1430 NE 131St Rd North Miami, FL 33161
For Sale
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This exceptional North Miami industrial property, located at 1430 NE 131st Street, presents a unique investment opportunity. The 2,000 square foot warehouse, built in 1948, is currently operating as a thriving automotive repair facility. Established in 1997, the business boasts a substantial and loyal corporate client base alongside a strong local following, ensuring a consistent revenue stream. The sale includes approximately $135,000 worth of equipment and inventory, providing immediate operational capabilities for a buyer. The property's zoning designation is light/heavy industrial, offering flexibility for continued operation as an automotive repair shop or the potential for repurposing to suit a variety of industrial uses. The property consists of two adjacent parcels, providing additional development potential or operational space. Situated in Miami-Dade County, Florida, with the zip code 33161, this property offers a compelling blend of established business and future development possibilities. The asking price is $3,295,000. This is a rare opportunity to acquire a turnkey business with significant upside potential in a prime North Miami location. The lot size is not specified.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · North Miami, FLNorth Miami. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.