5700 4Th Ave Miami, FL 33137
- Manufacturing properties
- 20,958 SF
- 0.94 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 5700 4Th Ave
- Year built
- 1972
- Construction
- CONCRETE
- Lot size
- 0.94 lot acres
- Property size
- 20,958 SF
- Zone code
- 6107:RESID-MEDIUM RETAIL
- Property type
- Manufacturing properties
- APN
- 01-3113-065-0150
- APU
- 131130650150
Description
This exceptional multi-tenant flex warehouse, located in Miami's Upper East Side, nestled between Buena Vista and Little River, presents a unique investment opportunity. The property, situated at 5700 NE 4th Ave, boasts a total of 25,000 square feet across multiple units, with three spaces currently available, each measuring 1,800 square feet. The building features desirable loft-style spaces with high ceilings, providing ample room and a modern aesthetic. Convenient street-facing loading doors ensure efficient operations, while gated parking offers enhanced security for tenants and their clients. The property sits on a 0.94-acre lot and is zoned T5-L in Miami-Dade County, making it suitable for a variety of uses. Its unique character makes it particularly well-suited for creative office spaces, art galleries or studios, high-end storage facilities, and fitness operators. The building's location and features offer a compelling combination of functionality, style, and accessibility, making it an attractive option for businesses seeking a vibrant and productive workspace in a desirable Miami neighborhood. This is a rare opportunity to acquire a well-positioned industrial property with significant potential for growth and return.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,680,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $8,075,000
- 6.5%
- $7,600,000
- 7%
- $7,935,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $8,585,000
- Geo Method
- $7,350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,645,000
- Retail
- $8,365,000
- Mixed-Use
- $9,210,000
- Hospitality
- $6,715,000
- Educational
- $6,740,000
- Residential Income
- $8,710,000
- Energy
- $7,680,000
- Income-Based Land
- $6,990,000
- Food Service
- $7,065,000
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1883
- Latitude
- 25.8283
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
