660 Miller DrMiami Springs, FL 33166

Property Details for 660 Miller Dr

Year built

1950

Construction

CONCRETE

Lot size

0.22 AC

Property size (Sq ft)

2,257 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Office properties

Property subtype

Office buildings

APN

05-3120-030-0090

APU

531200300090

Description

This exceptional 2,849-square-foot warehouse, situated on a spacious 9,450-square-foot lot in Miami Springs, Florida, presents a compelling investment opportunity. Built in 1950, this single-tenant industrial property boasts a desirable location, offering convenient access to major transportation arteries. Its strategic proximity to the airport and the SR 112 ramp ensures seamless logistics and accessibility. The warehouse itself features three offices, three bathrooms, and a kitchen area, providing ample space for both operational needs and administrative functions. The property is ADA compliant and equipped with advanced security features, including full CCTV and access control systems. Ample parking is available both at the front and rear of the building, catering to employees and clients alike. The warehouse benefits from both street and rear loading capabilities, enhancing operational efficiency. The property is in good condition for its age and represents a solid investment in a thriving area. All offers are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $639,916

  6.5%

  $590,691

  7%

  $548,499

• Comparable approach

  Method

  Valuation

  Relative Method

  $318,327

  Geo Method

  $318,327

• Alternative Use

  Use

  Valuation

  Residential

  $732,457

  Hospitality

  $670,927

  Educational

  $558,203

  Medical

  $577,401

  Retail

  $868,316

Location Insight

City

Miami Springs

County

Miami-dade

State

Florida

Latitude

25.8093

Longitude

-80.2719

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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