Dock-Height Industrial
For Sale
$13,500,000
50 NE 179th St, Miami Gardens, FL 33162
Two fenced industrial buildings include multiple dock platforms and a drive-in ramp, with sprinklers and office space.
Property Size54,062 SF
Price / SF$250
Days on Market208
Property Features for 50 NE 179th St
General Information
Standard status
Active
Size
54,062 SF
Property subtype
Industrial
Zoning
Heavy Industrial
Site & Location
Neighborhood
Golden Glades
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Dock-High Doors
6
Drive-In Doors
1
Heavy Power
Yes
Sprinkler System
Yes
Building Details
Building Size
54,062 SF
Year Built
1967
Listing Agency:
Common Capital Partners, Inc.
Listed By:
Engin Yergin · License #3230990
(305) 469-9261
Source:
Vanessafrankmiami
Added: Apr 1
Changed: Oct 19
Last Checked: Oct 24 at 10:16PM
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This dock-height industrial complex includes two buildings on a fenced property, with the larger structure at approximately 42,000 square feet and a smaller building at approximately 12,000 square feet. The site features four dock platforms inside the large building, additional dock-height loading on the smaller buildings, and a drive-in ramp. The buildings are equipped with sprinklers and include office space.
The property is located in the city of Miami Gardens within heavy industrial zoning and sits in an area described as being in the midst of major highways, including I-95, the Turnpike, and US-441.
Additional parking is available and is fenced separately from the buildings. The property is described as easy to show and includes on-site parking throughout the fenced areas.
The property is located in the city of Miami Gardens within heavy industrial zoning and sits in an area described as being in the midst of major highways, including I-95, the Turnpike, and US-441.
Additional parking is available and is fenced separately from the buildings. The property is described as easy to show and includes on-site parking throughout the fenced areas.
Key Highlights
- Two fenced industrial buildings totaling approximately 54,000 SF: 42,000 SF (larger) and 12,000 SF (smaller).
- Dock height setup with 4 interior docking platforms in the larger building, plus 2 dock height in the smaller buildings.
- Includes a drive‑in ramp for vehicle access.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$655,838
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,116,760
$13.1M
Cap Rate 7%
$9,369,114
$9.4M
Cap Rate 9%
$7,287,089
$7.3M
Market Conditions
NOI Build-Up for 54,000 SF
Gross rent
$991.4K $18.36/SF
− Vacancy
−$54.5K −$1.01/SF
EGI
$936.9K $17.35/SF
− OpEx
−$281.1K −$5.21/SF
NOI
$655.8K $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%
$13,116,760
Cap Rate 7%
$9,369,114
Cap Rate 9%
$7,287,089
Alternative Uses
Best Use
Industrial
$9.37M
$8.20M – $10.93M
NOI $655,838 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$16.08M
$14.07M – $18.76M
NOI $1,125,358 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
6
Dock-high doors
1
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,353
Businesses Nearby
Explore this area
Business Placement
Demographics for 33162, FL
45,277
Population
16,719
Households
2.7
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
5.3 sq mi
ZIP Area
8,543
Density / Sq Mi
$55,993
Median Household Income
$31,848
Median Earnings
$1,535
Median Rent
$345,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Two fenced industrial buildings include multiple dock platforms and a drive-in ramp, with sprinklers and office space.
Where is this manufacturing property located?
The property is located at 50 NE 179th St Miami Gardens, 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: Two fenced industrial buildings totaling approximately 54,000 SF: 42,000 SF (larger) and 12,000 SF (smaller).; Dock height setup with 4 interior docking platforms in the larger building, plus 2 dock height in the smaller buildings.; Includes a drive‑in ramp for vehicle access.
