Creative Warehouse With Roll-Up
For Sale
$525,000
117-14262 Sw 140th St, Miami, FL 33168
Finished warehouse space in a gated commercial complex with a private restroom, kitchenette, and controlled-access setting.
Property Size1,100 SF
Price / SF$477.27
Days on Market13
Property Features for 117-14262 Sw 140th St
General Information
Standard status
Active
Size
1,100 SF
Warehouse & Industrial
Clear Height
22 ft
Warehouse Space
1,100 SF
Conditioned Warehouse
Yes
Additional Details
Gross Income
$40,200
Fenced Yard
Yes
Amenities
private restroom
kitchenette
professionally finished interior
custom cabinetry
premium heavy-duty shelving
stained concrete floors
black walls and ceilings
mounted 75-inch TV
professional sound system
Listing Agency:
Luxe Properties
(305) 809-7650
Listed By:
Adriana Ares · License #3375691
(305) 450-7875
Source:
Exprealty
Added: Sep 15
Changed: Sep 25
Last Checked: Sep 26 at 10:33AM
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 Luxe Properties
Investment Insights
Based on property information with market context.
This 1,100 SF warehouse is arranged as a professionally finished commercial workspace within a gated complex. The approximately 22-foot ceilings are complemented by an electric roll-up door, upgraded LG Smart A/C with app controls, stained concrete floors, and a private restroom. A kitchenette, custom cabinetry, and heavy-duty shelving add practical functionality, while a mounted 75-inch TV and professional sound system support the existing interior setup.
The property is currently leased to an established company and is located at 117-14262 SW 140th St in Miami, Florida. The association fee is $175/month. Showings are available by appointment.
The property is currently leased to an established company and is located at 117-14262 SW 140th St in Miami, Florida. The association fee is $175/month. Showings are available by appointment.
Key Highlights
- 1,100 SF warehouse in a gated commercial complex
- Approximately 22‑foot ceilings with an electric roll‑up door
- Upgraded LG Smart A/C with app‑based controls
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,945
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$358,900
$358.9K
Cap Rate 7%
$256,357
$256.4K
Cap Rate 9%
$199,389
$199.4K
Market Conditions
NOI Build-Up for 1,100 SF
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.
Gross rent
$22.2K $20.16/SF
− Vacancy
−$1.1K −$0.97/SF
EGI
$21.1K $19.19/SF
− OpEx
−$3.2K −$2.88/SF
NOI
$17.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$358,900
Cap Rate 7%
$256,357
Cap Rate 9%
$199,389
Alternative Uses
Best Use
Warehouse
$256.4K
$224.3K – $299.1K
NOI $17,945 @ 7.0% cap · market cap 3.42%
Second Best
Flex RnD
$230.4K
$201.6K – $268.8K
NOI $16,130 @ 7.0% cap · market cap 3.07%
Theoretical Best
Specialty Retail
$742.5K
$649.7K – $866.3K
NOI $51,975 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
22 ft
Clear height
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
849
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33168, FL
24,715
Population
6,761
Households
3.7
Avg Household Size
39
Median Age
16%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
6,865
Density / Sq Mi
$58,636
Median Household Income
$31,984
Median Earnings
$1,576
Median Rent
$329,000
Median Home Value
Market
Vacancy Rate% for Industrial in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Finished warehouse space in a gated commercial complex with a private restroom, kitchenette, and controlled-access setting.
Where is this warehouse located?
The property is located at 117-14262 Sw 140th St Miami, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 1,100 SF warehouse in a gated commercial complex; Approximately 22‑foot ceilings with an electric roll‑up door; Upgraded LG Smart A/C with app‑based controls
