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Airport Expressway 3480 NW 41st St

62,664 SF Industrial Building Miami, FL 33142 $12,500,000 ($199/SF)

Investment Highlights

  • Heavy Daytime Traffic on the Expressway
  • 7 mins to Miami International Airport
  • Spacious Flexible Layout
  • Prime Signage Exposure on the 112th
  • 12 mins to Miami Beach and Port of Miami

Executive Summary

62,644 SF Heavy Industrial Warehouse Available for Sale.
Superb frontage (for advertising purposes) on the #112 (Airport Expressway)
The building is a “true” two-story warehouse with +/-30,000 SF on each floor.

Attachments

3480 NW41st OM

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $12,500,000
Price Per SF $199
Sale Type Investment or Owner User
Sale Conditions High Vacancy Property
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Showroom
Building Class B
Lot Size 1.17 AC
Rentable Building Area 62,664 SF
No. Stories 2
Year Built/Renovated 1968/2024
Tenancy Single
Parking Ratio 0.8/1,000 SF
Clear Ceiling Height 11 FT
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes

Amenities

  • Fenced Lot
  • Signage
  • Storage Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-3121-050-0020
Land Assessment
$1,875,265
Improvements Assessment
$4,585,735
Total Assessment
$6,461,000

zoning

Zoning Code IU-2 (IU-2 - Industrial, Heavy Manufacturing Zoning Permits: All Uses Permitted in the IU-1 District Heavy Industrial Manufacturing Wholesale Offices)
IU-2 (IU-2 - Industrial, Heavy Manufacturing Zoning Permits: All Uses Permitted in the IU-1 District Heavy Industrial Manufacturing Wholesale Offices)
  • Listing ID: 31665836

  • Date on Market: 5/1/2024

  • Last Updated:

  • Address: 3480 NW 41st St, Miami, FL 33142

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