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Industrial

10860 NW 24th St

10860 NW 24th St, Doral, FL 33172

Listing Price: $2,300,000

Lot Size
1.12 acres
Price/Acre
$2,046,324
Land Type
Redevelopment

Investment Overview

Marcus & Millichap is proud to present 10860 NW 24th Street, a 48,960 square foot (1.12-acre) development opportunity located in the Sweetwater submarket of Miami, Florida. The subject property is zoned I-1 (Light Industrial Manufacturing) allowing for a variety of uses such as industrial, office, and manufacturing. The property is currently generating $6,000 per month with short-term leases.

10860 NW 24th Street is located just 0.8 miles from the Ronald Reagan Turnpike (SR 821), which has traffic counts of over 124,000 vehicles per day and just 1.7 miles from the Dolphin Expressway (SR 836), which has traffic counts of over 123,500 vehicles per day. The subject property is also in close proximity to Miami International Airport and is just minutes from Doral.

The industrial submarket in Sweetwater has held up throughout the coronavirus pandemic with one of the Miami metros lowest vacancy rates. Due to the lack of new inventory in the immediate area, the Sweetwater industrial submarket has been able to flourish in recent years. With less than 200,000 square feet of industrial space currently in the construction pipeline, it is one of only a handful of Miami industrial submarkets gaining new supply.

10860 NW 24th Street is the perfect opportunity for a developer looking to take advantage of the flexible industrial zoning within the Sweetwater submarket of Miami.

Investment Highlights

  • Generating $6,000 per month in Income
  • Located just off the Ronald Reagan Turnpike and Dolphin Expressway
  • Located in Close Proximity to Doral and the Miami International Airport
  • Zoned I-1 (Light Industrial Manufacturing)
  • Industrial Development Opportunity in a Growing Submarket

Exclusively Listed By

Listing Price: $2,300,000

Lot Size
1.12 acres
Price/Acre
$2,046,324
Land Type
Redevelopment

Investment Highlights

  • Generating $6,000 per month in Income
  • Located just off the Ronald Reagan Turnpike and Dolphin Expressway
  • Located in Close Proximity to Doral and the Miami International Airport
  • Zoned I-1 (Light Industrial Manufacturing)
  • Industrial Development Opportunity in a Growing Submarket

Investment Overview

Marcus & Millichap is proud to present 10860 NW 24th Street, a 48,960 square foot (1.12-acre) development opportunity located in the Sweetwater submarket of Miami, Florida. The subject property is zoned I-1 (Light Industrial Manufacturing) allowing for a variety of uses such as industrial, office, and manufacturing. The property is currently generating $6,000 per month with short-term leases.

10860 NW 24th Street is located just 0.8 miles from the Ronald Reagan Turnpike (SR 821), which has traffic counts of over 124,000 vehicles per day and just 1.7 miles from the Dolphin Expressway (SR 836), which has traffic counts of over 123,500 vehicles per day. The subject property is also in close proximity to Miami International Airport and is just minutes from Doral.

The industrial submarket in Sweetwater has held up throughout the coronavirus pandemic with one of the Miami metros lowest vacancy rates. Due to the lack of new inventory in the immediate area, the Sweetwater industrial submarket has been able to flourish in recent years. With less than 200,000 square feet of industrial space currently in the construction pipeline, it is one of only a handful of Miami industrial submarkets gaining new supply.

10860 NW 24th Street is the perfect opportunity for a developer looking to take advantage of the flexible industrial zoning within the Sweetwater submarket of Miami.

Exclusively Listed By

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