New Warehouse with Office
6700 NE 2nd Ct 4, Miami, FL 33138
For Sale
Contact for pricing
6,220 sq ft warehouse with office, AC, and elevator.
Property Size6,220 SF
Price / SF$3.54
Days on Market248
Property Features for 6700 NE 2nd Ct 4
General Information
Standard status
Size
Property subtype
Lease Term
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Listing Agency:
Metro 1
Listed By:
Irene Dakota · License FL #3062153
(305) 972-8860
Source:
Elliman
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 8 at 12:10PM
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 Metro 1
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Investment Insights
Based on property information with market context.
This new 6,220 sq ft warehouse includes an upstairs office area featuring two private offices, a large open space, a kitchenette, and a bathroom. Impact windows surround the office space. The warehouse has 30 ft ceilings, full AC, and three large street-level overhead doors. A mezzanine provides additional space. The ground floor includes a bathroom and shower. A handicapped elevator is installed. This property is part of a 4-unit warehouse condominium complex and is suitable for a showroom, car storage, e-commerce business, importer, exporter, or wine business.
Key Highlights
- 6,220 sq ft brand‑new warehouse space.
- Upstairs office area featuring two private offices, open space, kitchenette, and bathroom.
- Enjoy 30 ft ceilings and full AC throughout the warehouse.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,563
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,671,260
$1.7M
Cap Rate 7%
$1,193,757
$1.2M
Cap Rate 9%
$928,478
$928.5K
Market Conditions
NOI Build-Up for 6,220 SF
Gross rent
$125.4K $20.16/SF
− Vacancy
−$6.0K −$0.97/SF
EGI
$119.4K $19.19/SF
− OpEx
−$35.8K −$5.76/SF
NOI
$83.6K $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%
$1,671,260
Cap Rate 7%
$1,193,757
Cap Rate 9%
$928,478
Alternative Uses
Best Use
Office B
$2.55M
$2.23M – $2.97M
NOI $178,436 @ 7.0% cap
Second Best
Warehouse
$1.45M
$1.27M – $1.69M
NOI $101,470 @ 7.0% cap
Theoretical Best
Specialty Retail
$4.20M
$3.67M – $4.90M
NOI $293,898 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,137
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 33138, FL
27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Miami, FL
Properties on Market for Warehouses in Miami
Vacancy Rate% for Office in Miami, FL
Similar Off Market Nearby
- Public Storage — 5609 NE 2nd Ave, Miami, FL 33137, United States
- Jones Moving & Storage — 296 NE 62nd St, Miami, FL 33138
- Offshore Boat & Jet-ski Storage — 810 NW 72nd St, Miami, FL 33150
- Classic Motors — 90 nw 72nd st #102, miami, fl 33150
- Hagerty Garage + Social — 355 NE 71st St, Miami, FL 33138
Frequently Asked Questions
What type of property is this?
Warehouse - 6,220 sq ft warehouse with office, AC, and elevator.
Where is this warehouse located?
The property is located at 6700 NE 2nd Ct 4 Miami, FL.
What are key features of this property?
This property features: 6,220 sq ft brand‑new warehouse space.; Upstairs office area featuring two private offices, open space, kitchenette, and bathroom.; Enjoy 30 ft ceilings and full AC throughout the warehouse.
