High-Exposure Flex Industrial/Retail
16355 NW 27th Ave Miami Gardens, FL 33054
16355 NW 27th Ave, Miami Gardens, FL, 33054
$2,100,000
For Sale
$2,100,000
Versatile property with industrial functionality and strong retail component.
Property Size8,000 SF
Lot Size0.56 Acres
Price / SF$262.50
Days on Market108
Property Features for 16355 NW 27th Ave
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Lot size
- 0.56 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1961
Listing Agency
Trustpoint realty llc
(305) 747-0260
Listed by
Darious White · License #3508013
(305) 747-0260
Source
Elliman
Added: Apr 1 Checked: Jul 17 at 3:34 am
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 Trustpoint realty llc
Investment Insights
Based on property information with market context.
This flex industrial/retail asset is positioned on a signalized corner along NW 27th Ave, a corridor with a high traffic volume. The property combines industrial functionality with a retail component, anchored by Cricket Wireless. The 8,000 square foot building sits on over 0.56 acres and features grade-level doors and 20-foot ceilings. Excess land is available for outdoor storage, fleet use, or future expansion. The flexible configuration is suited for automotive, contractor, logistics, or service-based owner-users. The property has access to I-95 and the Florida Turnpike and is surrounded by a dense residential population. The location benefits from consumer demand and traffic flow. The property allows a new owner to increase rents, occupy the space, or reposition the asset to maximize returns. The bike score is 52, making it bikeable. The walk score is 51, indicating it is somewhat walkable. The transit score is 34, suggesting some transit options are available.
Key Highlights
- High‑exposure location on NW 27th Ave with 75,000–100,000+ vehicles passing daily.
- Anchored by Cricket Wireless, providing immediate in‑place income and tenant stability.
- Versatile 8,000 SF flex industrial/retail building on over 0.56 acres with grade‑level doors and 20’ ceilings.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $172.8k | $21.60 |
| − Vacancy | −$10.4k | −$1.30 |
| EGI | $162.4k | $20.30 |
| − OpEx | −$56.9k | −$7.11 |
| NOI | $105.6k | $13.20 |
8,000 SF · lease $21.60/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.51M
$1.32M – $1.76M
NOI $105,581 @ 7.0% cap · market cap 5.03%
Second Best
Industrial
$1.39M
$1.21M – $1.62M
NOI $97,161 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$2.38M
$2.08M – $2.78M
NOI $166,720 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Versatile property with industrial functionality and strong retail component.
Where is this flex space located?
The property is located at 16355 NW 27th Ave Miami Gardens, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: High‑exposure location on NW 27th Ave with 75,000–100,000+ vehicles passing daily.; Anchored by Cricket Wireless, providing immediate in‑place income and tenant stability.; Versatile 8,000 SF flex industrial/retail building on over 0.56 acres with grade‑level doors and 20’ ceilings.
