Warehouse with Office
New
For Sale
Contact for pricing
2365 NW 70th Ave # 17, Miami, FL 33122
Air-conditioned office area and a mezzanine add workspace within the warehouse.
Property Size1,650 SF
Price / SF$2.00
Days on Market7
Property Features for 2365 NW 70th Ave # 17
General Information
Standard status
Active
Size
1,650 SF
Total Parking Spaces
2
Property subtype
Industrial
Warehouse & Industrial
Office Build-Out
300 SF
Mezzanine
300 SF
Additional Details
Highway Access
Yes
Property Use
Warehouse
Taxes and HOA fees
Annual Taxes
$4,235
Building Details
Building Size
1,650 SF
Year Built
2010
Listing Agency:
Avanti Way Realty LLC
Listed By:
Miguel Hernandez · License #3266701
(305) 748-0771
Source:
Batrare
Added: Oct 26
Changed: Oct 31
Last Checked: Nov 1 at 2:09PM
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 Avanti Way Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,650-square-foot warehouse includes approximately 300 square feet of air-conditioned office space and a mezzanine of about 300 square feet, accessed by stairs. The building has a 20-foot ceiling and a bathroom. Two assigned parking spaces are provided, with additional visitor parking available. Built in 2010, the property is part of an HOA that covers exterior insurance, water, and common area maintenance.
The property at 2365 NW 70th Avenue is near the Palmetto Expressway and Miami International Airport Cargo Hub, with downtown Miami a short drive away.
The property at 2365 NW 70th Avenue is near the Palmetto Expressway and Miami International Airport Cargo Hub, with downtown Miami a short drive away.
Key Highlights
- 1,650 SF total area
- Approximately 300 SF of air‑conditioned office space
- Approximately 300 SF mezzanine with stairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,917
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,340
$538.3K
Cap Rate 7%
$384,529
$384.5K
Cap Rate 9%
$299,078
$299.1K
Market Conditions
NOI Build-Up for 1,650 SF
Gross rent
$33.3K $20.16/SF
− Vacancy
−$1.6K −$0.97/SF
EGI
$31.7K $19.19/SF
− OpEx
−$4.8K −$2.88/SF
NOI
$26.9K $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%
$538,340
Cap Rate 7%
$384,529
Cap Rate 9%
$299,078
Alternative Uses
Best Use
Warehouse
$384.5K
$336.5K – $448.6K
NOI $26,917 @ 7.0% cap · market cap 815.67%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.11M
$974.5K – $1.30M
NOI $77,963 @ 7.0% cap · market cap 2,362.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,262
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33122, FL
2,126
Population
901
Households
2.4
Avg Household Size
35
Median Age
62%
College-Educated
85%
High-School Grad
2.4 sq mi
ZIP Area
886
Density / Sq Mi
$83,152
Median Household Income
$50,984
Median Earnings
$2,437
Median Rent
$1,284,700
Median Home Value
Market
Vacancy Rate% for Industrial in Miami, FL
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Frequently Asked Questions
What type of property is this?
Warehouse - Air-conditioned office area and a mezzanine add workspace within the warehouse.
Where is this warehouse located?
The property is located at 2365 NW 70th Ave # 17 Miami, FL.
What are key features of this property?
This property features: 1,650 SF total area; Approximately 300 SF of air‑conditioned office space; Approximately 300 SF mezzanine with stairs
