Industrial Properties
517 Northwest 72nd Street Miami, FL 33150
Details & Description
Price: $2,200,000
    Metro 1 is pleased to present the opportunity to acquire a 18,125 SF industrial building that sits on a 26,447 SF lot. The property is subdivided into 4 spaces and is leased at undermarket rents. The property also has additional income from a billboard that overlooks I-95. This property is located in the up and coming Little River Business District which has seen great demand from tenants being displaced from neighboring districts.
    Listing Agents
    Tony Cho

    O: 305-571-9991
    tcho@metro1.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    517 Northwest 72nd Street

    Miami, FL 33150

    Listing ID: 147622
    • 517 Northwest 72nd Street Miami, FL 33150 | for Sale | Photo 1
    • 517 Northwest 72nd Street Miami, FL 33150 | for Sale | Photo 2
    • 517 Northwest 72nd Street Miami, FL 33150 | for Sale | Photo 3
    517 Northwest 72nd Street | for Sale | Thumbnail 1
    517 Northwest 72nd Street | for Sale | Thumbnail 2
    517 Northwest 72nd Street | for Sale | Thumbnail 3
    Building Size: 18,125 SF
    Lot Size: 0.610 AC
    Land Size: 26,571 SF
    Building $/SF: $121.38
    Land $/SF: $82.80
    Price
    $2,200,000
    Description
    Metro 1 is pleased to present the opportunity to acquire a 18,125 SF industrial building that sits on a 26,447 SF lot. The property is subdivided into 4 spaces and is leased at undermarket rents. The property also has additional income from a billboard that overlooks I-95. This property is located in the up and coming Little River Business District which has seen great demand from tenants being displaced from neighboring districts.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Miami History of Industrial Properties for Sale

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    Miami Area Market Trends

    Listing Demographics for 517 Northwest 72nd Street Miami, FL 33150

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population33,045202,229546,537
    Population Median Age363739
    Population by Age0-9 Yrs5695 (17%)27133 (13%)64306 (11%)
    10-19 Yrs3806 (11%)24948 (12%)59789 (10%)
    20-29 Yrs4984 (15%)29164 (14%)77421 (14%)
    30-39 Yrs4268 (12%)30096 (14%)82362 (15%)
    40-49 Yrs4415 (13%)26856 (13%)76001 (13%)
    50-59 Yrs4105 (12%)26389 (13%)74780 (13%)
    60-69 Yrs2638 (7%)19368 (9%)54962 (10%)
    70+ Yrs3135 (9%)18274 (9%)56915 (10%)
    Median HH Income$23,109$33,129$34,541
    Total Household Income< 24K6043 (53%)26834 (40%)70288 (38%)
    25-49K2876 (25%)17239 (26%)47527 (25%)
    50-74K1442 (12%)10001 (15%)27096 (14%)
    75-99K434 (3%)4571 (6%)14733 (8%)
    100-199K396 (3%)5732 (8%)17354 (9%)
    200K+57 (0%)1919 (2%)6207 (3%)
    Highest Education LevelNo Diploma661734778101336
    Diploma or GED712543758122844
    Some College28792095255307
    Assoc. Degree17131069728648
    Bachelors Degree17161736951723
    Higher Degree654849327471
    Total Housing Units12,44975,243209,418
    --Owner-Occupied2,16522,63563,907
    --Renter-Occupied9,08443,662119,299
    Owner-Occupied Values< 100K73143869276
    100-199K758697619345
    200-299K339438015609
    300-399K20022677155
    400-499K3712943362
    500K+9933329161
    Total Working Age Population24,930159,994446,393
    In Work Force14,46496,408269,916
    Not In Work Force10,46663,586176,477
    Workforce Employed11,80685,189247,455
    Workforce Unemployed2,65711,20622,308
    Civlian Workforce14,46496,395269,762
    Military Workforce013154
    Total Households11,24866,297183,206
    Family Households6,49339,537109,305
    Non-Family Households4,75626,76073,901
    Married Couple2,13418,14058,461
    Other Family4,35821,39850,844
    Married w/Child9007,14722,483
    Single Male w/Child3221,7614,615
    Single Female w/Child1,8538,07817,848

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Miami-Dade County2,253,362+112,496,435+152,861,579+113,190,242

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 517 Northwest 72nd Street in Miami?
    The asking price for 517 Northwest 72nd Street is $2,200,000
    What is the building size of this Industrial property in Miami, FL?
    The size of the building/unit at 517 Northwest 72nd Street in Miami is 18,125 square feet
    How much land does the Miami, FL property at 517 Northwest 72nd Street include?
    517 Northwest 72nd Street in Miami includes 0.610 acres of land
    What is the population within 1 mile of 517 Northwest 72nd Street in Miami?
    The population within 1 mile of 517 Northwest 72nd Street Miami, FL 33150 is 33,045 people.
    Who do I contact for questions about 517 Northwest 72nd Street?
    You should contact the listing agent, Tony Cho, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Miami International Airport (MIA) 6
    Fort Lauderdale Hollywood International Airport (FLL) 16
    Palm Beach International Airport (PBI) 59