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    Property profile & analytics
    OFF-MARKET Estimated value $1,345,000
    Warehouses

    5793 Commerce Ln, South Miami, FL 33143-3640

    9,400 SF 0.14 ac lot Built 1975
    Individually Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US18-3225550
    Property summary
    AI-generated overview

    This exceptional 8,750-square-foot industrial property, situated on 0.14 acres in South Miami's Coral Gables submarket, presents a fantastic opportunity. The building, constructed in 1975 and renovated in 2019, is a Class B, two-story structure featuring 1,500 square feet of immediately available space. The available space boasts 16-foot ceilings and convenient access via 15-foot-high rolling doors. The property includes four loading docks and two drive-in doors, along with ten total parking spaces. Security is enhanced by a state-of-the-art fingerprint access system. While some use restrictions apply (details available upon request), suggested uses include car storage, general storage, creative studios, or workshops. The property is ideal for tenants requiring low traffic volume due to limited parking. Restricted uses include mechanically-oriented businesses and those anticipating high foot traffic. A minimum one-year lease is required. This prime South Miami location offers easy access to major transportation routes and is perfect for a variety of businesses seeking a functional and secure space. The address is 5793 Commerce Ln, South Miami, FL 33143.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1975
    Construction CONCRETE
    Total area 9,400 SF
    Lot 0.14 ac (6,000 SF)
    Zoning code 7000:INDUSTRIAL,GENERAL
    APN 09-4025-028-1350
    UPID US18-3225550
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.35M
    Owner & transaction history
    Commerce Ln · 6 yrs held
    Commerce Ln
    since 2019
    5 recorded transactions
    2019
    $1.9M
    2016
    2011
    1969
    1969
    Zoning & alternative use
    7000:INDUSTRIAL,GENERAL · South Miami, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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