1693 97Th AveDoral, FL 33172
- Industrial properties
- 2,415 SF
Property Details for 1693 97Th Ave
- Year built
- 2003
- Property size (Sq ft)
- 2,415 SF
- Zone code
- 7700:INDUSTRIAL,RESTRICT
- Property type
- Industrial properties
- Property subtype
- Manufacturing properties
- APN
- 35-3033-052-0050
- APU
- 3530330520050
Description
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.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $783,732
- Hospitality
- $717,895
- Educational
- $597,280
- Medical
- $617,821
- Retail
- $929,102
Location Insight
- City
- Doral
- County
- Miami-dade
- State
- Florida
- Latitude
- 25.7882
- Longitude
- -80.3524
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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