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Development Opportunity

4475 & 4519 SW 75 Ave | Miami | FL | 33155


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Property Highlights

  • Near Major Attractions, Markets, Passenger And Cargo Hubs:
    • 15 Miles From Portmiami
    • 17 Miles From Downtown Miami Beach
    • Convenient Drive To Ft. Laud Int. Airport, Ports
    • Centrally located beside Palmetto Expressway
    • Average Rents: $8.85 SF
    • High Traffic Area: 122,000 VPD

Property Details

  • Price: $ 5,900,000
  • Transaction Type: For Sale
  • Property Type: Industrial
  • Building Size: 61,490 SF
  • Zoning Description: IU-2
  • Availability: Available

Property Description

This property comprises 61,490 SF of functional small bay industrial product on 2.4 Acres site exceptionally located  fronting the Palmetto Expressway SR 826.  The Palmetto expressway has a 122,000 daily vehicle count. There are 42 tenants total.  The property is currently 100% occupied considerably below market value.  All of the leases are month to month in the event an owner wants to develop the site.

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Nearest Airport

Miami International Airport
Drive Time: 20 min
Distance: 9 Miles

Financial Summary

Investment Highlights

Price $5,900,000.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $5,900,000.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00