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Industrial Property Sale in Airport East, Portland at 2172 NW 29th Ave for $1,275,000
Successful Sale of 2172 NW 29th Ave.
The recent successful sale of the industrial property at 2172 NW 29th Ave in the bustling Airport East neighborhood adjacent to the Miami River, a testament to our expertise in real estate transactions.
Sale Overview
This efficiently executed sale, led by our team consisting of top broker, Christian N. Peter II showcases the property's potential and appeal to investors.
Sale Price: $1,275,000
Address: 2172 NW 29th Ave
Asset Class: Industrial
Price per Square Foot: $115.91
Building Specifications
This industrial building, characterized by its robust construction and strategic design, stands as a compelling investment opportunity.
Year Built: 1973
Number of Stories: 1
Lot Square Footage: 16,117
Building Size: 11,200 SF
Location Benefits
Airport East is renowned for its vibrant industrial and commercial activities. The property at 2172 NW 29th Ave is strategically positioned to benefit from the neighborhood's dynamic infrastructure and connectivity.
Nearby Attractions: Portland International Airport, just minutes away, enhances logistic efficiencies.
Convenience: Easy access to I-205 and I-84 enhances transportation links.
Public Transit: Earlington Heights (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover))
Sale Details
Zoning: BU-2, Miami
Seller: VG Investments Inc
Buyer: Sky Runner Warehouse 2 LLC
Building Size: 11,200 SF
Market Analysis
The local real estate market in Miami's Airport East area, is experiencing a surge in demand for industrial properties. The sale of 2172 NW 29th Ave aligns with market trends emphasizing strategic location and industrial capabilities.
Strong Demand: Increasing interest in logistics and manufacturing spaces.
Location Advantage: Proximity to major transportation hubs drives value.
Industrial Growth: A continuous rise in industrial property investments.
Conclusion
The sale of 2172 NW 29th Ave emphasizes the property's strategic advantages in a competitive market. This transaction underscores our company's adeptness in identifying and capitalizing on valuable real estate opportunities. Our expertise facilitated a seamless transaction process, ensuring satisfaction for all parties involved.
For inquiries or further information, please contact our office.
Christian Peter
Founder of Dark Horse Commercial Real Estate, a Miami-based firm specializing in income-generating commercial properties.
With 20+ years in the business, he’s helped clients buy, sell, and invest across Industrial, Multi-Family, Retail, and Office assets.
Assistance Hours
Mon – Fri 9:00am – 5:00pm
Phone Number:
(305) 987-3053
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Mon – Fri 9:00am – 4:00pm
Phone Number:
(305) 987-3053
