775 71St St Miami, FL 33150
This exceptional 55,000-square-foot warehouse, located at 775 NW 71st St, Miami, FL 33150, presents a significant investment opportunity. Built in 1952 and extensively renovated in 2021, this two-story industrial property boasts a prime location in Miami-Dade County. The warehouse features four dock-high doors, providing ample loading and unloading capabilities. Three oversized doors on the west side offer three dock positions and a large ramp, while the east side includes one van-height door with the potential to reopen two additional van-height doors. The building also includes a substantial 4,986-square-foot office/showroom area and a 3,865-square-foot mezzanine, offering versatile space for various business needs. A foreman's office adds to the functional layout. The 20-foot clear ceiling height accommodates high-volume storage, and the property benefits from heavy power and a recently completed 40-year certification. Recent renovations encompass a new roof, warehouse windows, bathrooms, offices, and showroom, ensuring modern functionality. The property is fully sprinklered, enhancing safety and security. This vacant warehouse, priced at $17,000,000 ($309.09/sq ft), offers a rare chance to acquire a meticulously updated industrial space in a thriving Miami location. The property is ready for immediate occupancy.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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