Miami Multi-Unit Warehouse For
10401 SW 186 Street, Miami, FL 33157
Free-standing corner unit warehouse in a thriving Miami location.
Type:Industrial
Property size:
17,734 SFPrice / SF:
$228/SF- Added:
- Mar 5, 2026
- Days on Market:
- 79
- 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 agent Dante Aleman License #0697870 (305) 500-5554
Listing office Kaizen Realty Partners, LLC (305) 500-5554
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
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).
- 17,734 SF with 5 contiguous units and flexible layout.
- Street‑level loading with four overhead rolling doors.
- Ample parking with 19 paved spaces.
Overview
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.
Financial Insights
Value Estimation Calculated for Warehouse
Conservative
$2.58M
NOI $232,476 @ 9.00% cap · cautious / downside scenario
Moderate
$3.32M
NOI $232,476 @ 7.00% cap · market / base-case scenario
Aggressive
$4.65M
NOI $232,476 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Warehouse
| 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 Use Scenarios
Best Use
Warehouse
$3.32M
$2.91M – $3.87M
NOI $232,476 @ 7.0% cap · market cap 5.74%
Second Best
Industrial
$2.74M
$2.39M – $3.19M
NOI $191,451 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$9.00M
$7.87M – $10.50M
NOI $629,804 @ 7.0% cap · market cap 15.55%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Mathew Nevels Fast ...
(Bike/Boat/Book/etc) Store
Miami Organic Pest ...
Garden Center
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- Self Storage — 18901 sw 106th ave, cutler bay, fl 33157
- CubeSmart Self Storage — 19395 SW 106th Ave, Cutler Bay, FL 33157
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.3611
- Latitude
- 25.5964
Nearby Similar for Sale
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).
