Industrial Properties in Miramar, Florida, offer a unique investment opportunity for those looking to capitalize on the city's growing economy. With a population of approximately 130,000, Miramar is an attractive location for businesses and individuals alike. Industrial Properties in Miramar can represent a range of investments, from warehouses and manufacturing facilities to distribution centers and research and development spaces. These properties often feature amenities such as loading docks, cranes, and heavy power, making them ideal for companies that require specialized equipment and infrastructure. Miramar's strategic location, with easy access to major roads like U.S. 441 and Hallandale Beach Boulevard, makes it an attractive location for businesses that rely on transportation and logistics. Additionally, the city's diverse demographics, with a strong presence of Jamaican, Colombian, Cuban, Dominican, Haitian, and Trinidadian residents, create a unique cultural landscape that can be beneficial for businesses that cater to these communities. The city is also home to various institutions, including Broward College and Nova Southeastern University, which can provide a skilled workforce and opportunities for partnerships and collaborations. With its strong economy, diverse demographics, and strategic location, Miramar is an excellent place to invest in Industrial Properties.
Miramar's Industrial Properties are part of a larger commercial real estate market that includes Warehouses, Land, Apartment Buildings, and Commercial Real Estate. Warehouses in Miramar offer flexible spaces for companies that require storage and distribution facilities. Land in Miramar is available for development, providing opportunities for businesses to build custom facilities that meet their specific needs. Apartment Buildings in Miramar cater to the city's growing residential population, offering a range of housing options for individuals and families. Commercial Real Estate in Miramar includes office spaces, retail centers, and restaurants, providing a range of opportunities for businesses to establish a presence in the city. With 8 Industrial Properties available for sale, Miramar offers a diverse range of investment opportunities for those looking to capitalize on the city's growth. From small startups to large corporations, Miramar's Industrial Properties can provide the space and infrastructure needed to succeed. With its strong economy, diverse demographics, and strategic location, Miramar is an attractive location for businesses and investors alike.
What is the average price per square foot for industrial properties in Miramar?
The average price per square foot for industrial properties in Miramar is $375 USD.
How do location and transportation access affect industrial property values?
In Miramar, Florida, the location and transportation access of industrial properties play a significant role in determining their values, with proximity to major roads such as U.S. 441, Hallandale Beach Boulevard, and Pembroke Road being highly desirable.
- Industrial properties located near these major transportation arteries tend to have higher values due to the ease of access to markets, suppliers, and customers, as well as the ability to efficiently transport goods and materials.
- In addition, the availability of industrial properties in Miramar, with 8 listings currently on the market, and their average price per square foot of $375 USD, average size of 8,425 square feet, and largest size of 22,083 square feet, also impact their values.
- Furthermore, the average cap rate of 5.82% for industrial properties in Miramar suggests that investors are willing to pay a premium for properties with strong location and transportation access, which can drive up property values.
