3141 NW 40Th St, Miami, FL 33142
For Sale
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This exceptional owner-user or investment opportunity presents a 13,875-square-foot, two-unit industrial warehouse in Miami's Allapattah neighborhood. Built in 1971 and renovated in 2021, this Class C property boasts 22-foot ceilings, three grade-level dock-high doors, and concrete block construction. Situated on a 16,826-square-foot lot zoned IU-1, the building offers ample storage and efficient loading/unloading capabilities. Its prime location provides easy access to major thoroughfares, including the SR 112 Expressway (with over 100,000 vehicles daily), and is conveniently located near Miami International Airport and within a 15-minute drive of Brickell, Downtown Miami, Wynwood, the Seaport, and Coral Gables. The asking price is $4,500,000 ($324.32/sq ft, $2,250,000/unit). This well-maintained property is ready for immediate occupancy and presents a strong investment opportunity due to its location and features. The property's excellent condition minimizes the need for immediate repairs or renovations. The high visibility from the SR 112 Expressway provides significant marketing advantages. This is a rare opportunity to acquire a functional and strategically located industrial property in a thriving Miami market.
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ANTIQUES & DESIGN, INC. Interior Design Home Decor Store
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Taller Matias Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Miami, FLMiami. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.