Flex Industrial Space with
19593 NE 10th Ave #A/B, Miami, FL 33179
For Sale
Contact for pricing
A front office and showroom connect to rear warehouse space with grade-level loading.
Property Size5,948 SF
Price / SF$2.10
Days on Market45
Property Features for 19593 NE 10th Ave #A/B
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Related General Realty, LLC.
(305) 932-6365
Listed By:
Olivier Labrecque · License FL #3560164
(305) 905-6525
Source:
Stoicestates
Added: Sep 29
Changed: Nov 12
Last Checked: Nov 12 at 9:58AM
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 Related General Realty, LLC.
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Investment Insights
Based on property information with market context.
This 5,948-SF flex industrial unit pairs a glass-fronted office and showroom with warehouse space behind. The office includes reception, a glass conference room, private offices, an open work area, a kitchen and break room, and a restroom with a walk-in shower. The warehouse has mid-teens clear height and grade-level loading, rather than dock-high access. A street-facing overhead door and a covered rear canopy provide loading points; vans and box trucks can park and unload at the slab. The unit is offered as-is within a Class B flex park built in 1981.
The sublease is available through September 30, 2028, subject to landlord consent. IU-2 zoning is stated for the property, and the permitted lease use is distribution, offices, and showroom. The unit also includes assigned parking and monument signage.
The sublease is available through September 30, 2028, subject to landlord consent. IU-2 zoning is stated for the property, and the permitted lease use is distribution, offices, and showroom. The unit also includes assigned parking and monument signage.
Key Highlights
- 5,948 SF of flex industrial space
- Glass‑front office/showroom with warehouse space in back
- Mid‑teens clear height and grade‑level loading
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,909
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,598,180
$1.6M
Cap Rate 7%
$1,141,557
$1.1M
Cap Rate 9%
$887,878
$887.9K
Market Conditions
NOI Build-Up for 5,948 SF
Gross rent
$119.9K $20.16/SF
− Vacancy
−$5.8K −$0.97/SF
EGI
$114.2K $19.19/SF
− OpEx
−$34.2K −$5.76/SF
NOI
$79.9K $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%
$1,598,180
Cap Rate 7%
$1,141,557
Cap Rate 9%
$887,878
Alternative Uses
Best Use
Warehouse
$1.39M
$1.21M – $1.62M
NOI $97,033 @ 7.0% cap
Second Best
Flex RnD
$1.25M
$1.09M – $1.45M
NOI $87,221 @ 7.0% cap
Theoretical Best
Specialty Retail
$4.01M
$3.51M – $4.68M
NOI $281,046 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
968
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33179, FL
48,088
Population
21,249
Households
2.3
Avg Household Size
41
Median Age
33%
College-Educated
91%
High-School Grad
5.0 sq mi
ZIP Area
9,618
Density / Sq Mi
$61,526
Median Household Income
$37,555
Median Earnings
$1,736
Median Rent
$281,400
Median Home Value
Market
Average Price Trend$/SF for Flex space in Miami, FL
Properties on Market for Flex space in Miami
Vacancy Rate% for Industrial in Miami, FL
Similar Off Market Nearby
- Huerto de San Enrique — 1701 NE 191st St #209, Miami, FL 33179
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- One Oak Kitchen — 500 NE 199th Terrace, Miami, FL 33179
- Shays Fit Fuel — 645 ives dairy rd, miami, fl 33179
- Gavriel Event Catering — IVES I-95 Business Center, North Miami Beach, FL 33179
Frequently Asked Questions
What type of property is this?
Flex space - A front office and showroom connect to rear warehouse space with grade-level loading.
Where is this flex space located?
The property is located at 19593 NE 10th Ave #A/B Miami, FL.
What are key features of this property?
This property features: 5,948 SF of flex industrial space; Glass‑front office/showroom with warehouse space in back; Mid‑teens clear height and grade‑level loading
