Warehouse
New
For Sale
Contact for pricing
2655 NE 189th St, Miami, FL 33180
Warehouse facility near Aventura Mall, Aventura Square, and Aventura Town Center.
Property Size36,494 SF
Price / SF$513.78
Days on Market7
Property Features for 2655 NE 189th St
General Information
Standard status
Active
Size
36,494 SF
Property subtype
INDUSTRIAL
Listing Agency:
Gridline Properties
(305) 507-7098
Listed By:
Alfredo Riascos · License #3210686
(305) 507-7098
Source:
Moodyscre
Added: Jul 31
Changed: Aug 2
Last Checked: Aug 5 at 12:57PM
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
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 For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $735.7k | $20.16 |
| − Vacancy | −$35.3k | −$0.97 |
| EGI | $700.4k | $19.19 |
| − OpEx | −$105.1k | −$2.88 |
| NOI | $595.3k | $16.31 |
36,494 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%
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.
Property 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
Market
Vacancy Rate% for Industrial in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Public Storage — 2641 NE 186th Terrace, Miami, FL 33180
- Storage King USA — 19301 W Dixie Hwy, Miami, FL 33180
- Adm — 18851 NE 29th Ave, Aventura, FL 33180
- Carefree Boat Club — 2890 NE 187th St, Aventura, FL 33180
- Public Storage — 2940 NE 188th St, Aventura, 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
