

Vacant Industrial Building
Vacant Industrial Building
Marketing description
Marcus & Millichap is pleased to present 2955 Northwest 75th Street, a 9,938-square-foot industrial facility located in Miami's West Little River district. Offered at $1,975,000 ($198.73 per SF), this property sits on a 0.77-acre parcel and features an Industrial Outdoor Storage (IOS) yard, providing a unique opportunity for logistics operations. The building offers a flexible floor plan with dock-high loading and enhanced electrical capacity, making it ideal for owner-users or single tenants needing secured outdoor storage.
Positioned just 0.2 miles south of the Northwest 79th Street corridor, the property offers immediate access to major highways, including Interstate 95, which is 2.5 miles away, and Miami International Airport, just 5.2 miles to the southeast. This central location allows for rapid transit across Miami-Dade County and provides a strategic advantage for logistics and distribution users, with access to a growing labor pool and the broader South Florida market.
Offered at a competitive price, the property provides investors with a 7.69% pro forma cap rate upon stabilization. With its unique features, including scarce outdoor storage and flexible space, this asset offers immediate upside through lease-up. The property’s location in a high-demand, supply-constrained corridor further enhances its long-term value and appeal for both investors and owner-users.
Investment highlights
Prime location with direct access to all major transportation routes
Just minutes away from Miami International Airport and Port Miami
Versatile property suitable for both owner-users and investors with a flexible floor plan
Expansive rear lot offering potential for increased rental income through Industrial Outdoor Storage
Affordable acquisition with a competitive price per square foot
Equipped with multiple loading doors, including dock-high access
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