Cutler Bay Warehouse For
10780 SW 190th St 12, Cutler Bay, FL 33157
For Sale
Contact for pricing
Industrial warehouse available for sale in Cutler Bay, Florida.
Property Size24,327 SF
Price / SF$2.33
Days on Market183
Property Features for 10780 SW 190th St 12
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Listing Agency:
Real Estate Sales Force
Listed By:
Marco Hernandez · License FL #3525907
(786) 800-8899
Source:
Elliman
Added: May 14
Changed: Aug 8
Last Checked: Aug 8 at 7:04AM
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 Real Estate Sales Force
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
An industrial warehouse is available for sale in Cutler Bay. The 1,500-square-foot warehouse is located on the ground floor, facing the main road, off Marlin Road, right next to Home Depot. The property is open to almost any use, with the exception of an auto body shop, though high-end vehicle storage would be considered. The location has a bike score of 52, indicating it is bikeable, a walk score of 42, indicating car-dependent, and a transit score of 36, indicating some transit options are available.
Key Highlights
- Versatile space open to almost any use (except auto body), with potential for high‑end vehicle storage.
- Prime location: ground floor unit in Cutler Bay, facing the main road.
- Convenient access located off Marlin Road, next to Home Depot.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,194
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,880
$323.9K
Cap Rate 7%
$231,343
$231.3K
Cap Rate 9%
$179,933
$179.9K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$24.5K $16.32/SF
− Vacancy
−$1.3K −$0.90/SF
EGI
$23.1K $15.42/SF
− OpEx
−$6.9K −$4.63/SF
NOI
$16.2K $10.80/SF
Area
ZIP 33157
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,880
Cap Rate 7%
$231,343
Cap Rate 9%
$179,933
Alternative Uses
Best Use
Warehouse
$280.9K
$245.8K – $327.7K
NOI $19,664 @ 7.0% cap
Second Best
Industrial
$231.3K
$202.4K – $269.9K
NOI $16,194 @ 7.0% cap
Theoretical Best
Office A
$761.0K
$665.9K – $887.9K
NOI $53,271 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,394
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 33157, FL
68,069
Population
23,176
Households
2.9
Avg Household Size
42
Median Age
33%
College-Educated
86%
High-School Grad
14.9 sq mi
ZIP Area
4,568
Density / Sq Mi
$80,364
Median Household Income
$38,803
Median Earnings
$1,493
Median Rent
$478,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Cutler Bay, FL
Properties on Market for Warehouses in Cutler Bay
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse available for sale in Cutler Bay, Florida.
Where is this warehouse located?
The property is located at 10780 SW 190th St 12 Cutler Bay, FL.
What are key features of this property?
This property features: Versatile space open to almost any use (except auto body), with potential for high‑end vehicle storage.; Prime location: ground floor unit in Cutler Bay, facing the main road.; Convenient access located off Marlin Road, next to Home Depot.
