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    1430 131St Rd North Miami, FL 33161

    For Sale
    $3,295,000

    Established Automotive Business, High Potential

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional North Miami industrial property, located at 1430 NE 131st Street, presents a unique investment opportunity. The 2,000 square foot warehouse, built in 1948, is currently operating as a thriving automotive repair facility. Established in 1997, the business boasts a substantial and loyal corporate client base alongside a strong local following, ensuring a consistent revenue stream. The sale includes approximately $135,000 worth of equipment and inventory, providing immediate operational capabilities for a buyer. The property's zoning designation is light/heavy industrial, offering flexibility for continued operation as an automotive repair shop or the potential for repurposing to suit a variety of industrial uses. The property consists of two adjacent parcels, providing additional development potential or operational space. Situated in Miami-Dade County, Florida, with the zip code 33161, this property offers a compelling blend of established business and future development possibilities. The asking price is $3,295,000. This is a rare opportunity to acquire a turnkey business with significant upside potential in a prime North Miami location. The lot size is not specified.

    Property Features for 1430 131St Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    2,000 SF

    Building Details

    Year Built
    1948

    HighLights

    • $3,295,000 asking price.
    • 2,000 square foot warehouse.
    • Located at 1430 NE 131st Street, North Miami, FL 33161.
    • Built in 1948.
    • Established automotive repair business with corporate clientele since 1997; equipment and inventory valued at approximately $135,000 included in sale.
    • Light/heavy industrial zoning; potential for repurposing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1699595
    Latitude
    25.89607

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    FAQs

    What type of property is this?
    Distribution property - Established Automotive Business, High Potential
    Where is this distribution property located?
    The property is located at 1430 131St Rd North Miami, FL.
    What is the asking price?
    The asking price for this property is $3,295,000.
    What are key features of this property?
    This property features: $3,295,000 asking price.; 2,000 square foot warehouse.; Located at 1430 NE 131st Street, North Miami, FL 33161.
    Request Owner's contact information
    1430 131St Rd North Miami, FL 33161
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    North Miami, FL 33161
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1430 131St Rd North Miami, FL 33161
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