3056 State Road 7 Miramar, FL 33023
- Warehouses
- 668 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
- 668 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a fully leased industrial property located at 3056 S State Road 7, #2B, in Miramar, Florida. The property consists of two individual warehouse units, each approximately 668 square feet, totaling 1,338 square feet. Both units are designed for efficient warehousing and distribution, featuring convenient street-level access for easy loading and unloading. Built in 1974, this property benefits from its strategic location along a major county corridor within a thriving commercial area, ensuring excellent accessibility and visibility. The property is currently under a modified lease agreement with a single tenant. The asking price is $440,000, representing a compelling 7.00% capitalization rate. This presents a strong return on investment for a buyer seeking a stable, income-producing asset in a prime South Florida location. The property's size and location make it ideal for a variety of industrial uses. This is a rare opportunity to acquire a well-located, fully leased industrial property with significant upside potential. The property is situated in Broward County, Florida, with a zip code of 33023.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miramar
- County
- Broward
- State
- Florida
- Longitude
- -80.2077
- Latitude
- 25.9831
