Potential 9% IRR over 10 years for this Value-add & reposition 4-bay Industrial (IU-1) freestanding warehouse offering off 183rd Street | Miami Gardens Drive, Miami, FL. Increase to market rents as leases turn over. Desirable central location in Miami Gardens submarket across from the Publix Distribution Warehouse and just off I-95 north of the Golden Glades Interchange between Miami & Fort Lauderdale Airports & Ports. Within driving distance to Miami Gardens Square Shopping Mall, MasTec Miami Gardens Service Center, Miami Dade County Transit NE Division, & Walmart Super Center. See attached OM or text name and email to Broker for OM.
Property Details
Price:
$2,590,000
MLS #:
A11522924
Status:
Active
Beds:
0
Baths:
0
Address:
18331 NE 1st Ave
Type:
Commercial
Subtype:
Industrial
City:
Miami
Listed Date:
Jan 29, 2024
State:
FL
Finished Sq Ft:
11,420
ZIP:
33179
Lot Size:
17,962 sqft / 0.41 acres (approx)
Year Built:
1968
See this Listing
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Schools
Interior
Flooring
Concrete
Exterior
Construction Materials
C B S Construction
Parking Features
Free Parking, Guest
Parking Spots
12
Roof
Composition Roll, Wood Truss/ Rafter
Financial
Buyer Agent Compensation
2%%
Tax Year
2023
Taxes
$21,222
Map
Community
- Address18331 NE 1st Ave Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33179
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