Miami Gardens Flex Industrial/Retail
16355 NW 27th Ave, Miami Gardens, FL 33054
Commercial - Miami Gardens, FL
Property size:
8,000 SFLot size:
0.57 AcresPrice / SF:
$262/SF- Added:
- Apr 1, 2026
- Days on Market:
- 62
- Last Refresh:
- Jun 1 at 12:06 pm
Property Features for 16355 NW 27th Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- 6500
- Standard status
- Active
- APN
- 34-21-15-002-0500
- Size
- 8,000 SF
- Lot size
- 0.57 Acres
Building Details
- Year built
- 1961
- Architectural style
- Other
Listing agent Darious White License #3508013 (305) 200-0348
Listing office Trustpoint Realty, LLC. 15207 NW 60th Ave, Miami Lakes, FL (305) 200-0348
Listing date Apr 1, 2026
MLS# A11989966
Listing URL
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑exposure location on NW 27th Ave with 75,000–100,000+ vehicles passing daily.
- Anchored by Cricket Wireless, providing immediate in‑place income and tenant stability.
- Versatile 8,000 SF building on over 0.56 acres with grade‑level doors and 20’ ceilings.
- Excess land ideal for outdoor storage, fleet use, or future expansion.
- Strategic location with immediate access to I‑95 and the Florida Turnpike.
- Value‑add opportunity with below‑market in‑place income and potential for increased rents.
Overview
This commercial property is a flex industrial/retail asset situated on a signalized corner along NW 27th Ave in Miami Gardens, Florida, a high-traffic corridor with an estimated 75,000 to over 100,000 vehicles passing daily. The property combines industrial functionality with a retail component, anchored by Cricket Wireless. The building has 8,000 square feet of space and is located on over 0.56 acres. It features grade-level doors and 20-foot ceilings. The property has excess land suitable for outdoor storage, fleet use, or future expansion. The flexible configuration is suited for automotive, contractor, logistics, or service-based owner-users. The property has immediate access to I-95 and the Florida Turnpike. It is located in an area with a dense residential population, exceeding 500,000 within a 5-mile radius. The property is located in Miami-Dade County and has a zoning of 6500.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $146.9k | $18.36 |
| − Vacancy | −$8.1k | −$1.01 |
| EGI | $138.8k | $17.35 |
| − OpEx | −$20.8k | −$2.60 |
| NOI | $118.0k | $14.75 |
8,000 SF · lease $18.36/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.69M
$1.47M – $1.97M
NOI $117,981 @ 7.0% cap · market cap 5.62%
Second Best
Flex RnD
$1.51M
$1.32M – $1.76M
NOI $105,581 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$2.38M
$2.08M – $2.78M
NOI $166,720 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Miami Gardens
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.243968
- Latitude
- 25.923834
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - High-exposure flex industrial/retail asset on a busy Miami-Dade corridor.
Where is this flex space located?
The property is located at 16355 NW 27th Ave Miami Gardens, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: High‑exposure location on NW 27th Ave with 75,000–100,000+ vehicles passing daily.; Anchored by Cricket Wireless, providing immediate in‑place income and tenant stability.; Versatile 8,000 SF building on over 0.56 acres with grade‑level doors and 20’ ceilings.
