810 72Nd StMiami, FL 33150

Property Details for 810 72Nd St

Year built

1945

Construction

CONCRETE

Lot size

1.31 AC

Property size (Sq ft)

7,000 SF

Zone code

7100:INDUSTRIAL,LIGHT MFG

Property type

Industrial properties

Property subtype

Other warehouses

APN

30-3111-035-4620

APU

3031110354620

Description

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.

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.8404

Longitude

-80.2116

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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