2355 NW 35th Ave - Warehouse FOR SALE


$6,500,000 USD
954-245-3492
2355 NW 35th Ave, Miami, FL for Sale
$6,500,000 USD
Warehouse - FOR SALE
1/7
null | 6.5% Cap Rate


HIGHLIGHTS

  • Versatile Industrial Asset with Redevelopment Potential
  • Attractive Short-Term Lease for Flexibility
  • Exceptional Zoning for High-Density Mixed-Use Development
  • Strategic Location in a Booming Corridor
  • Highly Desirable Urban Center Location
  • Prime for Redevelopment - Surrounded by Growth

OVERVIEW

Versatile Industrial Asset with Redevelopment Potential – A well-positioned industrial warehouse in Miami’s Palmer Lake Metropolitan Urban Center (PLMUC), offering strong current income and future upside for redevelopment. Attractive Short-Term Lease for Flexibility – The property is currently leased to Elite Collision Specialists, providing immediate cash flow with only three years remaining, making it ideal for investors or developers seeking near-term repositioning opportunities. Exceptional Zoning for High-Density Mixed-Use Development – PLMUC zoning allows for future multifamily, mixed-use, and high-density commercial development, positioning this site as a prime candidate for a significant value-add opportunity. Strategic Location in a Booming Corridor – Situated in a rapidly appreciating area near Miami International Airport, major transit hubs, and high-profile projects like Miami Freedom Park, this site is primed for strong long-term appreciation. Flexible Investment with Multiple Exit Strategies – Investors can retain the industrial use for income or capitalize on Miami’s surging demand for residential and mixed-use developments.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$457 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Freestanding, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

4

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.88

LAND SF

38,420

ZONING

PLMUC

APN/PARCEL ID

30-3128-035-0040

ASK ABOUT THIS PROPERTY

Joseph ThomasMarcus & MillichapMore Info
954-245-3492

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Joseph ThomasMarcus & MillichapMore Info
954-245-3492

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