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    1515 22Nd St Miami, FL 33142

    For Sale
    $7,999,000

    21,292 SF Flex Warehouse, Allapattah, FL

    Property size:
    21,292 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 21,292-square-foot flex warehouse, located at 1515 NW 22nd St in Miami, Florida's Allapattah neighborhood, presents a unique investment opportunity. Built in 1947 and extensively renovated in 2015, this single-story building sits on a 23,718-square-foot lot and boasts a 14-foot clear ceiling height. The property is zoned 7700 Industrial and features two loading docks, providing ample functionality for various industrial uses. With 22 parking spaces available, this property is well-suited for employees and clients. The asking price is $7,999,000, translating to $375.68 per square foot. The property is ideal for owner-users and offers the potential for multiple configurations. It can be divided into two separate units: an 8,500-square-foot space and a 12,700-square-foot space, each with its own private entrance and drive-in loading dock. This versatile space is suitable for a range of businesses, including showrooms, logistics hubs, cold storage facilities, and manufacturing or distribution centers. The property has recently completed a 40/50-year recertification, ensuring its structural integrity and longevity. Its convenient Allapattah location, near railroad tracks, further enhances its logistical advantages. The property's APN is 01-3126-046-0150.

    Property Features for 1515 22Nd St

    General Information

    Property type
    Distribution properties
    Square Feet
    21,292 SF

    Building Details

    Year Built/Renovated
    1947/2015
    Stories
    1

    HighLights

    • $7,999,000 asking price for this 21,292 square foot industrial property.
    • Located at 1515 NW 22nd St, Miami, FL 33142.
    • Flex/warehouse space with 14' clear ceiling height.
    • Features two loading docks and 22 parking spaces.
    • Sits on a 23,718 square foot lot, zoned 7700 Industrial.
    • Built in 1947, renovated in 2015, single‑story building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Petal Productions Event Planner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2215656
    Latitude
    25.797662

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    FAQs

    What type of property is this?
    Distribution property - 21,292 SF Flex Warehouse, Allapattah, FL
    Where is this distribution property located?
    The property is located at 1515 22Nd St Miami, FL.
    What is the asking price?
    The asking price for this property is $7,999,000.
    What are key features of this property?
    This property features: $7,999,000 asking price for this 21,292 square foot industrial property.; Located at 1515 NW 22nd St, Miami, FL 33142.; Flex/warehouse space with 14' clear ceiling height.
    Request Owner's contact information
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    Miami, FL 33142
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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
    1515 22Nd St Miami, FL 33142
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