3056 State Road 7 Miramar, FL 33023
- Industrial properties
- 667 SF
Current Use by Public Records
- Universal Miramar / Church
- Higher Place Ministries / Church Of Christ
- Da Spot Event Hall / Event Venue
- Dortonne Ronald MD / Doctor
- VAS Art Productions / Art Studio
Property Details for 3056 State Road 7
- Year built
- 1974
- Property size
- 667 SF
- Property type
- Industrial properties
- Property subtype
- Flex space
Description
This 667-square-foot flex space industrial property in Miramar, Florida, presents a compelling value-add investment opportunity. Located at 3056 S State Rd 7, this Class B building, constructed in 1974, offers a unique blend of warehouse and office space. The warehouse area encompasses nearly 700 square feet, complemented by approximately 100 square feet of office space, making it suitable for various industrial uses, including warehousing and distribution. A significant feature is the existing non-conforming mezzanine, exceeding 500 square feet, providing substantial additional usable space. The property benefits from a convenient street-level door, ensuring efficient access and operations. Its strategic location along a major county corridor in a thriving commercial area offers high visibility and easy accessibility. The asking price is $240,000, translating to $359.82 per square foot. The lease is a gross lease with single tenancy, and the occupancy date is June 19, 2024. This property is ideal for businesses seeking a practical and potentially lucrative investment in a dynamic commercial hub. The property's combination of size, location, and existing features makes it a strong contender for a variety of industrial uses. The potential for increased value through improvements further enhances its investment appeal. This is a rare opportunity to acquire a well-situated flex space property in a high-demand area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miramar
- County
- Broward
- State
- Florida
- Longitude
- -80.2077
- Latitude
- 25.9831