Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    18640 SW 104Th Ct Cutler Bay, FL 33157

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    6,140 SF renovated warehouse with fully paved yard for lease.

    Property size:
    6,140 SF
    Lot size:
    0.43 Acres

    Property Features for 18640 SW 104Th Ct

    General Information

    Size
    6,140 SF
    Lot size
    0.43 Acres

    We can help!

    Listing Contact
    Joel A. Kattan, Sior
    Source: Moodyscre

    Listing Agent: Joel A. Kattan, Sior

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

    Learn more

    Property Insight Report

    Overview

    Renovated Warehouse with Paved Yard

    This is a fully renovated and enclosed property available for lease. It consists of a +/- 6,140 SF building with a fully paved yard.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

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

    Similar Places Nearby

    CubeSmart, CubeSmart Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Cutler Bay
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.361688
    Latitude
    25.595271

    Nearby Similar for Lease

    • $2,500 /Mo

      Cutler Bay Industrial Condominium

      1,360 SF industrial condo for lease in Cutler Bay.
      19101 SW 108Th Ave, Cutler Bay, FL 33157
      View Details
    • $3,000 /Mo

      Cutler Bay Industrial Warehouse Space

      Industrial warehouse space for lease in Cutler Bay, Florida.
      10780 SW 190Th St, Cutler Bay, FL 33157
      View Details
    • $4,400 /Mo

      Cutler Bay Flex Warehouse Space

      3,206 SF flex warehouse in Cutler Bay available for lease.
      10674/10678 SW 186Th Ln, Cutler Bay, FL 33157
      View Details
    • $1,750 /Mo
      Pending

      Cutler Bay Warehouse For Rent

      Warehouse near US 1 and Florida Turnpike available for rent.
      18563 SW 104Th Ave, Cutler Bay, FL 33157
      View Details
    • $16 SF/Yr
      22,166 SF

      Cutler Bay Warehouse Space Available

      Small bay industrial spaces for lease in Cutler Bay.
      10810 SW 188Th St, Cutler Bay, FL 33157
      View Details
    • $30 SF/Yr

      Retail Space on Dixie Highway

      Move-in ready retail space with high traffic exposure.
      19485 S Dixie Hwy, Cutler Bay, FL 33157
      View Details
    • $43 SF/Yr

      Auto Service Facility For Rent

      7,000 SF auto service facility with six service bays.
      20390 S Dixie Hwy, Cutler Bay, FL 33189
      View Details
    • Contact for pricing
      3,012 SF

      Retail Space in Cutler Bay

      Retail space available in a prime shopping center location.
      19401-19415 S Dixie Hwy, Cutler Bay, FL
      View Details
    • $3,700 /Mo

      Renovated Property with Magical Garden

      Charming, renovated property with a magical garden, perfect for relaxation.
      20075 SW 87Th Pl, Cutler Bay, FL 33189
      View Details
    • $3,400 /Mo

      Renovated Duplex with Modern Amenities

      Modern duplex with updated kitchen, spacious bedrooms, and convenient location.
      20077 SW 87Th Pl, Cutler Bay, FL 33189
      View Details
    • $43 SF/Yr
      7,000 SF

      Turnkey Auto Service Facility

      7,000 SF auto service facility with five lifts.
      20390 S Dixie Hwy, Cutler Bay, FL
      View Details
    • Contact for pricing

      New Publix-Anchored Retail Center

      Retail and restaurant spaces available in Cutler Bay, Florida.
      20871 Old Cutler Rd, Cutler Bay, FL
      View Details

    FAQs

    What type of property is this?
    Warehouse - 6,140 SF renovated warehouse with fully paved yard for lease.
    Where is this warehouse located?
    The property is located at 18640 SW 104Th Ct Cutler Bay, FL.
    What are key features of this property?
    This property features: - Fully renovated building; - Enclosed property; - +/- 6,140 SF building size
    (954) 448-8531 Call to check price and availability
    Request Owner's contact information
    18640 SW 104Th Ct Cutler Bay, FL 33157
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    18640 SW 104Th Ct
    Cutler Bay, FL 33157
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18640 SW 104Th Ct Cutler Bay, FL 33157
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Joel A. Kattan, Sior
    (954) 448-8531 (305) 635-2235
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!