Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2375 70th Ave, Unit # Miami, FL 33122-1809

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2375 70th Ave, Unit # Miami, FL 33122-1809

    View on Map
    • Manufacturing properties
    • 1,281 SF
    Off-Market
    Property ID
    US18-6171800
    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
    Location Intelligence

    Current Use by Public Records

    • CARE AT MIA / Moving Company
    • JR Van and Car Rental / Car Rental Facility
    • Champion Motorsport Auto Sales / Car Dealership
    • 1st Leg Logistics / Freight Service / Logistics Company
    • NM Performance Parts / Auto Repair Shop / Auto Parts Store

    Property Details for 2375 70th Ave

    Year built
    2010
    Property size
    1,281 SF
    Property type
    Manufacturing properties
    APN
    30-3035-021-0240
    APU
    3030350210240

    Description

    This exceptional 2,640-square-foot flex space in Miami, Florida, presents a unique investment opportunity. Located at 2375 NW 70th Ave #B2, 33122, this single-tenant property boasts a strategic location in the West Airport industrial area, just blocks from the Palmetto Expressway and adjacent to Miami International Airport's cargo hub. The building is a two-story structure with a total of three parking spaces assigned to the unit (four assigned spaces are available). The space features approximately 1,500 square feet of warehouse space, complemented by 570 square feet of air-conditioned office space with new laminate flooring. A 570-square-foot mezzanine level, constructed with half-walls and stairs, adds valuable extra space. The warehouse area features a 22-foot ceiling height and convenient street-level access via one door. The property is zoned 0000 and its APN is 30-30-35-021-0160. The property's convenient location, ample parking, and modern features make it an ideal choice for a variety of businesses. The association offers a fast approval process, ensuring a smooth transaction. This is a rare opportunity to acquire a well-located, functional, and versatile commercial property in a high-demand area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3098
    Latitude
    25.7954
    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
    $5,620
    $0.00
    $0.00
    $416,325
    -
    $0.00
    $0.00
    $416,325

    Comparable in this City

    • Value Estimation by Request
      94,056 SF

      7991 21St St

      Flex space • 94,056 SF
      7991 21St St, Miami, FL 33122
      View Details
    • Value Estimation
      $925,000
      5,151 SF

      3000 79th Ave

      MANUFACTURING (LIGHT) • 5,151 SF
      3000 79th Ave, Doral, FL 33122-1010
      View Details
    • Value Estimation
      $2,835,000
      12,435 SF

      7610 25th St Ste, Unit 3

      MANUFACTURING (LIGHT) • 12,435 SF
      7610 25th St Ste, Miami, FL 33122-1725
      View Details
    • Value Estimation by Request
      920 SF

      7705 29th St, Unit 101

      MANUFACTURING (LIGHT) • 920 SF
      7705 29th St, Doral, FL 33122-1109
      View Details
    • Value Estimation
      $505,000
      2,472 SF

      3100 72nd Ave Ste, Unit 117

      MANUFACTURING (LIGHT) • 2,472 SF
      3100 72nd Ave Ste, Miami, FL 33122-1335
      View Details
    • Value Estimation
      $510,000
      2,100 SF

      8178 31st St

      MANUFACTURING (LIGHT) • 2,100 SF
      8178 31st St, Doral, FL 33122-1047
      View Details

    Similar Nearby for Sale

    • $1,450,000
      3,833 SF

      Updated Flex Space Near Airport

      Versatile industrial/warehouse flex space near Miami International Airport.
      3337 NW 74Th Ave, Miami, FL 33122
      View Details
    • $2,650,000
      7,200 SF

      Doral Industrial/Flex Space Available

      7,200 SF industrial/flex space in Miami-Dade area.
      8485-8555 NW 29Th St, Doral, FL 33122
      View Details
    • Contact for pricing

      Warehouse Near Airport For Sale

      Warehouse with office space, loading doors, and high ceilings.
      NW Warehouse 70 Ave, Miami, FL 33122
      View Details
    • $2,650,000

      Adaptable Industrial Space in Miami

      6,194 SF property in active industrial corridor, Miami-Dade.
      7620 NW 25Th St, Miami, FL 33122
      View Details
    • $339,000

      Doral Storefront/Office/Warehouse Unit

      Storefront/office/warehouse unit in Doral, minutes from Miami International Airport.
      7640 NW 25Th St, Miami, FL 33122
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Warehouse Sublease Opportunity

      5,400 SF warehouse sublease with office space available.
      7975 NW 21St St, Doral, FL 33122
      View Details
    • Contact for pricing
      14,980 SF

      Industrial Space Available For Rent

      Industrial property offering 19,845 square feet for rent.
      2105-2153 NW 86Th Ave, Miami, FL 33122
      View Details
    • Contact for pricing
      2,400 SF

      Doral Office/Flex Space for Rent

      Office/flex space in Doral, near Palmetto Expressway.
      7855 NW 29Th St, Miami, FL 33122
      View Details
    • Contact for pricing

      Miami Warehouse Near Airport

      25,750 SF warehouse with office space near Miami Airport.
      2205 NW 70Th Ave, Miami, FL 33122
      View Details
    • Contact for pricing

      Miami Airport Commercial Space Available

      Functional commercial space near MIA Cargo, ideal for import/export.
      2920 NW 72Nd Ave, Miami, FL 33122
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2375 70th Ave, Unit #
    Miami, FL 33122-1809
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!