Flex Space with Warehouse
New
For Sale
Contact for pricing
2031 NW 22nd Ct, Miami, FL 33142
The unit combines open work area with a private office, two bathrooms, and separate pedestrian and roll-up door access.
Property Size9,504 SF
Price / SF$0.32
Days on Market6
Property Features for 2031 NW 22nd Ct
General Information
Standard status
Active
Size
9,504 SF
Total Parking Spaces
2
Property subtype
Industrial
Site & Location
Neighborhood
Allapattah Industrial District
Utilities to Site
Yes
Amenities
private office
two bathrooms
roll-up garage door
overhead lighting
Building Details
Building Size
9,504 SF
Year Built
1974
Listing Agency:
Levets, LLC
Listed By:
Stevel Londono · License #3354167
(786) 828-5043
Source:
Allyandaj
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 25 at 2:26AM
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 Levets, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,900-square-foot flex space pairs an open warehouse area with a private office and two bathrooms. A roll-up garage door and separate pedestrian entrance provide two ways into the unit. Interior features include overhead lighting and painted floors and walls. The building dates to 1974.
The property is at 2031 NW 22nd Court in Miami, with access to surrounding commercial areas and major roadways. Two parking spaces are available, with additional street parking subject to local regulations. Water and trash service are included; electricity is separately metered and paid by the tenant. Proposed uses require applicable zoning compliance and approvals.
The property is at 2031 NW 22nd Court in Miami, with access to surrounding commercial areas and major roadways. Two parking spaces are available, with additional street parking subject to local regulations. Water and trash service are included; electricity is separately metered and paid by the tenant. Proposed uses require applicable zoning compliance and approvals.
Key Highlights
- 1,900 square feet with an open warehouse area and private office
- Two bathrooms
- Roll‑up garage door and separate pedestrian entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$127,683
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,553,660
$2.6M
Cap Rate 7%
$1,824,043
$1.8M
Cap Rate 9%
$1,418,700
$1.4M
Market Conditions
NOI Build-Up for 9,504 SF
Gross rent
$191.6K $20.16/SF
− Vacancy
−$9.2K −$0.97/SF
EGI
$182.4K $19.19/SF
− OpEx
−$54.7K −$5.76/SF
NOI
$127.7K $13.43/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,553,660
Cap Rate 7%
$1,824,043
Cap Rate 9%
$1,418,700
Alternative Uses
Best Use
Warehouse
$2.21M
$1.94M – $2.58M
NOI $155,043 @ 7.0% cap · market cap 5,168.10%
Second Best
Flex RnD
$1.99M
$1.74M – $2.32M
NOI $139,367 @ 7.0% cap · market cap 4,645.57%
Theoretical Best
Specialty Retail
$6.42M
$5.61M – $7.48M
NOI $449,068 @ 7.0% cap · market cap 14,968.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,893
Businesses Nearby
Balanced
Demand for This Use
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
Market
Vacancy Rate% for Industrial in Miami, FL
Similar Off Market Nearby
- New Harvest Catering Co — Miami, FL 33125
- Aaf-Ttf Catering — Miami, FL 33125
- Benita Ramos — 1720 NW N River Dr, Miami, FL 33125
- Santos Sabores — 1569 NW 17th Ave, Miami, FL 33125
- Nathalie's Catering — 1851 Delaware Pkwy, Miami, FL 33125
Frequently Asked Questions
What type of property is this?
Flex space - The unit combines open work area with a private office, two bathrooms, and separate pedestrian and roll-up door access.
Where is this flex space located?
The property is located at 2031 NW 22nd Ct Miami, FL.
What are key features of this property?
This property features: 1,900 square feet with an open warehouse area and private office; Two bathrooms; Roll‑up garage door and separate pedestrian entrance
