New Warehouse with Office
6700 NE 2nd Ct 4 Miami, FL 33138
For Sale
$3,755,000
6,220 sq ft warehouse with office, showroom potential.
Property Size6,220 SF
Price / SF$603.70
Days on Market521
Property Features for 6700 NE 2nd Ct 4
General Information
Standard status
Active
Size
6,220 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
2023
Listing Agency:
Metro 1
(305) 972-8860
Listed By:
Irene Dakota PA · License #3062153
(305) 972-8860
Source:
Exitrealty
Added: Feb 21, 2025
Changed: Jul 6
Last Checked: Jul 27 at 4:31AM
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
Investment Insights
Based on property information with market context.
This is a 6,220 sq ft warehouse featuring an upstairs office area that includes two private offices, a large open space, a kitchenette, and a bathroom. The office area is equipped with impact windows. The warehouse has 30 ft ceilings, full AC, and three large street-level overhead doors. A mezzanine provides additional space. There is a bathroom and shower on the ground floor. A handicapped elevator is installed. The property is suitable for a showroom, car storage, e-commerce business, importer, exporter, or wine business. This warehouse is part of a four-unit condominium campus.
Key Highlights
- 6,220 sq ft brand‑new warehouse space.
- 30 ft ceilings and full AC throughout the warehouse.
- Upstairs office area with two private offices, open space, kitchenette, and bathroom.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $323.2k | $51.96 |
| − Vacancy | −$33.3k | −$5.35 |
| EGI | $289.9k | $46.61 |
| − OpEx | −$87.0k | −$13.98 |
| NOI | $202.9k | $32.63 |
6,220 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.90M
$2.54M – $3.38M
NOI $202,932 @ 7.0% cap · market cap 5.40%
Second Best
Office B
$2.55M
$2.23M – $2.97M
NOI $178,436 @ 7.0% cap · market cap 4.75%
Theoretical Best
Specialty Retail
$4.20M
$3.67M – $4.90M
NOI $293,898 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Public Storage — 5609 NE 2nd Ave, Miami, FL 33137, United States
- Classic Motors — 90 nw 72nd st #102, miami, fl 33150
- Hagerty Garage + Social — 355 NE 71st St, Miami, FL 33138
- Jones Moving & Storage — 296 NE 62nd St, Miami, FL 33138
- Offshore Boat & Jet-ski Storage — 810 NW 72nd St, Miami, FL 33150
Frequently Asked Questions
What type of property is this?
Warehouse - 6,220 sq ft warehouse with office, showroom potential.
Where is this warehouse located?
The property is located at 6700 NE 2nd Ct 4 Miami, FL.
What is the asking price?
The asking price for this property is $3,755,000.
What are key features of this property?
This property features: 6,220 sq ft brand‑new warehouse space.; 30 ft ceilings and full AC throughout the warehouse.; Upstairs office area with two private offices, open space, kitchenette, and bathroom.
