1430 131St Rd North Miami, FL 33161
- Manufacturing properties
- 3,970 SF
- 0.16 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 1430 131St Rd
- Year built
- 1948
- Construction
- CONCRETE
- Lot size
- 0.16 lot acres
- Property size
- 3,970 SF
- Zone code
- 7100:INDUSTRIAL,LIGHT MFG
- Property type
- Manufacturing properties
- APN
- 06-2229-021-0091
- APU
- 622290210091
Description
This exceptional North Miami industrial property, located at 1430 NE 131st Street, presents a unique investment opportunity. The 2,000 square foot warehouse, built in 1948, is currently operating as a thriving automotive repair facility. Established in 1997, the business boasts a substantial and loyal corporate client base alongside a strong local following, ensuring a consistent revenue stream. The sale includes approximately $135,000 worth of equipment and inventory, providing immediate operational capabilities for a buyer. The property's zoning designation is light/heavy industrial, offering flexibility for continued operation as an automotive repair shop or the potential for repurposing to suit a variety of industrial uses. The property consists of two adjacent parcels, providing additional development potential or operational space. Situated in Miami-Dade County, Florida, with the zip code 33161, this property offers a compelling blend of established business and future development possibilities. The asking price is $3,295,000. This is a rare opportunity to acquire a turnkey business with significant upside potential in a prime North Miami location. The lot size is not specified.
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
- North Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.17
- Latitude
- 25.8962
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
