Industrial Warehouse with
20200 NW 2nd Avenue #C2, Miami Gardens, FL 33169
For Sale
Contact for pricing
An office, assigned parking, and a motorized overhead door support a range of industrial operations.
Property Size1,358 SF
Price / SF$2.14
Days on Market75
Property Features for 20200 NW 2nd Avenue #C2
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Highway Access
Additional Details
Clear Height
Building Details
Year Built
Listing Agency:
Re/Max Rex
(561) 220-1520
Listed By:
Anabellia M Chorny · License #3299765
(786) 503-9374
Source:
Wycliffecommunityrealty
Added: Aug 27
Changed: Nov 9
Last Checked: Nov 9 at 2:06AM
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 Re/Max Rex
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.
This 1,358-square-foot warehouse unit, built in 2007, includes office space and a mezzanine. The bay is 30 feet wide, with a motorized 10-by-12-foot overhead door and 20-foot ceiling height. Three assigned parking spaces are included.
The property is in an industrial park in Miami Gardens, with access to major highways. Zoning is identified as 6400.
The property is in an industrial park in Miami Gardens, with access to major highways. Zoning is identified as 6400.
Key Highlights
- 1,358‑square‑foot warehouse unit with office and mezzanine
- 30‑foot‑wide bay with a motorized 10‑by‑12‑foot overhead door
- 20‑foot ceiling height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,493
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,860
$329.9K
Cap Rate 7%
$235,614
$235.6K
Cap Rate 9%
$183,256
$183.3K
Market Conditions
NOI Build-Up for 1,358 SF
Gross rent
$24.9K $18.36/SF
− Vacancy
−$1.4K −$1.01/SF
EGI
$23.6K $17.35/SF
− OpEx
−$7.1K −$5.21/SF
NOI
$16.5K $12.15/SF
Area
Miami Gardens, FL
Vacancy
5.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,860
Cap Rate 7%
$235,614
Cap Rate 9%
$183,256
Alternative Uses
Best Use
Warehouse
$286.1K
$250.3K – $333.8K
NOI $20,027 @ 7.0% cap · market cap 690.59%
Second Best
Industrial
$235.6K
$206.2K – $274.9K
NOI $16,493 @ 7.0% cap · market cap 568.72%
Theoretical Best
Office A
$404.3K
$353.8K – $471.7K
NOI $28,301 @ 7.0% cap · market cap 975.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
20 ft
Clear height
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 - An office, assigned parking, and a motorized overhead door support a range of industrial operations.
Where is this warehouse located?
The property is located at 20200 NW 2nd Avenue #C2 Miami Gardens, FL.
What are key features of this property?
This property features: 1,358‑square‑foot warehouse unit with office and mezzanine; 30‑foot‑wide bay with a motorized 10‑by‑12‑foot overhead door; 20‑foot ceiling height
