3020 NW 23rd Ter - Retail FOR SALE


Miami, FL 33142- Melrose Heights
$1,100,000 USD
786-970-0851
3020 NW 23rd Ter, Miami, FL for Sale
$1,100,000 USD
Retail - FOR SALE
1/14
null | Request Cap Rate

3020 NW 23rd Ter
Miami, FL 33142
Melrose Heights


OVERVIEW

This rare industrial offering in Miami’s Allapattah district presents a unique opportunity to acquire a fully entitled automotive site with grandfathered body shop use—an increasingly scarce designation in today’s regulatory environment. Spanning 11,764 square feet, the property is zoned IU-1 and is ready for immediate operation, eliminating the delays and uncertainty typically associated with permitting for automotive or repair businesses. The property features ample outdoor space suitable for vehicle staging, equipment storage, or future expansion. With its flexible zoning and strong logistical positioning, this site is equally attractive to owner-users seeking operational readiness or investors targeting long-term redevelopment upside in one of Miami’s most active industrial submarkets.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$287 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

I

APN/PARCEL ID

30-3128-006-0700

ASK ABOUT THIS PROPERTY

Rey MoyaFausto Commercial Realty ConsultantsMore Info
786-970-0851

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Rey MoyaFausto Commercial Realty ConsultantsMore Info
786-970-0851

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