1501 23Rd St Miami, FL 33142
- Warehouses
- 13,138 SF
- 0.53 lot acres
Current Use by Public Records
- Tony Pagliaro Gallery / Art Gallery
- Cook Unity / Parking Lot
- Koo Produce / Produce Market
- Produce Kingdom Inc / Produce Wholesaler
Property Details for 1501 23Rd St
- Year built
- 1982
- Construction
- CONCRETE
- Lot size
- 0.53 lot acres
- Property size
- 13,138 SF
- Zone code
- 7000:INDUSTRIAL,GENERAL
- Property type
- Warehouses
- APN
- 01-3126-044-0110
- APU
- 131260440110
Description
This exceptional 12,186-square-foot industrial warehouse is ideally situated in Miami's Central Allapattah Produce District. The single-tenant property boasts a 4,500-square-foot main warehouse space perfectly complemented by a 2,100-square-foot refrigerated cooler. The warehouse features a generous 21-foot clear height, providing ample room for storage and operations. The property includes dedicated office space, well-designed loading areas, and convenient access to a shared bathroom. With five total parking spaces, this location offers both functionality and convenience. The property is zoned 7000 and its APN is 01-31-26-044-0110. This warehouse is a single-story building, offering easy accessibility and efficient workflow. It represents an excellent opportunity for small to medium-sized businesses seeking a well-equipped and strategically located space. The property is available immediately, with a lease requiring first month's rent plus two months' security deposit prior to occupancy. This is a rare opportunity to secure a well-maintained and functional warehouse in a thriving Miami location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,910,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,160,000
- 6.5%
- $3,575,000
- 7%
- $3,375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,380,000
- Geo Method
- $3,660,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,495,000
- Retail
- $3,720,000
- Mixed-Use
- $3,165,000
- Hospitality
- $3,780,000
- Educational
- $3,445,000
- Residential Income
- $3,270,000
- Energy
- $3,655,000
- Income-Based Land
- $3,800,000
- Food Service
- $3,460,000
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2217
- Latitude
- 25.7988
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
