Miami Multi-Unit Warehouse For Sale

10401 SW 186 Street Miami, FL 33157

Claim this Listing
For Sale
$4,050,000

Free-standing corner unit warehouse in a thriving Miami location.

Type:Industrial
Property size:
17,734 SF
Price / SF:
$228/SF
Added:
Mar 5, 2026
Days on Market:
127
Last Refresh:
Apr 5 at 9:05 pm

Property Features for 10401 SW 186 Street

General Information

Standard status
Active
Size
17,734 SF
Property subtype
Industrial

Building Details

Year Built
1983

Listing office Kaizen Realty Partners, LLC

Listing date Mar 5, 2026

Source Kaizenrealtypartners

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Kaizen Realty Partners, LLC


Investment Insights

Based on property information with market context.

This free-standing corner unit multi-unit warehouse is for sale and conveniently located in Miami, Florida, offering easy access to major transportation routes within a robust industrial and distribution sector. The 17,734 square foot multi-tenant industrial property consists of 5 contiguous units built in 1983. The property is zoned ID, Industrial District, (Center Sub-District) and is located within the PECUC, Perrine Community Urban Center, Miami-Dade County, Florida. The uses allowed in this area include all uses within the IU-1 and IU-2 districts, which include most industrial uses, and uses in the MO (Mixed Use Optional) District are also allowed. The flexible layout features 16 to 20 foot ceiling heights. Exterior features include painted concrete block, stucco, and brick walls. The roof includes a built-up cover over concrete tees and a barrel tile mansard. Street-level loading is facilitated by four overhead rolling doors. Ample parking is available with 19 paved spaces. Diverse lighting includes fluorescent and recessed lights. The property is well-maintained with an asphalt-paved parking and loading area. Additional features include a billboard and high traffic count. With its close proximity to key points of interest and a strong commercial presence, the property presents an exceptional opportunity for industrial, warehouse, or distribution investors looking to capitalize on the dynamic South Florida market.

Key Highlights

  • Free‑standing corner unit multi‑tenant warehouse.
  • Located in a thriving area of Miami, FL with easy access to major transportation routes.
  • Zoned ID, allowing for a wide range of industrial uses (IU‑1, IU‑2, and MO districts).

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 $289.4k $16.32
− Vacancy −$15.9k −$0.90
EGI $273.5k $15.42
− OpEx −$41.0k −$2.31
NOI $232.5k $13.11
17,734 SF · lease $16.32/SF/yr · vacancy 5.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$3.32M
$2.91M – $3.87M (±1% cap)
NOI $232,476 @ 7.0% cap · market cap 5.74%
Second Best
Industrial
$2.74M
$2.39M – $3.19M (±1% cap)
NOI $191,451 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$9.00M
$7.87M – $10.50M (±1% cap)
NOI $629,804 @ 7.0% cap · market cap 15.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mathew Nevels Fast ... (Bike/Boat/Book/etc) Store Miami Organic Pest ... Garden Center

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Bar & Pub (Bike/Boat/Book/etc) Store Tanning Salon Coworking & Hybrid Office Pet Grooming Service Farmer's Market Restaurant

Zoning and permitted uses should be independently verified with local authorities.

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FAQs

What type of property is this?
Warehouse - Free-standing corner unit warehouse in a thriving Miami location.
Where is this warehouse located?
The property is located at 10401 SW 186 Street Miami, FL.
What is the asking price?
The asking price for this property is $4,050,000.
What are key features of this property?
This property features: Free‑standing corner unit multi‑tenant warehouse.; Located in a thriving area of Miami, FL with easy access to major transportation routes.; Zoned ID, allowing for a wide range of industrial uses (IU‑1, IU‑2, and MO districts).
Contact an agent
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