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4101 NW 77th Ave

34,737 SF 100% Leased Industrial Building Miami, FL 33166 £9,468,000 (£273/SF) 4.01% Net Initial Yield

Investment Highlights

  • Situated in Miami
  • Convenient access to major highways and is close to Miami International Airport

Executive Summary

Prime warehouse located in the strategic hub of Palmetto and 36th Street in Miami, just minutes from the airport. This property features four commercial and retail spaces, each with CU and separate permits, offering exceptional flexibility for various business uses with long term rentals.
The property sits on a 59,456 SF lot with a 33,396 SF adjusted area, including ample parking. It offers four separate spaces designed with showrooms, storage, and dedicated parking, making it ideal for warehousing, storage, or retail operations. Property over 1 acre with many development options.
This is an unparalleled opportunity in a high-demand area – perfect for investors or owner-users seeking a premium commercial asset in Miami. Don't miss out!

Property Facts

Price £9,468,000
Price Per SF £273
Sale Type Investment
Net Initial Yield 4.01%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.36 AC
Rentable Building Area 34,737 SF
Number of Floors 1
Year Built 1970
Parking Ratio 3/1,000 SF
Clear Ceiling Height 18 ft
No. Dock-High Doors/Loading 2
Level Access Doors 2
Opportunity Zone Yes

Amenities

  • Fenced Lot
  • Signage
  • Air Conditioning

Utilities

  • Lighting
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-3026-007-0020
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£3,256,437

zoning

Zoning Code 7300 (Industrial-Heavy Manufacturing)
7300 (Industrial-Heavy Manufacturing)
  • Listing ID: 32905896

  • Date on Market: 21/08/2024

  • Last Updated:

  • Address: 4101 NW 77th Ave, Miami, FL 33166

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