Freestanding Warehouse with
17220 Nw 2nd Ct, Miami Gardens, FL 33169
For Sale
New
$2,000,000
A flexible industrial property with dedicated work areas and private on-site parking.
Property Size5,670 SF
Price / SF$352.73
Days on Market2
Property Features for 17220 Nw 2nd Ct
General Information
Standard status
Size
Zoning
Site & Location
Neighborhood
Highway Access
Additional Details
Property Use
Amenities
conference room
lunchroom
private parking spaces
Concrete,Laminate
true
Public
11180
5670
Building Details
Building Size
Year Built
Listing Agency:
(954) 953-5363
Listed By:
Derek Olivier
Source:
Onemarketrealestate
Added: Nov 6
Last Checked: Nov 6 at 2:24PM
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 Derek Olivier
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Investment Insights
Based on property information with market context.
This freestanding warehouse contains 5,670 square feet and sits on an 11,180-square-foot lot. The interior includes five office spaces, a conference room, and a lunchroom, with concrete and laminate finishes. The building was constructed in 1960, and private parking is provided on site.
The property is in Miami Gardens near the Broward–Miami-Dade County line, with access to the Turnpike, I-95, SR 441, and the Palmetto Expressway. Zoning is designated 7100.
The property is in Miami Gardens near the Broward–Miami-Dade County line, with access to the Turnpike, I-95, SR 441, and the Palmetto Expressway. Zoning is designated 7100.
Key Highlights
- 5,670‑square‑foot warehouse on an 11,180‑square‑foot lot
- Five office spaces, plus a conference room and lunchroom
- Private on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,619
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,672,380
$1.7M
Cap Rate 7%
$1,194,557
$1.2M
Cap Rate 9%
$929,100
$929.1K
Market Conditions
NOI Build-Up for 5,670 SF
Gross rent
$104.1K $18.36/SF
− Vacancy
−$5.7K −$1.01/SF
EGI
$98.4K $17.35/SF
− OpEx
−$14.8K −$2.60/SF
NOI
$83.6K $14.75/SF
Area
Miami Gardens, FL
Vacancy
5.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,672,380
Cap Rate 7%
$1,194,557
Cap Rate 9%
$929,100
Alternative Uses
Best Use
Warehouse
$1.19M
$1.05M – $1.39M
NOI $83,619 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,163 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,175
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33169, FL
42,308
Population
14,815
Households
2.9
Avg Household Size
37
Median Age
22%
College-Educated
85%
High-School Grad
6.8 sq mi
ZIP Area
6,222
Density / Sq Mi
$59,686
Median Household Income
$34,327
Median Earnings
$1,536
Median Rent
$352,800
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Miami-Dade County, FL
Properties on Market for Warehouses in Miami-Dade County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Extra Space Storage — 17531 NW 2nd Ave, Miami, FL 33169
- Road Runner Moving and Storage — 150 nw 176th st, bay f, miami, fl 33169
- Ciao Moving & Storage — 35 NE 179th St, Miami, FL 33162
Frequently Asked Questions
What type of property is this?
Warehouse - A flexible industrial property with dedicated work areas and private on-site parking.
Where is this warehouse located?
The property is located at 17220 Nw 2nd Ct Miami Gardens, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 5,670‑square‑foot warehouse on an 11,180‑square‑foot lot; Five office spaces, plus a conference room and lunchroom; Private on‑site parking
