Property profile

12875 14th Ave North Miami, FL 33161

OFF-MARKET
Manufacturing properties
Property ID
US18-1669211
57,016 SF 2.37 ac lot Built 1969
Entity Owned 23-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional North Miami warehouse offers 2,300 square feet of versatile industrial space, perfect for a single tenant. The property boasts a desirable street-level location, providing convenient access for loading and unloading. High ceilings maximize storage and operational efficiency. The zoning classification is 7100. The building is a single-tenant property with no additional suites, offering complete privacy and control. The warehouse features a street-level office space, adding convenience and functionality for administrative tasks. The property's Assessed Parcel Number (APN) is 06-22-29-000-0280. This is an excellent opportunity for businesses seeking a well-located, efficient, and spacious warehouse in a thriving North Miami area. The property's single-tenant occupancy ensures a streamlined and uncomplicated ownership experience. Its street-level access and high ceilings are key features that enhance both functionality and operational ease. This warehouse presents a rare chance to acquire a prime industrial property in a desirable location. The straightforward layout and convenient amenities make this an ideal space for a variety of industrial uses. Serious inquiries are encouraged to explore this exceptional opportunity further.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1969
Construction CONCRETE
Total area 57,016 SF
Lot 2.37 ac (103,155 SF)
Zoning code 7100:INDUSTRIAL,LIGHT MFG
APN 06-2229-000-0280
UPID US18-1669211

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12875 14th Ave North Miami, FL 33161-4412
North Miami metro Census 220 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.45M

Owner & transaction history

since 2003
4 recorded transactions
2003
$1.3M
2002
$2.0M
2001
$1.5M
1969
Price N/A

Zoning & alternative use

7100:INDUSTRIAL,LIGHT MFG · North Miami, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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