Corner Flex Space with Roll-Up
New
For Sale
Contact for pricing
2039 NW 22nd Ct, Miami, FL 33142
A private office and two bathrooms complement the open warehouse area.
Property Size9,801 SF
Price / SF$0.31
Days on Market6
Property Features for 2039 NW 22nd Ct
General Information
Standard status
Active
Size
9,801 SF
Property subtype
Industrial
Site & Location
Neighborhood
Allapattah Industrial District
Building Details
Building Size
9,801 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 24 at 9:48PM
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
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Investment Insights
Based on property information with market context.
This corner flex unit combines an open warehouse area with a private office and two bathrooms. A roll-up door and a separate pedestrian entrance provide two ways to enter the space. The interior has painted floors and walls, with overhead lighting. The unit contains approximately 1,960 square feet.
Two on-site parking spaces are provided, with additional street parking subject to local rules. The property is in Miami, with access to surrounding commercial districts and major roadways. Water and trash service are included; electricity is separately metered and paid by the tenant. Any proposed use remains subject to applicable zoning rules and approvals.
Two on-site parking spaces are provided, with additional street parking subject to local rules. The property is in Miami, with access to surrounding commercial districts and major roadways. Water and trash service are included; electricity is separately metered and paid by the tenant. Any proposed use remains subject to applicable zoning rules and approvals.
Key Highlights
- Approximately 1,960 square feet in a corner flex unit
- Open warehouse area with a private office and two bathrooms
- Roll‑up door plus a separate pedestrian entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$131,673
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,633,460
$2.6M
Cap Rate 7%
$1,881,043
$1.9M
Cap Rate 9%
$1,463,033
$1.5M
Market Conditions
NOI Build-Up for 9,801 SF
Gross rent
$197.6K $20.16/SF
− Vacancy
−$9.5K −$0.97/SF
EGI
$188.1K $19.19/SF
− OpEx
−$56.4K −$5.76/SF
NOI
$131.7K $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%
$2,633,460
Cap Rate 7%
$1,881,043
Cap Rate 9%
$1,463,033
Alternative Uses
Best Use
Warehouse
$2.28M
$2.00M – $2.66M
NOI $159,888 @ 7.0% cap · market cap 5,329.60%
Second Best
Flex RnD
$2.05M
$1.80M – $2.40M
NOI $143,722 @ 7.0% cap · market cap 4,790.73%
Theoretical Best
Specialty Retail
$6.62M
$5.79M – $7.72M
NOI $463,102 @ 7.0% cap · market cap 15,436.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
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 - A private office and two bathrooms complement the open warehouse area.
Where is this flex space located?
The property is located at 2039 NW 22nd Ct Miami, FL.
What are key features of this property?
This property features: Approximately 1,960 square feet in a corner flex unit; Open warehouse area with a private office and two bathrooms; Roll‑up door plus a separate pedestrian entrance
