15501 29th St, Miramar, FL 33027-5255
- Warehouses
- 302,864 SF
- 20.08 lot acres
Current Use by Public Records
- Warehouses
Property Details for 15501 29th St
- Year built
- 2014
- Construction
- CONCRETE
- Lot size
- 20.08 lot acres
- Zone code
- PID
- Property type
- Warehouses
- APN
- 51-40-28-11-0010
- APU
- 514028110010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 9, 2021 | — | Cicf II Fl2m02 LLC | Bridge Point Miramar LLC | Re-recorded Document · related | — |
| Aug 10, 2021 | — | Cicf 11 Fl2mo2 LLC | Bridge Point Miramar LLC | Special Warranty Deed | — |
| Feb 28, 2019 | $38,000,000 | Bridge Point Miramar LLC | Sherm Realty Corp | Trustees Deed | $32.7M · Heitman Credit Acquisition Xv |
| Feb 21, 2017 | — | Sherm Realty Corp | Miramar Centre B LLC | Grant Deed · related | — |
| Feb 17, 2017 | — | Sherm Realty Corp | Miramar Centre B LLC | Grant Deed · related | — |
| Feb 1, 2017 | $50,000,000 | Sherm Realty Corp | Miramar Centre B LLC | Grant Deed | — |
| Nov 1, 2013 | — | Idi Service Group LLC | Industrial Dev International L | Grant Deed · related | — |
| Oct 8, 2013 | — | Idi Services Group LLC | Industrial Devs International | Grant Deed | — |
| Mar 30, 2012 | — | Miramar Centre A LLC | Industrial Devs Intl INC | Grant Deed | $13.8M · Regions Bank |
| Jan 30, 2007 | — | Storage Partners Of Miramar LLC | Industrial Dev Intl INC | Grant Deed | $6.5M · Wachovia Bank NA |
| Sep 12, 2000 | $1,032,000 | Miramar Service Ctr I LP | Country Lakes LP | Grant Deed | $5M · Wachovia Bank NA |
| Sep 12, 2000 | $1,270,800 | Miramar Flex 3 LP | Country Lakes LP | Grant Deed | $6.2M · Wachovia Bank NA |
| — | — | Storage Partners Of Miramar LLC | — | Deed Of Trust · related | $1.1M · Wachovia Bank NA |
| — | — | Miramar Centre B LLC | — | Deed Of Trust · related | $16.8M · Regions Bank |
Description
This exceptional Broward County warehouse offers immediate occupancy with three flexible leasing options: approximately 60,000 sq ft, 75,928 sq ft, or 152,675 sq ft. The 304,428 sq ft building, constructed in 2014 and renovated in 2019, sits on a spacious 20.08-acre lot and features a single-story design with a 32-foot clear ceiling height. Loading capabilities include 48 total docks, with 11 currently available for sublease, featuring 9' x 10' high doors and two 35,000 lb. levellers. The property also boasts two drive-in doors and ample parking for 336 vehicles (approximately 1.2 spaces per 1,000 sq ft). Available office space totals approximately 3,912 sq ft, including a main office and shipping office. The sublease rate is $12.95 per square foot; building services, property taxes, and utilities are not included. The space is in excellent condition and offers immediate occupancy. Power is 1600A/480V 3-phase. A 120' heavy truck court is also available.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- Off market
-
CAP approach
- CAP Return
- Estimation
- 6%
- $69,575,000
- 6.5%
- $64,225,000
- 7%
- $59,635,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $110,853,000
Market price range: $59.6M - $154M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $98,320,000 Current use
- MEDICAL BUILDING
- $106,295,000 Change: +8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miramar
- County
- Broward
- State
- Florida
- Longitude
- -80.353
- Latitude
- 25.9847
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
