Warehouse with Direct Highway
For Sale
$780,000
22770 S Dixie Hwy, Miami, FL 33170
Freestanding warehouse with direct US-1 frontage, large front bay door, and rear roll-up door plus a small private yard area.
Property Size2,200 SF
Days on Market94
Property Features for 22770 S Dixie Hwy
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Industrial
Building Details
Building Size
2,200 SF
Year Built
1993
Listing Agency:
Lifestyle International Realty
Listed By:
Ricardo Boada · License #3282240
(305) 773-5574
Source:
Relinkre
Added: Jul 21
Changed: Oct 20
Last Checked: Oct 21 at 4:41AM
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 Lifestyle International Realty
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Investment Insights
Based on property information with market context.
This freestanding warehouse offers approximately 2,200 SF of flexible industrial space and is currently vacant. The property has been freshly cleaned and painted and features a large front bay door and an additional rear roll-up door for practical loading and vehicle access. There is also access to a small private rear yard area.
The building sits with direct US-1 frontage, providing prominent street visibility. The location supports convenient arrivals for deliveries and commercial vehicles.
Designed around warehouse operations, the combination of front and rear loading doors and the private yard area can support a range of day-to-day logistics needs for an owner-operator or investor.
The building sits with direct US-1 frontage, providing prominent street visibility. The location supports convenient arrivals for deliveries and commercial vehicles.
Designed around warehouse operations, the combination of front and rear loading doors and the private yard area can support a range of day-to-day logistics needs for an owner-operator or investor.
Key Highlights
- Freestanding 2,200 SF warehouse built in 1993
- Direct US‑1 frontage on S. Dixie Highway
- Large front bay door plus additional rear roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,890
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$717,800
$717.8K
Cap Rate 7%
$512,714
$512.7K
Cap Rate 9%
$398,778
$398.8K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$44.4K $20.16/SF
− Vacancy
−$2.1K −$0.97/SF
EGI
$42.2K $19.19/SF
− OpEx
−$6.3K −$2.88/SF
NOI
$35.9K $16.31/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$717,800
Cap Rate 7%
$512,714
Cap Rate 9%
$398,778
Alternative Uses
Best Use
Warehouse
$512.7K
$448.6K – $598.2K
NOI $35,890 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.49M
$1.30M – $1.73M
NOI $103,951 @ 7.0% cap · market cap 13.33%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 33170, FL
14,908
Population
4,839
Households
3.1
Avg Household Size
37
Median Age
22%
College-Educated
79%
High-School Grad
12.4 sq mi
ZIP Area
1,202
Density / Sq Mi
$68,953
Median Household Income
$40,052
Median Earnings
$1,511
Median Rent
$426,200
Median Home Value
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Market
Vacancy Rate% for Industrial in Miami, FL
Similar Off Market Nearby
- Storini Storage Facility — 23701 SW 132nd Ave unit 27, Homestead, FL 33032
- Public Storage — 23025 S Dixie Hwy, Goulds, FL 33170
Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding warehouse with direct US-1 frontage, large front bay door, and rear roll-up door plus a small private yard area.
Where is this warehouse located?
The property is located at 22770 S Dixie Hwy Miami, FL.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Freestanding 2,200 SF warehouse built in 1993; Direct US‑1 frontage on S. Dixie Highway; Large front bay door plus additional rear roll‑up door
