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    1550 Madruga Ave Coral Gables, FL 33146

    For Lease
    $0.01 SF/Yr

    Prime Location, Refrigerated Storage, Multiple Suites

    Lot size:
    55,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional office building at 1550 Madruga Ave #240 offers a unique opportunity. The property features a total of one suite, encompassing 55,000 square feet of well-maintained space, ideal for a variety of businesses. The building is zoned 6400 and boasts a convenient location in a prime A+ area, within walking distance of Whole Foods and the Red/Sunset Shopping Area. The available space is perfect for businesses needing refrigerated/cold storage capabilities, a rare and valuable asset in this location. Individual suites range in size from 350 square feet to 1,100 square feet, providing flexibility for tenants of varying needs. The property's convenient location and ample space make it an attractive option for businesses seeking a high-profile address with easy access to amenities and shopping. The property's APN is 03-41-30-009-0880. This is a multiple tenancy building, offering a diverse and vibrant work environment. Showings are easy to arrange. Contact for details.

    Property Features for 1550 Madruga Ave

    General Information

    Property type
    Refrigerated & Cold Storages
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    55,000 SF

    Unit(s) available at that property

    Space
    240
    Size
    55,000 SF
    Rate per SF
    $0.01

    HighLights

    • Office building with one available refrigerated/cold storage suite of 55,000 square feet.
    • Multiple tenancy.
    • Located in a prime A+ location, near Whole Foods and the Red/Sunset Shopping Area.
    • Suite sizes range from 350 to 1,100 square feet.
    • Zoned 6400, APN 03‑41‑30‑009‑0880.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Refrigerated & Cold Storages

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Coral Gables
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2833077
    Latitude
    25.7077187

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - Prime Location, Refrigerated Storage, Multiple Suites
    Where is this refrigerated / cold storage located?
    The property is located at 1550 Madruga Ave Coral Gables, FL.
    What is the lease rate?
    The lease rate is $0.01 SF/Yr.
    What are key features of this property?
    This property features: Office building with one available refrigerated/cold storage suite of 55,000 square feet.; Multiple tenancy.; Located in a prime A+ location, near Whole Foods and the Red/Sunset Shopping Area.
    Request Owner's contact information
    1550 Madruga Ave Coral Gables, FL 33146
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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
    1550 Madruga Ave Coral Gables, FL 33146
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