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    1395 NW 22Nd St Miami, FL 33142

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    Property profile & analytics

    1395 NW 22Nd St Miami, FL 33142


    • Warehouses
    • 14,964 SF
    • 0.40 lot acres
    Allapattah Warehouse with Performing Arts Studio For Sale
    $5,800,000

    Allapattah Warehouse with Performing Arts Studio

    Former ice factory with performing arts studio in Allapattah.

    1395 NW 22nd St, Miami, FL 33142
    View Listing
    Property ID
    US19-0377734
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    6.1%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Miami Circus Arts Center (LADD Foundation) / Charitable Organization / Social Service Agency
    • Kansay Tlisir Llc / Marketing & Advertising / (Bike/Boat/Book/etc) Store

    Property Details for 1395 NW 22Nd St

    Year built
    1954
    Construction
    CONCRETE
    Lot size
    0.40 lot acres
    Property size
    14,964 SF
    Zone code
    7700:INDUSTRIAL,RESTRICT
    Property type
    Warehouses
    APN
    01-3126-045-0120
    APU
    131260450120

    Description

    This ±15,000 square foot industrial property in Miami's Allapattah neighborhood offers a unique investment opportunity. The building, constructed in 1954 and renovated in 2017, sits on a 0.4-acre lot and features two units: a ±10,000 square foot refrigerated/cold storage warehouse with office space and a ±5,000 square foot space with 28-foot ceilings, currently used as a circus school. The warehouse boasts 15-foot ceilings, one dock-high door, and one street-level loading door. The refrigerated space's insulation panels are removable, allowing for conversion to dry storage or office space. The larger space features recently updated electrical, plumbing, HVAC, and bathrooms. Zoned D2 Industrial, this property benefits from its prime location near Wynwood, Edgewater, Downtown, and Brickell, with easy access to major highways and the airport. The asking price is $5,300,000 ($353.33/sq ft). One unit is currently on a month-to-month lease. The property's Property Parcel Number is 01-3126-045-0120. This versatile property is ideal for owner-users seeking a unique combination of warehouse and specialized space in a rapidly growing Miami neighborhood.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,985,000
      ML approach
      $4,020,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,070,000
      6.5%
      $3,755,000
      7%
      $3,485,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,283,000
      Market price range: $2.58M - $5.81M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $3,540,000
      Current use
      RETAIL STORES
      $4,415,000
      Change: +25% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $4,255,000
      Change: +20% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.219
    Latitude
    25.7979
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $57,287
    $1,399,440
    $1,660,560
    $3,060,000
    -
    $1,399,440
    $1,660,560
    $3,060,000
    View Listing
    More about this property
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