16120 NW 127th Ave Hialeah, FL 33018

Listing office Industrial Advisors Miami

Listing date Nov 26, 2024

Source Crexi

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Investment Insights

Based on property information with market context.

This 10-acre commercial lot is suitable for truck parking and fleet storage. It features 144 parking spaces, currently generating an income of $40,000 per month. There is potential for expansion to 228 spaces, estimating an income of $87,000 per month. The property is located less than 2 miles from the intersection of Okeechobee Road and the Florida Turnpike, providing access to the Medley and Airport West industrial markets. Its central position offers proximity to major air and seaports across Miami-Dade and Broward Counties. Easy access is available via NW 127 Avenue off Okeechobee Road, situated one lot from the corner. Seller financing with competitive terms is available for qualified buyers.

Key Highlights

• Generates $40,000 per month from 144 parking spaces.
• Potential to increase income to $87,000 per month with expansion to 228 spaces.
• Seller financing available for qualified buyers.

Property Analytics

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FAQs

What type of property is this?

Parking lot & garage - 10-acre commercial lot ideal for truck parking and fleet storage.

Where is this parking lot & garage located?

The property is located at 16120 NW 127th Ave Hialeah, FL.

What is the asking price?

The asking price for this property is $11,900,000.

What are key features of this property?

This property features: Generates **$40,000 per month** from 144 parking spaces.; Potential to increase income to **$87,000 per month** with expansion to 228 spaces.; Seller financing available for qualified buyers.