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    FOR SALE
    Warehouses

    3141 NW 40Th St, Miami, FL 33142

    13,875 SF 0.39 ac lot Built 1967
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US18-2560307
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1967
    Construction CONCRETE
    Total area 13,875 SF
    Lot 0.39 ac (16,826 SF)
    Zoning code 7100:INDUSTRIAL,LIGHT MFG
    APN 30-3121-043-0020
    UPID US18-2560307
    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
    Current use
    Occupant on record · Public records
    • ANTIQUES & DESIGN, INC. Interior Design Home Decor Store
    • Taller Matias Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.87M
    Owner & transaction history
    Fim LLC · 8 yrs held
    Fim LLC
    since 2018
    3 recorded transactions
    2018
    $890,000
    2014
    2000
    $500,000
    Zoning & alternative use
    7100:INDUSTRIAL,LIGHT MFG · Miami, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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