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    14505 42Nd St Miami, FL 33175

    Sponsored
    For Sale
    $599,000

    Prime Miami Warehouse - Excellent Investment

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1988-built warehouse, located at 14505 SW 42nd St, Miami, FL 33175, presents a compelling investment opportunity. Priced at $599,000, this industrial property is classified as a warehouse and offers significant potential for various uses. Situated in Miami-Dade County, the property benefits from a convenient location within the vibrant Miami metropolitan area. The warehouse is fully compliant, with all necessary permits up-to-date, ensuring a smooth and hassle-free transition for the new owner. The property's existing use as a hardware warehouse suggests potential for continued operation in this sector, or adaptation to other suitable industrial applications. The building's age provides an opportunity for potential upgrades and renovations to further enhance its value and functionality. This is an ideal acquisition for investors seeking a well-located, established warehouse in a thriving market. The property's strong location and current operational status make it an attractive proposition for those seeking a ready-to-go industrial asset. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed property information and specifications are available upon request. This is a turnkey operation, ready for immediate occupancy and use. The property's solid foundation and existing infrastructure offer a strong base for future growth and expansion.

    Property Features for 14505 42Nd St

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    1988
    Property Profile Location Intelligence

    Current Use by Public Records

    IHOP Breakfast Restaurant

    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
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.429979
    Latitude
    25.7289283

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    FAQs

    What type of property is this?
    Distribution property - Prime Miami Warehouse - Excellent Investment
    Where is this distribution property located?
    The property is located at 14505 42Nd St Miami, FL.
    What is the asking price?
    The asking price for this property is $599,000.
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    14505 42Nd St Miami, FL 33175
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    Miami, FL 33175
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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
    14505 42Nd St Miami, FL 33175
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