Flex Space with Loading
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2385 NW 70th Avenue #7-A, Miami, FL 33122
A combined office and warehouse layout includes climate-controlled mezzanine space for additional workspace or storage.
Property Size1,650 SF
Price / SF$2.00
Days on Market14
Property Features for 2385 NW 70th Avenue #7-A
General Information
Standard status
Active
Size
1,650 SF
Total Parking Spaces
2
Property subtype
Industrial
Warehouse & Industrial
Clear Height
20 ft
Warehouse Space
1,050 SF
Office Build-Out
300 SF
Mezzanine
300 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
2010
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Liliana Albrecht · License #3203130
(954) 801-9917
Source:
Lehmannflorida
Added: Oct 8
Changed: Oct 21
Last Checked: Oct 21 at 2:24AM
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 EXP Realty LLC
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Investment Insights
Based on property information with market context.
This flex unit provides 1,650 square feet across warehouse, office, and mezzanine areas. The 1,050-square-foot warehouse has 20-foot ceilings and a 12-foot-high overhead door facing the street. The 300-square-foot office is complemented by a 300-square-foot mezzanine with concrete flooring and air conditioning, suitable for office or storage use.
Two assigned parking spaces are included, with guest parking also available. The industrial park was built in 2010 and is located 0.5 mile from SR 826, 1 mile from SR 836, and minutes from Miami International Airport.
Two assigned parking spaces are included, with guest parking also available. The industrial park was built in 2010 and is located 0.5 mile from SR 826, 1 mile from SR 836, and minutes from Miami International Airport.
Key Highlights
- 1,650 SF total: 1,050 SF warehouse, 300 SF office, and 300 SF mezzanine
- Warehouse has 20 ft. ceilings and a 12 ft. high street‑facing overhead door
- Mezzanine has concrete floors and A/C
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,167
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,340
$443.3K
Cap Rate 7%
$316,671
$316.7K
Cap Rate 9%
$246,300
$246.3K
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
−$9.5K −$5.76/SF
NOI
$22.2K $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%
$443,340
Cap Rate 7%
$316,671
Cap Rate 9%
$246,300
Alternative Uses
Best Use
Warehouse
$384.5K
$336.5K – $448.6K
NOI $26,917 @ 7.0% cap · market cap 815.67%
Second Best
Flex RnD
$345.7K
$302.5K – $403.3K
NOI $24,196 @ 7.0% cap · market cap 733.21%
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
20 ft
Clear height
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
Similar Off Market Nearby
- Flying Food Group — 1650 NW 70th Ave, Miami, FL 33126
- Tuvital — 2053 NW 79th Ave, Miami, FL 33122
- NomarMex — 1775 NW 70th Ave, Miami, FL 33126
- Gate Gourmet — 1855 NW 70th Ave, Miami, FL 33126
- Parties By Pat — 8000 NW 21st St, Doral, FL 33126
Frequently Asked Questions
What type of property is this?
Flex space - A combined office and warehouse layout includes climate-controlled mezzanine space for additional workspace or storage.
Where is this flex space located?
The property is located at 2385 NW 70th Avenue #7-A Miami, FL.
What are key features of this property?
This property features: 1,650 SF total: 1,050 SF warehouse, 300 SF office, and 300 SF mezzanine; Warehouse has 20 ft. ceilings and a 12 ft. high street‑facing overhead door; Mezzanine has concrete floors and A/C
