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Property profile & analytics
OFF-MARKET
Warehouses

3100 Milam Dairy Rd Miami, FL 33122

Built 1982
Property ID
Property summary
AI-generated overview

This exceptional 2,472 square foot warehouse condo unit, located at 3100 Milam Dairy Rd #112 in Miami, Florida, 33122, presents a compelling investment opportunity. Built in 1982, this single-story unit boasts a beautifully improved interior. The air-conditioned office space features a spacious reception area, a fully equipped kitchen, a bathroom, three private offices, a large workstation area, and ample storage. The warehouse area, totaling a significant portion of the unit's square footage, is non-air-conditioned and offers convenient street-level loading. The property benefits from an 18-foot clear ceiling height, providing excellent vertical storage capacity. Three dedicated parking spaces are included. Currently tenant-occupied month-to-month, this property is ideal for owner-occupiers or investors seeking a strong cash flow. The property is zoned IU-Heavy Industrial. Association fees are $380 per month, encompassing real estate taxes, insurance, and building maintenance. Market leasing rates in the area range from $25 to $28 per square foot. The location is highly desirable, situated just half a mile west of Miami International Airport, offering excellent accessibility and transportation links. Showings are strictly by appointment only; please do not disturb the tenant.

Property profile
Verified
Property type Warehouses
Year built 1982
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Royalty of 4M Medical Group Medical Clinic
  • Oikos Center Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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