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346 70Th St Miami, FL 33138

OFF-MARKET Refrigerated & Cold Storage Google Maps
29,500 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 29,500-square-foot industrial property, situated in the desirable MiMo/Little River area, presents a unique opportunity for a single tenant. The building boasts 7,300 square feet of readily available space, complemented by 22,200 square feet currently occupied. The warehouse area features impressive 28-foot ceilings, perfect for various storage or manufacturing needs. A convenient drive-in bay ensures efficient loading and unloading. The property includes a well-appointed mezzanine level offering 1,500 square feet of office space, equipped with two bathrooms. The warehouse level also provides a bathroom, shower, and locker room facilities. Ample parking is available with a total of seven spaces, four of which are covered. An elevator adds to the building's functionality and accessibility. The property's versatile design makes it suitable for a wide range of uses, including luxury storage (cars/boats), inventory storage, manufacturing, sports activities, showroom space, or light industrial operations. This is a truly remarkable opportunity to secure a brand-new, state-of-the-art industrial space in a prime location.

Property profile

Verified
Property type Refrigerated & Cold Storage
Total area 29,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Furniture & Home Goods

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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