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    1676 205Th Ter Miami, FL 33179

    For Lease
    $0.97 SF/Yr

    Turnkey Industrial Space, 43,362 SF

    Lot size:
    43,362 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional turnkey kitchen commissary presents a rare opportunity for food-related businesses. The single-tenant warehouse boasts a substantial 43,362 square feet of space, ideal for large-scale food production or distribution. A significant advantage is the inclusion of approximately 400 square feet of cold storage refrigeration and freezer space, crucial for maintaining product quality and extending shelf life. The property is zoned 7600 and features one building with four parking spaces. The APN is 30-12-32-014-0010. This is a single-tenant occupancy property with no additional building suites. The current lease term is projected to be between three and six years. Note that approximately $75,000 to $130,000 worth of existing equipment is available for sale separately prior to auction. This presents a significant cost savings for a new operator. The property's strategic location and functional design make it an attractive investment for businesses seeking efficient and well-equipped industrial space. This is a unique opportunity to acquire a fully operational kitchen commissary with significant existing infrastructure. Serious inquiries only.

    Property Features for 1676 205Th Ter

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,362 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    43,362 SF
    Rate per SF
    $0.97

    HighLights

    • Industrial warehouse, single‑tenant occupancy, 43,362 square feet.
    • Four parking spaces.
    • Zoned 7600; APN 30‑12‑32‑014‑0010.
    • Turnkey kitchen commissary with approximately 400 square feet of cold storage.
    • $75,000 - $130,000 in equipment available for sale separately.
    • Lease term of 3‑6 years.
    Property Profile Location Intelligence

    Current Use by Public Records

    Miami Seafood Intl. Wholesaler Happea's - Aventura Shawarma Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.168348
    Latitude
    25.9637255

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    FAQs

    What type of property is this?
    Distribution property - Turnkey Industrial Space, 43,362 SF
    Where is this distribution property located?
    The property is located at 1676 205Th Ter Miami, FL.
    What is the lease rate?
    The lease rate is $0.97 SF/Yr.
    What are key features of this property?
    This property features: Industrial warehouse, single-tenant occupancy, 43,362 square feet.; Four parking spaces.; Zoned 7600; APN 30-12-32-014-0010.
    Request Owner's contact information
    1676 205Th Ter Miami, FL 33179
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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
    1676 205Th Ter Miami, FL 33179
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