For Sale
$240,000

3056 State Road 7Miramar, FL 33023

667 SF Flex Space, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
116
This 667-square-foot flex space industrial property in Miramar, Florida, presents a compelling value-add investment opportunity. Located at 3056 S State Rd 7, this Class B building, constructed in 1974, offers a unique blend of warehouse and office space. The warehouse area encompasses nearly 700 square feet, complemented by approximately 100 square feet of office space, making it suitable for various industrial uses, including warehousing and distribution. A significant feature is the existing non-conforming mezzanine, exceeding 500 square feet, providing substantial additional usable space. The property benefits from a convenient street-level door, ensuring efficient access and operations. Its strategic location along a major county corridor in a thriving commercial area offers high visibility and easy accessibility. The asking price is $240,000, translating to $359.82 per square foot. The lease is a gross lease with single tenancy, and the occupancy date is June 19, 2024. This property is ideal for businesses seeking a practical and potentially lucrative investment in a dynamic commercial hub. The property's combination of size, location, and existing features makes it a strong contender for a variety of industrial uses. The potential for increased value through improvements further enhances its investment appeal. This is a rare opportunity to acquire a well-situated flex space property in a high-demand area.

Highlights

  • $240,000 asking price for a 667 SF flex industrial building in Miramar, FL.
  • Class B, single-tenant, gross lease property with a $359.82/SF price.
  • Built in 1974, with an occupancy date of June 19, 2024.
  • Features approximately 700 SF of warehouse space, 100 SF of office space, and a non-conforming 500+ SF mezzanine.
  • Excellent location on a major county corridor in a vibrant commercial area with street-level access.

Property Details for 3056 State Road 7

Property type
Industrial properties, Flex space
Square Feet
667 SF
Class
B
Year Built
1974

Location Insight

City
Miramar
County
Broward
State
Florida
Latitude
25.9830659
Longitude
-80.2077352
3056 State Road 7, Miramar, Florida

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3056 State Road 7
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