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    OFF-MARKET
    Distribution centers

    3138 75Th St, Miami, FL 33147

    Built 1945
    Property ID
    US18-3038864
    Property summary
    AI-generated overview

    This 1945-built Miami-Dade County warehouse at 3138 NW 75th St, Miami, FL 33147, is offered at $1,800,000. The property presents a unique redevelopment opportunity, spanning a double lot. Currently, a single-family home in livable condition sits on the property, generating supplemental income through truck/RV parking. The expansive lot offers significant potential for various uses, including conversion into a shop, warehouse, boat yard, semi-truck yard, or even new multifamily construction. Buyers are advised to independently verify all information with Miami-Dade County. The property's industrial zoning and substantial size make it an attractive investment for those seeking a high-return project. The existing home provides immediate income potential while redevelopment plans are underway. This is a rare chance to acquire a large parcel in a desirable Miami location with significant upside. The property's versatility and location make it an exceptional opportunity for investors and developers alike. Act quickly to secure this promising investment.

    Property profile
    Verified
    Property type Distribution centers
    Year built 1945
    UPID US18-3038864
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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