For Sale
$5,000,000

810 72Nd StMiami, FL 33150

1.3-acre industrial site, 8,500 SF warehouse.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Miami industrial property presents a compelling investment opportunity. Located at 810 NW 72nd St, Miami, FL 33150, this 1.3-acre site encompasses a substantial 8,500 square foot warehouse built in 1945. The property boasts a desirable IU-1 zoning designation and is situated within an Opportunity Zone, offering significant tax advantages. The asking price is $5,000,000, translating to $588.24 per square foot for the building and $87 per square foot for the land. The substantial lot size of 57,187 square feet provides ample space for potential development or expansion. This prime location in West Little River offers excellent access to major transportation routes and is within close proximity to Miami's city center, making it an ideal location for various industrial uses. The existing warehouse provides stable in-place income, further enhancing the investment potential. Given the scarcity of similarly sized sites in this last-mile location, this property represents a rare and highly sought-after investment opportunity in a thriving Miami market.

Highlights

  • $5,000,000 asking price for this 8,500 square foot warehouse.
  • Located in Miami, FL at 810 NW 72nd St, in the West Little River neighborhood.
  • 1.3-acre lot zoned IU-1, offering excellent development potential.
  • Features multiple buildings totaling approximately 8,500 square feet.
  • The property is situated in an Opportunity Zone.

Property Details for 810 72Nd St

Property type
Warehouses, Industrial properties
Square Feet
8,500 SF
Year Built
1945
Lot Size (sq. ft)
56,628 SF

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.84069882
Longitude
-80.21137072
810 72Nd St, Miami, Florida

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810 72Nd St
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