Light Manufacturing
1926 Northwest 21st Street, Miami, FL 33142
For Sale
Contact for pricing
The property combines a manufacturing facility with its own land parcel.
Property Size9,000 SF
Lot Size0.34 Acres
Price / SF$333.33
Days on Market33
Property Features for 1926 Northwest 21st Street
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Additional Details
Property Use
Building Details
Building Size
Listing Agency:
Fausto Commercial Realty Consultants
Listed By:
Rey Moya · License #SL3526550
(786) 970-0851
Source:
Crexi
Added: Oct 8
Changed: Nov 8
Last Checked: Nov 8 at 5:47PM
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 Fausto Commercial Realty Consultants
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 1926 Northwest 21st Street in Miami, the property consists of a light manufacturing building with 9,000 square feet of building area. The site encompasses 14,768 square feet of land.
Key Highlights
- 9,000‑square‑foot light manufacturing building
- 14,768‑square‑foot lot
- Located at 1926 Northwest 21st Street in Miami, Florida
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$120,912
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,418,240
$2.4M
Cap Rate 7%
$1,727,314
$1.7M
Cap Rate 9%
$1,343,467
$1.3M
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$181.4K $20.16/SF
− Vacancy
−$8.7K −$0.97/SF
EGI
$172.7K $19.19/SF
− OpEx
−$51.8K −$5.76/SF
NOI
$120.9K $13.43/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,418,240
Cap Rate 7%
$1,727,314
Cap Rate 9%
$1,343,467
Alternative Uses
Best Use
Industrial
$1.73M
$1.51M – $2.02M
NOI $120,912 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.08M
$5.32M – $7.09M
NOI $425,254 @ 7.0% cap · market cap 14.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,042
Businesses Nearby
Explore this area
Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Manufacturing properties in Miami, FL
Properties on Market for Manufacturing properties in Miami
Vacancy Rate% for Industrial in Miami, FL
Frequently Asked Questions
What type of property is this?
Manufacturing property - The property combines a manufacturing facility with its own land parcel.
Where is this manufacturing property located?
The property is located at 1926 Northwest 21st Street Miami, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 9,000‑square‑foot light manufacturing building; 14,768‑square‑foot lot; Located at 1926 Northwest 21st Street in Miami, Florida
