Current Use by Public Records
- Warehouses
Property Details for 7320-7332 58Th St
- Year built
- 1973
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional Miami industrial property offers a compelling investment opportunity. Comprising two free-standing buildings totaling over 20,240 rentable square feet, this property presents a unique combination of showroom/office and warehouse space. The showroom/office building, situated on NW 58th Street, encompasses approximately 8,180 square feet, providing excellent visibility and accessibility. The adjacent street-level warehouse building adds approximately 12,060 square feet of functional space, featuring three street-level loading doors for efficient operations. The property sits on a substantial lot of approximately 39,204 square feet, offering ample room for expansion or future development. The property benefits from three-phase heavy power, catering to a variety of industrial uses. Located in Miami-Dade County, the property is zoned IU-2. Built in 1973, this property presents a solid foundation for a variety of industrial businesses. The asking price is $6,750,000. While a lease rate of $17.50 per square foot, NNN, is noted, this listing focuses on the sale of the property. This is a rare opportunity to acquire a well-located, substantial industrial property in a thriving Miami market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.3165
- Latitude
- 25.8259
