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29668422
29668423

2955 NW 75th St, Miami, FL 33147

AZ
FL FL BK3015211
Marcus & Millichap - The Zylberglait Group
Listed by Marcus & Millichap - The Zylberglait Group
Unpriced
123 days on market
Updated 100 days ago
Under Contract Opportunity zone

Vacant Industrial Building

Details
APN 30-3109-011-0020
Property Type Industrial
Sub Type Distribution, R&D (+1)
Square Footage 9,938
Net Rentable (SqFt) 9,938
Tenancy Vacant
Broker Co-Op Yes
Class C
Year Built 1974
Buildings 1
Stories 1
Acreage 0.770
Zoning IU-2
Parking Spaces 3 per 1,000 sq ft
Investment Type Value Add
Ceiling Height 18
Loading Docks 1
Ownership Fee Simple

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

Listing Contacts

AZ
FL FL BK3015211
Marcus & Millichap - The Zylberglait Group
Listed by Marcus & Millichap - The Zylberglait Group

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Additional Information

Name
Alex Zylberglait
License
FL BK3015211
Brokerage
Marcus & Millichap Miami
Title
Broker Associate
Brokerage Address
2916 North Miami Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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