Industrial Warehouse with Roll-Up
For Sale
Contact for pricing
2304 SW 60th Way, Miramar, FL 33023
Industrial warehouse with 14-foot ceilings, two roll-up doors, and ample on-site parking on a 10,794 SF lot.
Property Size1,827 SF
Price / SF$3.01
Days on Market109
Property Features for 2304 SW 60th Way
General Information
Standard status
Active
Size
1,827 SF
Property subtype
Industrial
Site & Location
Neighborhood
Miramar Isles Crime Watch
Building Details
Year Built
1976
Listing Agency:
RE/MAX 5 Star Realty
(954) 361-0000
Listed By:
John DeMarco · License #3134747
(954) 453-1000
Source:
Lehmannflorida
Added: Jul 9
Changed: Oct 25
Last Checked: Oct 24 at 6:21PM
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 RE/MAX 5 Star Realty
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Investment Insights
Based on property information with market context.
Industrial warehouse space offered for lease at 2304 SW 60th Way in Miramar, Florida. The property provides approximately 1,827 SF of functional space on a 10,794 SF lot, with 14-foot ceiling height and two roll-up doors. Ample on-site parking supports day-to-day operations, and flexible SD-1 zoning may accommodate a variety of industrial, warehouse, distribution, and service-related uses.
Located within an established Miramar industrial corridor, the site offers easy access to major roadways. This makes it a practical option for users looking for an accessible warehouse setup within a developed industrial area.
Located within an established Miramar industrial corridor, the site offers easy access to major roadways. This makes it a practical option for users looking for an accessible warehouse setup within a developed industrial area.
Key Highlights
- Industrial warehouse built in 1976 offering approximately 1,827 SF of functional space.
- 14‑foot ceiling height with two roll‑up doors for loading and operational flexibility.
- Located on a 10,794 SF lot with ample on‑site parking.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,183
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,660
$503.7K
Cap Rate 7%
$359,757
$359.8K
Cap Rate 9%
$279,811
$279.8K
Market Conditions
NOI Build-Up for 1,827 SF
Gross rent
$31.4K $17.16/SF
− Vacancy
−$1.7K −$0.94/SF
EGI
$29.6K $16.22/SF
− OpEx
−$4.4K −$2.43/SF
NOI
$25.2K $13.78/SF
Area
Miramar, FL
Vacancy
5.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,660
Cap Rate 7%
$359,757
Cap Rate 9%
$279,811
Alternative Uses
Best Use
Warehouse
$359.8K
$314.8K – $419.7K
NOI $25,183 @ 7.0% cap · market cap 457.87%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$850.2K
$744.0K – $991.9K
NOI $59,516 @ 7.0% cap · market cap 1,082.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,145
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33023, FL
66,749
Population
22,450
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
8.8 sq mi
ZIP Area
7,585
Density / Sq Mi
$70,003
Median Household Income
$35,093
Median Earnings
$1,621
Median Rent
$344,500
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse with 14-foot ceilings, two roll-up doors, and ample on-site parking on a 10,794 SF lot.
Where is this warehouse located?
The property is located at 2304 SW 60th Way Miramar, FL.
What are key features of this property?
This property features: Industrial warehouse built in 1976 offering approximately 1,827 SF of functional space.; 14‑foot ceiling height with two roll‑up doors for loading and operational flexibility.; Located on a 10,794 SF lot with ample on‑site parking.
