Industrial Warehouse with Truck
For Sale
$8,900,000
150 SW 14th Ave, Homestead, FL 33030
4.75-acre fenced industrial site with a warehouse, CBS block walls, and an on-site truck scale for logistics and storage.
Property Size21,738 SF
Lot Size4.75 Acres
Price / SF$409.42
Days on Market80
Property Features for 150 SW 14th Ave
General Information
Standard status
Active
Size
21,738 SF
Lot size
4.75 Acres
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Warehouse Space
21,738 SF
Building Details
Year Built
1969
Building Size
21,738 SF
Construction
twin-T concrete, CBS block walls
Listing Agency:
Coldwell Banker Schmitt R.E.
Listed By:
Yvette Doherty · License #SL3281170
(786) 236-8158
Source:
Mymiahomes
Added: Jul 28
Changed: Oct 14
Last Checked: Oct 7 at 2:39PM
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 Coldwell Banker Schmitt R.E.
Investment Insights
Based on property information with market context.
This 4.75-acre industrial property includes approximately 21,738 square feet of warehouse space on fully fenced land. The facility is built with durable TPO twin-T concrete roofing and CBS block walls and includes a commercial truck scale, supporting a range of warehouse and industrial uses. The site is configured to accommodate outdoor storage, vehicle parking, equipment staging, and container storage.
The property is within the Urban Development Boundary (UDB) and offers approximately 328 feet of frontage on Redland Road (SW 187 Avenue), with an approximate 632-foot depth for operational flexibility.
The combination of a dedicated warehouse footprint, fenced yard, and truck scale makes this facility well-suited for distribution, logistics, manufacturing, moving and storage, and fleet-based business operations as described in the offering.
The property is within the Urban Development Boundary (UDB) and offers approximately 328 feet of frontage on Redland Road (SW 187 Avenue), with an approximate 632-foot depth for operational flexibility.
The combination of a dedicated warehouse footprint, fenced yard, and truck scale makes this facility well-suited for distribution, logistics, manufacturing, moving and storage, and fleet-based business operations as described in the offering.
Key Highlights
- 4.75‑acre fully fenced industrial site with approximately 21,738 SF of warehouse space
- CBS block construction with durable Twin‑T concrete roofing
- On‑site commercial truck scale for logistics, moving, and fleet‑based operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$284,964
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,699,280
$5.7M
Cap Rate 7%
$4,070,914
$4.1M
Cap Rate 9%
$3,166,267
$3.2M
Market Conditions
NOI Build-Up for 21,738 SF
Gross rent
$354.8K $16.32/SF
− Vacancy
−$19.5K −$0.90/SF
EGI
$335.3K $15.42/SF
− OpEx
−$50.3K −$2.31/SF
NOI
$285.0K $13.11/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,699,280
Cap Rate 7%
$4,070,914
Cap Rate 9%
$3,166,267
Alternative Uses
Best Use
Warehouse
$4.07M
$3.56M – $4.75M
NOI $284,964 @ 7.0% cap · market cap 3.20%
Second Best
Industrial
$3.35M
$2.93M – $3.91M
NOI $234,676 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$11.03M
$9.65M – $12.87M
NOI $772,002 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
574
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33030, FL
36,776
Population
11,217
Households
3.3
Avg Household Size
33
Median Age
15%
College-Educated
61%
High-School Grad
17.6 sq mi
ZIP Area
2,090
Density / Sq Mi
$43,231
Median Household Income
$28,214
Median Earnings
$1,307
Median Rent
$382,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- North American Moving Services — 32100 SW 187th Ave Suite A, Homestead, FL 33030
- Homestead Transfer and Storage — 32100 SW 187th Ave, Homestead, FL 33030
- Self Storage — 715 W Mowry Dr, Homestead, FL 33030
Frequently Asked Questions
What type of property is this?
Warehouse - 4.75-acre fenced industrial site with a warehouse, CBS block walls, and an on-site truck scale for logistics and storage.
Where is this warehouse located?
The property is located at 150 SW 14th Ave Homestead, FL.
What is the asking price?
The asking price for this property is $8,900,000.
What are key features of this property?
This property features: 4.75‑acre fully fenced industrial site with approximately 21,738 SF of warehouse space; CBS block construction with durable Twin‑T concrete roofing; On‑site commercial truck scale for logistics, moving, and fleet‑based operations
