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

    1620 NW 215th St Miami Gardens, FL 33056

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New industrial park in Miami Gardens, available Q1 2023.

    Type:industrial
    Property size:
    28,539 SF
    Added:
    Apr 15, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 14 at 8:22 pm

    Property Features for 1620 NW 215th St

    General Information

    Standard status
    Active
    Size
    28,539 SF
    Property subtype
    industrial

    Spaces For Lease

    at 1620 NW 215th St Contact us

    We can help!

    Listing Contact
    Audley Bosch
    Audley Bosch

    Listing agent Audley Bosch License #3105181

    Listing office Miami

    Listing date Apr 15, 2026

    Source Property.jll

    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 Miami

    Overview

    New Class A Industrial Park

    This new Class A industrial park is located in Miami Gardens and features hurricane impact glass. The building offers a 30-foot clear height and ESFR sprinklers. Car parking is available at a ratio of 1.25 spaces per 1,000 square feet. The building depth measures 185 feet, with a typical column spacing of 50 feet 9 inches by 45 feet. Construction features include concrete tilt-wall construction, LED lighting, and architectural design elements. The property will be available in Q1 2023 and offers a total property size of 28,539 square feet.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • Self Storage — 3020 NW 213th St, Miami Gardens, FL 33056
    • Extra Space Storage — 3310 S University Dr, Miramar, FL 33025
    • Autum Garden Movers — 20625 nw 28th ave, miami gardens, fl 33056
    • Safeguard Self Storage — 7950 Riviera Blvd, Miramar, FL 33023
    • US Storage Centers — 2765 NW 207th St, Miami Gardens, FL 33056

    Location Insight

    • Map
    • Local Demand
    City
    Miami Gardens
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2457
    Latitude
    25.9489

    Nearby Similar for Lease

    • Contact for pricing

      Miami Gardens Retail Space Available

      Prime retail spaces in a high-traffic Miami Gardens plaza.
      20707-20709 NW 2nd Ave, Miami Gardens, FL 33169
      View Details
    • Contact for pricing

      Move-in Ready Private Offices

      Stylish, modern private offices in the heart of Miami Gardens.
      4960 NW 165th St, Miami Gardens, FL 33014
      View Details
    • $40/mo

      Miami Gardens Warehouse with Office

      Commercial warehouse with office space, convenient access to major expressways.
      17890 NW 29th Ct, Miami Gardens, FL 33056
      View Details
    • Contact for pricing

      Miami Gardens Warehouse For Lease

      Centrally located warehouse space available for lease in Miami Gardens.
      20200 NW 2nd Ave, Miami Gardens, FL 33169
      View Details
    • $22,770/mo

      Miami Gardens Event Space For Lease

      Partially built-out kitchen and event space in a busy hotel.
      16805 NW 12th Ave, Miami Gardens, FL 33169
      View Details
    • Contact for pricing

      Retail Space, Miami Gardens, FL

      Retail space available for rent in Miami Gardens, Florida.
      3251 NW 183rd St, Miami Gardens, FL 33056
      View Details
    • $23/mo

      High-Traffic Retail Space Available

      Retail space in Miami Gardens with high traffic and co-tenancy.
      17165-17237 NW 27th Ave, Miami Gardens, FL
      View Details
    • $12/mo

      Miami Gardens Warehouse Space Available

      75,824 SF warehouse space available for lease in Miami Gardens.
      16005 Northwest 57th Avenue, Miami Gardens, FL, 33014
      View Details
    • $12/mo

      Updated Unit with Large Patio

      Spacious, updated 1/1 unit with parking and utilities included.
      15841 NW 18th Pl B, Miami Gardens, FL 33054
      View Details
    • Contact for pricing

      Retail Space in Miami Gardens

      Grocery-anchored shopping center under construction, opening 1st Qtr 2027.
      SWC Miami Gardens Dr & 87th Ave, Miami Gardens, FL 33015
      View Details
    • $44/mo

      Retail Space in Miami Gardens

      Retail space available in shopping center with national tenant anchors.
      5500-5644 NW 167th St, Miami Gardens, FL
      View Details
    • $32/mo

      Retail Space in Miami Gardens

      Retail space available for lease in Miami Gardens, Florida.
      18051 Nw 27th Ave, Miami Gardens, FL
      View Details

    FAQs

    What type of property is this?
    Warehouse - New industrial park in Miami Gardens, available Q1 2023.
    Where is this warehouse located?
    The property is located at 1620 NW 215th St Miami Gardens, FL.
    What are key features of this property?
    This property features: New Class A industrial park; Benefit from **30’ Clear height**; Equipped with ESFR sprinklers
    (305) 960-8404
    We can help!
    Listing Contact
    Audley Bosch
    Audley Bosch
    Real Estate License ID: 3105181
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!