1785 NW 21st Ter - Warehouse FOR SALE


Miami, FL 33142- Allapattah
$2,500,000 USD
305-927-6377
1785 NW 21st Ter, Miami, FL for Sale
$2,500,000 USD
Warehouse - FOR SALE
1/9
null | Request Cap Rate

1785 NW 21st Ter
Miami, FL 33142
Allapattah


HIGHLIGHTS

  • Turnkey Food-Grade Facility: Fully equipped with an active grease trap, dual exhaust hoods, and walk-in freezer—bypassing 18 months of permitting.
  • Structural Integrity: Features a premium Twin-T Concrete Roof (Resurfaced 2021) and robust CBS construction.
  • Zero Liability: 50-Year Recertification completed in 2025, ensuring compliance with all current Miami-Dade safety ordinances.
  • Heavy Power: Equipped with 400-Amp 3-Phase electric, ideal for specialized manufacturing and cold storage requirements.
  • Urban Core Logistics: Exceptional parking ratio (10 spaces) in a high-demand Allapattah location with immediate access to major transit arteries.

OVERVIEW

MIAMI FOOD-GRADE INDUSTRIAL HUB 1785 NW 21st Terrace, Miami, FL 33142 Price: $2,500,000 | Building Size: 4,500 SF | Price/SF: $555.56 Turnkey Food-Grade Hub | Twin-T Roof | 400A 3-Phase | 50-Yr Cert Done THE LOGISTICS LANDSCAPE: MIAMI’S URBAN CORE The Miami industrial market is currently defined by a severe lack of functional small-bay inventory. For Last-Mile operators and Food-Grade users, the barrier to entry isn't just price—it’s time. Standard "dry" warehouses in Allapattah trade at a lower price point but require a 12–18 month permitting and construction cycle for grease traps, power upgrades, and specialized drainage. This asset eliminates that friction, offering Immediate Operational Capability. PHYSICAL SPECIFICATIONS & ASSET QUALITY This facility is engineered to a standard far exceeding the legacy wood-truss or metal-deck warehouses common in the submarket: CBS Construction & Twin-T Roof: Built with reinforced concrete masonry (CBS) and a Twin-T Concrete Roof (Resurfaced 2021). Twin-T is the "Gold Standard" for South Florida industrial, providing maximum hurricane resilience, superior fire ratings, and the structural integrity required for heavy mechanical loads. Infrastructure for Food Logistics: Fully turnkey for food production, ghost kitchens, or catering. Features an installed Grease Trap, 3-Phase Electric with 400 Amps of power, dual high-capacity exhaust hoods (14’ and 22’), and Walk-in Freezer (17'x7'). Compliance & Certification: 50-Year Recertification Completed in 2025. This provides a clean bill of health, removing the structural liability and inspection risks that currently plague older Miami industrial stock. Exterior painted 8 years ago, partially repainted last year, and interior repainted last year. Logistics & Parking: Situated on a 7,000 SF lot, the site offers 10 dedicated parking spaces. This is a high-density parking ratio for a 4,500 SF building, essential for fleet management and staff in a congested urban corridor. INVESTMENT RATIONALE While standard "dry" warehouses in the Allapattah corridor trade closer to $380/SF, this property commands a premium justified by approximately $796,000 in specialized infrastructure and the avoidance of 1.5 years of permitting and carry-cost friction. This is the Standard for Miami Food-Grade Logistics—a plug-and-play engine for an owner-user who prioritizes Immediate Operational Capability over the risks, inflation, and downtime of a legacy build-out. VALUATION BREAKDOWN Market Floor (Standard Dry Shell): $1,701,000 (4,500 SF @ $378/SF) Infrastructure Injection: $537,000 (Twin-T Roof, Grease Trap, 400A 3-Phase Power, dual Hoods) Operational Carry & Compliance Hedge: $262,000 (50-Yr Cert Completion + 18-Month Permit Savings) TOTAL TARGET EXIT: $2,500,000 ($555.56 / SF) PROPERTY HIGHLIGHTS Turnkey Food-Grade Infrastructure: Skip the 18-month permitting backlog. Fully equipped with an active grease trap, dual high-capacity exhaust hoods (14’/22’), and a 17'x7' walk-in freezer structure. Rare D2 Industrial Zoning: Located in the City of Miami’s "Industrial District". This protected zoning allows for high-intensity food production and heavy manufacturing—a scarcity in the urban core. Structural Superiority: Premium Twin-T Concrete Roof (Resurfaced 2021) and CBS construction. The 50-Year Recertification was completed in 2025, ensuring zero structural liability for the buyer. Power Density: 400-Amp, 3-Phase, 4-Wire electric service (120/208V). Optimized for high-draw manufacturing, commercial kitchens, and cold storage. Strategic Logistics: Exceptional parking ratio with 10 dedicated spaces on a 7,000 SF lot. Immediate proximity to Miami’s primary transit arteries and urban distribution points.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$556 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Food Grade, 3PH 400 Amps, Grease Trap, TwinT

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Food Processing, Refrigeration/Cold Storage

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

UTILITIES

Lighting - Fluorescent, Water - City, Sewer - City

CLEAR CEILING HT

13 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.16

LAND SF

6,970

ZONING

I

APN/PARCEL ID

01-3127-045-0522

ASK ABOUT THIS PROPERTY

Victor JaramilloCBI Real EstateMore Info
305-927-6377

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Victor JaramilloCBI Real EstateMore Info
305-927-6377

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.