Corner Warehouse
12266 SW 131st Avenue #8, Miami, FL 33186
For Sale
Contact for pricing
A mezzanine, kitchenette, and full bathroom support a compact work-and-storage layout.
Property Size560 SF
Price / SF$3.21
Days on Market9
Property Features for 12266 SW 131st Avenue #8
General Information
Standard status
Size
Property subtype
Additional Details
Warehouse Space
Property Use
Building Details
Year Built
Listing Agency:
Florida Homes Realty & Mortgag
(904) 996-9144
Listed By:
Norma Torres · License FL #3124410
(305) 582-8057
Source:
Lehmannflorida
Added: Nov 4
Changed: Nov 12
Last Checked: Nov 12 at 2:17PM
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 Florida Homes Realty & Mortgag
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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.
This corner warehouse unit includes a small kitchen, one full bathroom, and a mezzanine suitable for office use. The building dates to 1984.
The property is near the Palmetto connection from the Turnpike at 128 Street, Tamiami Airport, and London Square Place, which includes a Costco.
The property is near the Palmetto connection from the Turnpike at 128 Street, Tamiami Airport, and London Square Place, which includes a Costco.
Key Highlights
- Corner‑position warehouse unit
- Mezzanine suitable for office use
- Small kitchen and one full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,136
Suggested Prices Based on Cap Rates
Cap Rate 5%
$182,720
$182.7K
Cap Rate 7%
$130,514
$130.5K
Cap Rate 9%
$101,511
$101.5K
Market Conditions
NOI Build-Up for 560 SF
Gross rent
$11.3K $20.16/SF
− Vacancy
−$542 −$0.97/SF
EGI
$10.7K $19.19/SF
− OpEx
−$1.6K −$2.88/SF
NOI
$9.1K $16.31/SF
Area
ZIP 33186
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%
$182,720
Cap Rate 7%
$130,514
Cap Rate 9%
$101,511
Alternative Uses
Best Use
Warehouse
$130.5K
$114.2K – $152.3K
NOI $9,136 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$305.8K
$267.6K – $356.8K
NOI $21,406 @ 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
3,811
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33186, FL
69,866
Population
24,397
Households
2.9
Avg Household Size
42
Median Age
36%
College-Educated
91%
High-School Grad
12.4 sq mi
ZIP Area
5,634
Density / Sq Mi
$86,481
Median Household Income
$46,755
Median Earnings
$2,021
Median Rent
$422,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Miami, FL
Properties on Market for Warehouses in Miami
Vacancy Rate% for Industrial in Miami, FL
Similar Off Market Nearby
- NVS Moving & Storage — 13370 SW 131st St, Miami, FL 33186
- A+ Storage — 12855 SW 136th Ave, Miami, FL 33186
- A+ Mini Storage — 12855 sw 136th ave, miami, fl 33186
- A+ Storage — 12981 SW 137th Ave, Miami, FL 33186
- Armstrong Relocation Services — 12914 SW 133rd Ct, Miami, FL 33186
Frequently Asked Questions
What type of property is this?
Warehouse - A mezzanine, kitchenette, and full bathroom support a compact work-and-storage layout.
Where is this warehouse located?
The property is located at 12266 SW 131st Avenue #8 Miami, FL.
What are key features of this property?
This property features: Corner‑position warehouse unit; Mezzanine suitable for office use; Small kitchen and one full bathroom
