Manufacturing Warehouse with Docking
50 Ne 179th St Miami, FL 33162
50 Ne 179th St, Miami, FL, 33162
$13,500,000
For Sale
$13,500,000
Manufacturing and warehouse property with multiple docking spaces and ample parking.
Property Size42,000 SF
Price / SF$321.43
Days on Market54
Property Features for 50 Ne 179th St
General Information
- Standard status
- Active
- Size
- 42,000 SF
Listing Agency
Common Capital Partners, Inc.
(305) 469-9261
Listed by
Engin Yergin · License #3230990
(305) 469-9261
Source
Exprealty
Added: May 25 Checked: Jul 16 at 11:27 pm
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 Common Capital Partners, Inc.
Investment Insights
Based on property information with market context.
This property features a dock-height warehouse suitable for heavy manufacturing and power usage. It includes four internal docking spaces within the approximately 42,000-square-foot warehouse, along with two dock-height doors and one drive-in space in the 12,000-square-foot area. The property is equipped with sprinklers and includes office spaces. Ample parking is available. The site is totally fenced, with an additional fenced parking area separate from the buildings. The property is located near major highways, including I-95, the Turnpike, US-441, and Florida's Turnpike. There are two buildings on the site. The larger building, approximately 42,000 square feet, is available. The 12,000 square foot building is also available.
Key Highlights
- Dock height property with heavy manufacturing capabilities and ample power
- Strategic location with immediate access to major highways: I‑95, Turnpike, US‑441, Florida's Turnpike
- Large 42,000 sqft warehouse with 4 internal docking spaces
Local 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 | $846.7k | $20.16 |
| − Vacancy | −$40.6k | −$0.97 |
| EGI | $806.1k | $19.19 |
| − OpEx | −$120.9k | −$2.88 |
| NOI | $685.2k | $16.31 |
42,000 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$9.79M
$8.56M – $11.42M
NOI $685,166 @ 7.0% cap · market cap 5.08%
Second Best
Industrial
$8.06M
$7.05M – $9.40M
NOI $564,254 @ 7.0% cap · market cap 4.18%
Theoretical Best
Specialty Retail
$28.35M
$24.81M – $33.08M
NOI $1,984,519 @ 7.0% cap · market cap 14.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Yahya Trading Corporation
Big Box & Wholesale Store
Intertex Miami, LLC
Industrial Manufacturer
TACO Railing
General Contractor
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Manufacturing and warehouse property with multiple docking spaces and ample parking.
Where is this manufacturing property located?
The property is located at 50 Ne 179th St Miami, FL.
What is the asking price?
The asking price for this property is $13,500,000.
What are key features of this property?
This property features: Dock height property with heavy manufacturing capabilities and ample power; Strategic location with immediate access to major highways: I‑95, Turnpike, US‑441, Florida's Turnpike; **Large 42,000 sqft warehouse with 4 internal docking spaces**
