For Sale
$1,200,000

1693 97Th AveDoral, FL 33172

2,886 SF Warehouse, Ideal for 1031 Exchange

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Class A warehouse, located at 1693 NW 97th Ave #5 in Doral, Florida, offers 2,886 square feet of versatile space, perfect for a variety of industrial or retail uses. Built in 2003, this single-story building features a 20-foot ceiling height, one loading dock, and four assigned parking spaces. The property boasts a concrete mezzanine adding approximately 636 square feet of additional space. High-impact windows and doors enhance security and natural light. The unit's strategic corner location provides excellent ventilation with doors on three sides. Zoned 7700, the property is suitable for light manufacturing. Its prime location on a busy Doral road offers exceptional visibility and accessibility, situated approximately 1.5 miles from major highways including the 836, 826, and Florida Turnpike. The asking price is $1,200,000, with a pro-forma NOI of $6,000 and a pro-forma cap rate of 0.50%. The property is available immediately and is suitable for a 1031 exchange. This is a rare opportunity to acquire a well-maintained, strategically located warehouse in a thriving area of Doral. The property includes one restroom and an office/storage room. Previous tenant utilized the space for automotive window film installation and related services.

Highlights

  • Ideal location on a main road in Doral, FL, offering excellent visibility and accessibility.
  • Corner unit with doors on three sides, providing exceptional ventilation.
  • Features a concrete mezzanine adding approximately 636 square feet.
  • High-impact windows and doors enhance security and natural light.
  • Includes four assigned parking spaces.
  • Immediately available for occupancy.

Property Details for 1693 97Th Ave

Property type
Warehouses, Retail properties
Square Feet
2,886 SF
Class
A
Year Built
2003
Buildings
1
Stories
1
Units
1

Location Insight

City
Doral
County
Miami-Dade
State
Florida
Latitude
25.7895633
Longitude
-80.3524534
1693 97Th Ave, Doral, Florida

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1693 97Th Ave
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