Warehouse with Street-Level
For Sale
Contact for pricing
109-10705 Sw 216th St, Miami, FL 33170
Office space, a private bathroom, and on-site management support day-to-day operations.
Property Size2,500 SF
Price / SF$1.66
Days on Market27
Property Features for 109-10705 Sw 216th St
General Information
Standard status
Active
Size
2,500 SF
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
2
Additional Details
Highway Access
Yes
Property Use
Warehouse
Amenities
On-site property manager
Listing Agency:
Paradise Real Estate Systems
Listed By:
Jessica Cabrera
(305) 220-4101
Source:
Exprealty
Added: Oct 5
Changed: Oct 30
Last Checked: Oct 30 at 3:41PM
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 Paradise Real Estate Systems
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,500-square-foot warehouse includes office space, a private bathroom, 16-foot ceilings, and two street-level loading doors. The property is described as clean and well maintained, with an on-site property manager and parking for employees and customers.
The warehouse is next to the Florida Turnpike, with access to Miami-Dade and South Florida. Water is included in the rent.
The warehouse is next to the Florida Turnpike, with access to Miami-Dade and South Florida. Water is included in the rent.
Key Highlights
- 2,500 SF warehouse
- 16‑foot ceiling height
- Two street‑level loading doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,784
Suggested Prices Based on Cap Rates
Cap Rate 5%
$815,680
$815.7K
Cap Rate 7%
$582,629
$582.6K
Cap Rate 9%
$453,156
$453.2K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$50.4K $20.16/SF
− Vacancy
−$2.4K −$0.97/SF
EGI
$48.0K $19.19/SF
− OpEx
−$7.2K −$2.88/SF
NOI
$40.8K $16.31/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$815,680
Cap Rate 7%
$582,629
Cap Rate 9%
$453,156
Alternative Uses
Best Use
Warehouse
$582.6K
$509.8K – $679.7K
NOI $40,784 @ 7.0% cap · market cap 982.75%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.69M
$1.48M – $1.97M
NOI $118,126 @ 7.0% cap · market cap 2,846.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
16 ft
Clear height
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33170, FL
14,908
Population
4,839
Households
3.1
Avg Household Size
37
Median Age
22%
College-Educated
79%
High-School Grad
12.4 sq mi
ZIP Area
1,202
Density / Sq Mi
$68,953
Median Household Income
$40,052
Median Earnings
$1,511
Median Rent
$426,200
Median Home Value
Market
Vacancy Rate% for Industrial in Miami, FL
Similar Off Market Nearby
- CubeSmart Self Storage — 10100 SW 216th St, Cutler Bay, FL 33190
Frequently Asked Questions
What type of property is this?
Warehouse - Office space, a private bathroom, and on-site management support day-to-day operations.
Where is this warehouse located?
The property is located at 109-10705 Sw 216th St Miami, FL.
What are key features of this property?
This property features: 2,500 SF warehouse; 16‑foot ceiling height; Two street‑level loading doors
