Warehouse
2655 NE 189th St, Miami, FL 33180
For Sale
Contact for pricing
Warehouse facility near Aventura Mall, Aventura Square, and Aventura Town Center.
Property Size36,494 SF
Price / SF$513.78
Days on Market105
Property Features for 2655 NE 189th St
General Information
Standard status
Size
Property subtype
Listing Agency:
Gridline Properties
Listed By:
Alfredo Riascos · License FL #3210686
(305) 507-7098
Source:
Moodyscre
Added: Jul 31
Changed: Oct 26
Last Checked: Nov 12 at 10:01AM
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 Gridline Properties
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 36,494-square-foot warehouse property is located at 2655 NE 189th St in Miami, Florida. The asset includes loading height and is occupied by established tenants.
The property is situated minutes from Aventura Mall, Aventura Square, and Aventura Town Center, placing the warehouse near several established commercial destinations.
The property is situated minutes from Aventura Mall, Aventura Square, and Aventura Town Center, placing the warehouse near several established commercial destinations.
Key Highlights
- 36,494‑square‑foot warehouse property
- Located at 2655 NE 189th St, Miami, FL 33180
- Established tenants in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$595,344
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,906,880
$11.9M
Cap Rate 7%
$8,504,914
$8.5M
Cap Rate 9%
$6,614,933
$6.6M
Market Conditions
NOI Build-Up for 36,494 SF
Gross rent
$735.7K $20.16/SF
− Vacancy
−$35.3K −$0.97/SF
EGI
$700.4K $19.19/SF
− OpEx
−$105.1K −$2.88/SF
NOI
$595.3K $16.31/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,906,880
Cap Rate 7%
$8,504,914
Cap Rate 9%
$6,614,933
Alternative Uses
Best Use
Warehouse
$8.50M
$7.44M – $9.92M
NOI $595,344 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$24.63M
$21.55M – $28.74M
NOI $1,724,358 @ 7.0% cap · market cap 9.20%
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
4,470
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33180, FL
35,062
Population
21,112
Households
1.7
Avg Household Size
45
Median Age
55%
College-Educated
95%
High-School Grad
3.3 sq mi
ZIP Area
10,625
Density / Sq Mi
$88,613
Median Household Income
$51,612
Median Earnings
$2,480
Median Rent
$471,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Miami, FL
Properties on Market for Warehouses in Miami
Vacancy Rate% for Industrial in Miami, FL
Similar Off Market Nearby
- Public Storage — 2641 NE 186th Terrace, Miami, FL 33180
- Adm — 18851 NE 29th Ave, Aventura, FL 33180
- Public Storage — 2940 NE 188th St, Aventura, FL 33180
- Carefree Boat Club — 2890 NE 187th St, Aventura, FL 33180
- Storage King USA — 19301 W Dixie Hwy, Miami, FL 33180
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse facility near Aventura Mall, Aventura Square, and Aventura Town Center.
Where is this warehouse located?
The property is located at 2655 NE 189th St Miami, FL.
What is the asking price?
The asking price for this property is $18,750,000.
What are key features of this property?
This property features: 36,494‑square‑foot warehouse property; Located at 2655 NE 189th St, Miami, FL 33180; Established tenants in place
