bays, with 4 storefront bays and 4 bays with overhead door openings. Its location provides accessibility to major thoroughfares including I-95, Florida Turnpike, 836, and 112. The property is located approximately 4 miles from Downtown Miami, 5 miles from the Port of Miami, and 2.8 miles from Miami International Airport.

    Key Highlights

    • Priced at $333 per SQFT.
    • 10,920 leasable SQFT building on a 19,140 square foot lot.
    • Located in the Allapattah neighborhood.

    Local Financial Insights For Warehouse

    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 $220.1k $20.16
    − Vacancy −$10.6k −$0.97
    EGI $209.6k $19.19
    − OpEx −$31.4k −$2.88
    NOI $178.1k $16.31
    10,920 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%

    Alternative Uses

    Best Use
    Retail
    $5.09M
    $4.45M – $5.94M (±1% cap)
    NOI $356,272 @ 7.0% cap · market cap 10.19%
    Second Best
    Warehouse
    $2.54M
    $2.23M – $2.97M (±1% cap)
    NOI $178,143 @ 7.0% cap · market cap 5.10%
    Theoretical Best
    Specialty Retail
    $7.37M
    $6.45M – $8.60M (±1% cap)
    NOI $515,975 @ 7.0% cap · market cap 14.76%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Empire Corporation Dental. Dental Office

    Suggested Use

    Parking Lot & Garage Locksmith Garden Center Plumbing Service Restaurant (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store & Service Electrical Service Bakery

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

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    FAQs

    What type of property is this?
    Flex space - Retail/industrial flex property in Allapattah, near major transportation routes.
    Where is this flex space located?
    The property is located at 2030 NW 22nd Ave 2030 Miami, FL.
    What is the asking price?
    The asking price for this property is $3,495,000.
    What are key features of this property?
    This property features: Priced at $333 per SQFT.; 10,920 leasable SQFT building on a 19,140 square foot lot.; Located in the Allapattah neighborhood.
    Contact an agent
    (781) 367-1454
    We can help!
    Contact an agent
    Caio Martin
    Caio Martin
    Real Estate License ID: 3251304
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