2375 NW 21st Ter - Manufacturing FOR SALE


Miami, FL 33142- Allapattah
$4,495,000 USD
781-367-1454
2375 NW 21st Ter, Miami, FL for Sale
$4,495,000 USD
Manufacturing - FOR SALE
1/62
null | Request Cap Rate

2375 NW 21st Ter
Miami, FL 33142
Allapattah


HIGHLIGHTS

  • Offered at below replacement cost
  • 4 Overhead Doors
  • Phase 3 Power
  • Dock Height
  • Over 11,000 SF of ground floor space
  • D2 Industrial Zoning

OVERVIEW

Current Capital, the exclusive advisor, is pleased to present the industrial property located at 2375 NW 21st Terrace, Miami, Florida. This unique investment opportunity in the heart of the Allapattah neighborhood. The property is situated on a 17,142 square foot lot and features a two-story building constructed in 1980. The building encompasses approximately 12,594 square feet presently set up as a warehouse property with sales and executive offices. Featuring 4 overheard door openings, Phase 3 power and loading dock heights. The ground floor of the property is approximately 11,400 SQFT. The property features over 18,000 usable square footage which includes a second floor mezzanine storage area not included in the 12,594 building SQFT per the property appraiser. (See pages 10 + 11 of the OM) Strategically located a mere 4 miles from Downtown Miami and 5 miles from the Port of Miami, the property benefits from excellent accessibility to major thoroughfares including I-95, Florida Turnpike, 836 and 112. Miami Internation Airport is 2.8 miles from your doorstep. The Allapattah neighborhood boasts a diverse population and a thriving business community. With its central location and proximity to key commercial hubs, the property at 2375 NW 21st Terrace is well-positioned to capitalize on the area's economic momentum. The site's zoning and infrastructure support a variety of commercial uses, making it an attractive option for an owner user or investors seeking a versatile asset in a burgeoning market. Offered below replacement cost, this asset provides a unique opportunity in a desirable market. For more information or to schedule a viewing, please contact Current Capital at your earliest convenience.

FOR SALE DETAILS

PRICE

$4,495,000 USD

PRICE/SF

$357 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Allapattah Industrial

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

3

DRIVE INS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.39

LAND SF

17,141

ZONING

D2

APN/PARCEL ID

01-3127-046-0930

ASK ABOUT THIS PROPERTY

Caio MartinCurrent Capital Real Estate GroupMore Info
781-367-1454

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Caio MartinCurrent Capital Real Estate GroupMore Info
781-367-1454

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