1693 97Th AveDoral, FL 33172

  • Industrial properties
  • 2,415 SF
For Sale
$1,200,000 View listing

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
1693 97Th Ave, Doral, Florida

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,811
-
-
$639,975
-
-
-
$639,975

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