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2300 34th Ave Miami, FL 33142-6930

OFF-MARKET Manufacturing properties Google Maps
10,226 SF 0.39 ac lot Built 1986
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$3.18M
Range $2.86M – $3.50M (±10%)
Property ID US18-4274757

Property summary

AI-generated overview

This freestanding industrial building, situated on a 16,890 square foot corner lot in Miami-Dade County's rapidly developing Palmer Lake Metropolitan Urban Center, presents a unique investment opportunity. The 10,226 square foot building features approximately 1,000 square feet of office space, high ceilings (22 feet), three-phase power, and convenient loading options including one dock-high door and two street-level loading doors. A fenced yard enhances security and functionality. The property benefits from flexible zoning (6118), allowing for uses permitted under BU-2 and some uses under BU-3 zoning designations, expanding potential uses beyond traditional industrial applications. Its strategic location offers significant advantages. It's directly across from an Amazon Palmer Lake distribution center, east of Miami International Airport, and near the Miami Freedom Park development, as well as the established communities of Miami Springs and Doral. The area is experiencing substantial growth, further enhanced by the presence of four hotels within walking distance and ongoing commercial development projects. This combination of size, features, location, and zoning flexibility makes this property an attractive prospect for a variety of industrial and potentially other permitted uses. The property's single-tenant occupancy provides a straightforward investment opportunity. The APN is 30-31-28-009-1200.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1986
Construction CONCRETE
Total area 10,226 SF
Lot 0.39 ac (16,898 SF)
Zoning code 6118
APN 30-3128-009-1200
UPID US18-4274757

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Building Supply General Contractor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.20M
CAP Approach CAP
$2.12M
Comparable Approach Comparable
$2.98M
Blend (final) Blend
$3.18M

Owner & transaction history

since 2026
Last sale
$3.0M
2 recorded transactions
2026
$3.4M
2022
$3.0M

Zoning & alternative use

6118 · Miami, FL
Top alternative use upside
Commercial (general) $4.7M +97.7%
Medical building $4.5M +88.9%
Retail stores $3.0M +26.9%

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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