For Auction

Miami Industrial / IOS Opportunity | 2.57 Acres | Rare IU-2 Heavy Industrial Zoning

1001 & 1015 NW 72nd St,
Miami, FL 33150

Asset Snapshot

Real Estate
Asset Type
Industrial
Property Type
2.57 Acres
Land Area

Investment Highlights

Rare IU-2 Heavy Industrial Zoning in Miami
Heavy manufacturing designation supports industrial operations, outdoor storage, and redevelopment.
2.57-Acre Industrial Outdoor Storage Site
Roughly 112,000 SF across three contiguous parcels delivers scale in a supply-constrained market.
36,317 SF of Existing Industrial Improvements
Office building and industrial hangar offer immediate utility for an owner-user or value-add buyer.
645 Feet of Frontage Along NW 72nd Street
Extensive frontage delivers visibility and access for fleet operators and logistics-oriented users.
In-Place Income With Owner-User Flexibility
Leases carry 3% and 4% annual increases, and both allow termination on sale with 30 days’ notice.
Paved Outdoor Storage and 45-Foot Truck Scale
Fencing and concrete loading ramps support heavy operations along the Florida East Coast Railway.

Offering Summary

Brokered by Coldwell Banker Realty, in association with Marcus & Millichap, and powered by RealINSIGHT Marketplace, 1001 & 1015 NW 72nd Street is a rare 2.57-acre heavy industrial site assembled from three contiguous parcels in Miami Shores, Florida. The property carries IU-2 Industrial, Heavy Manufacturing zoning, a designation that supports demanding industrial operations, outdoor storage, and future redevelopment. Approximately 36,317 SF of improvements include a one-story office building and a metal-covered industrial hangar, complemented by paved outdoor storage, concrete loading ramps, perimeter fencing, and a 45-foot truck scale. The site offers 645 feet of combined frontage along NW 72nd Street and sits adjacent to the Florida East Coast Railway corridor within Miami-Dade County’s established industrial network. The property is occupied by SA Recycling LLC and All-Ways Towing & Storage Inc. under separate leases with contractual annual increases of 3% and 4%, respectively. Both leases allow the landlord to terminate upon sale with 30 days’ written notice, letting a buyer hold the in-place income or transition the site to owner occupancy, expansion, or redevelopment. In a market where appropriately zoned industrial land is increasingly difficult to assemble, the offering combines scale, zoning, infrastructure, income, and control in one of South Florida’s most competitive industrial markets.

 

Zoning Link: https://www.miamidade.gov/global/economy/zoning/districts/iu-2-industrial-heavy-manufacturing.page

Due Diligence

Transaction Managers

Platform Fee

The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

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Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: AU93
Fisher Auction Co: AB106

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Auction Opens In
98d 16h 58m 14s
$5,000,000
Starting Bid
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Bidding Opens
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Investment Sales Brokers

Roman Tsimberg
Coldwell Banker Commercial Realty
Ian Grusd, CCIM SIOR
Marcus & Millichap
RN
Ryan Nee
FL License: BK3154667

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.