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Property profile & analytics
OFF-MARKET Estimated value $8,500,000
Warehouses

11650 Miramar Pkwy Miramar, FL 33025-5823

62,008 SF 4.69 ac lot Built 2007
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-4174009
Property summary
AI-generated overview

This exceptional 12,360-square-foot industrial property in Miramar offers a versatile single-tenant space ideal for a variety of businesses. The building features a blend of office and warehouse space, perfectly suited for companies needing both administrative and operational areas. The layout includes ten offices of varying sizes, totaling approximately 1,160 square feet of office space, a spacious conference room, a kitchen/breakroom, and a large open office area. The warehouse component boasts approximately 4,500 square feet of storage space and an additional 3,028 square feet of climate-controlled operational/production area. Three drive-in doors and three dock-high doors provide convenient loading and unloading capabilities. Ample parking is available with a total of 41 spaces. The property is secured with a security alarm system, enhancing safety and peace of mind. The zoning is PID, and the APN is 514025030036. This single-story building presents a prime commercial opportunity in a desirable location, offering a functional and efficient workspace. Four bathrooms are conveniently located throughout the property. This is a rare opportunity to acquire a well-maintained and strategically located industrial flex space.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2007
Construction CONCRETE
Total area 62,008 SF
Lot 4.69 ac (204,313 SF)
Zoning code PID
APN 51-40-25-03-0036
UPID US18-4174009
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$10.28M
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.50M
Owner & transaction history
Scg Miramar F LLC · 6 yrs held
Scg Miramar F LLC
since 2019
4 recorded transactions
2019
$11.5M
2017
Price N/A
2008
Price N/A
1969
Price N/A
Zoning & alternative use
PID · Miramar, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

This district is intended to provide a protective zone for campus-like environments that will encourage the development of nonpolluting light industry and compatible uses which support the economic base of the city.

Zone name Planned Industrial Development
General category INDUSTRIAL
Zone area 1,292.67 ac
Source Realmo
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