Warehouse with Loading
2451 NW 109th Ave #6, Sweetwater, FL 33172
For Sale
New
$799,000
A leased commercial unit combines office and showroom space with a separate pedestrian entrance.
Property Size1,709 SF
Price / SF$467.52
Days on Market2
Property Features for 2451 NW 109th Ave #6
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Warehouse & Industrial
Office Build-Out
Drive-In Doors
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Gross Income
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
Florida Capital Realty
Listed By:
Roque Gargano · License #3466180
(305) 986-3851
Source:
Futureoptionrealty
Added: Nov 7
Changed: Nov 8
Last Checked: Nov 8 at 1:46AM
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 Florida Capital Realty
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 2005 warehouse unit includes approximately 600 square feet of office and showroom space alongside warehouse area. A 16-foot street-level loading door supports loading access, while a separate pedestrian entrance and private restroom serve the unit. Accordion shutters are installed, and four assigned parking spaces are included, with additional visitor parking available.
The property is currently occupied by a gym tenant under a lease that runs through August 2027. HOA maintenance covers insurance, roof work, exterior painting, reserves, and upkeep of common areas.
The property is currently occupied by a gym tenant under a lease that runs through August 2027. HOA maintenance covers insurance, roof work, exterior painting, reserves, and upkeep of common areas.
Key Highlights
- Built in 2005
- Approximately 600 square feet of office and showroom space
- 16‑foot street‑level loading door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,403
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,060
$448.1K
Cap Rate 7%
$320,043
$320.0K
Cap Rate 9%
$248,922
$248.9K
Market Conditions
NOI Build-Up for 1,709 SF
Gross rent
$27.9K $16.32/SF
− Vacancy
−$1.5K −$0.90/SF
EGI
$26.4K $15.42/SF
− OpEx
−$4.0K −$2.31/SF
NOI
$22.4K $13.11/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,060
Cap Rate 7%
$320,043
Cap Rate 9%
$248,922
Alternative Uses
Best Use
Warehouse
$320.0K
$280.0K – $373.4K
NOI $22,403 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$867.0K
$758.7K – $1.01M
NOI $60,693 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
3,883
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33172, FL
43,911
Population
16,103
Households
2.7
Avg Household Size
42
Median Age
32%
College-Educated
75%
High-School Grad
6.4 sq mi
ZIP Area
6,861
Density / Sq Mi
$61,733
Median Household Income
$35,061
Median Earnings
$1,926
Median Rent
$260,200
Median Home Value
Market
Average Price Trend$/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
- Public Storage — 10821 NW 14th St, Miami, FL 33172
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- The File Depot Northwest Miami — 1845 NW 112th Ave #206, Miami, FL 33172
- Venture 3p Logistics — 2175 nw 115th ave, doral, fl 33172
Frequently Asked Questions
What type of property is this?
Warehouse - A leased commercial unit combines office and showroom space with a separate pedestrian entrance.
Where is this warehouse located?
The property is located at 2451 NW 109th Ave #6 Sweetwater, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Built in 2005; Approximately 600 square feet of office and showroom space; 16‑foot street‑level loading door
