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1375 NW 89th Ct
Miami, FL 33172
Doral Small Bay Cold Storage- 7% Cap · Industrial Property For Sale

Property Facts

Property Type Industrial
Property Subtype Refrigeration/Cold Storage
Building Class C
Lot Size 1.21 AC
Rentable Building Area 18,152 SF
No. Stories 1
Year Built 1976
Parking Ratio 1.93/1,000 SF
Clear Ceiling Height 18’9”
No. Dock-High Doors/Loading 16
Zoning IU-C, County

Amenities

  • 24 Hour Access
  • Bus Line
  • Cooler
  • Fenced Lot
  • Freezer (Space)
  • Property Manager on Site
  • Signage
  • USDA/FDA
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting
  • Water
  • Sewer - City

About 1375 NW 89TH CT , MIAMI, FL 33172

Marcus & Millichap is proud to present 1375 NW 89th Court in Doral, Florida. Built in 1976, the property has 18,152 square feet on a 52,810-square-foot lot. The property has excellent access to State Road 836 and the Dolphin Expressway, giving access to Miami International Airport and the Port of Miami. The building has sixteen separate bays all with their own dock high loading area. Many of the tenants are involved in the seafood and meat industry locally so the location is both convenient and crucial for their business. A majority of the space has been occupied by the same tenants over the last ten years. This shows both the stability of the building and the high barrier of entry in the cold storage industry. An investor would have the opportunity to earn over a twenty percent cash-on-cash return with proposed financing.

Property Taxes

Property Taxes

Parcel Number
35-3033-001-0040
Land Assessment
$2,640,500
Improvements Assessment
$2,037,500
Total Assessment
$4,678,000
  • Listing ID: 3619473

  • Date on Market: 9/23/2016

  • Last Updated:

  • Address: 1375 NW 89th Ct, Miami, FL 33172

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