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Property profile & analytics
FOR LEASE
Industrial land

1740 NW 22Nd St Miami, FL 33142

0.16 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US18-4900506
Property summary
AI-generated overview

This exceptional 7,000-square-foot industrial parking lot, located at 1740 NW 22nd Street in Miami's Allapattah submarket (zip code 33142), presents a unique investment opportunity. Built in 2023, the property boasts a newly paved surface and a secure, gated design, minimizing the risk of theft or vandalism. The lot is zoned 7700 INDUSTRIAL, VACANT LAND and offers single tenancy. With a total of seven suites, the minimum divisible space is 1,150 square feet, and the maximum contiguous space available is 8,050 square feet. Currently, the entire 7,000 square feet is vacant. Its strategic location in Allapattah provides unparalleled convenience and accessibility to Miami's major transportation hubs, including the airport and port, significantly reducing transit times and operational costs. This property is ideal for businesses seeking secure and efficient parking solutions in a thriving industrial area. The lot's modern infrastructure ensures low maintenance and long-term value. This is a prime opportunity to acquire a well-located, secure, and newly constructed industrial parking facility in a high-demand area. The property features no buildings, stories, loading docks, drive-ins, or elevators.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.16 ac (7,000 SF)
Zoning code 7700:INDUSTRIAL,RESTRICT
APN 01-3127-045-0460
UPID US18-4900506
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
$2.18M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.18M
Owner & transaction history
Andover 1 LLC · 2 yrs held
Andover 1 LLC
since 2024
Last sale
$2.2M
4 recorded transactions
2024
$2.2M
2021
$1.2M
2015
$550,000
2004
$1.1M
Zoning & alternative use
7700:INDUSTRIAL,RESTRICT · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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