Freestanding Warehouse with Fenced
For Sale
Contact for pricing
5603 NW 159th Street, Miami Gardens, FL 33014
Industrial facility includes office space, dock access, a concrete ramp, and high-capacity electrical service.
Property Size30,000 SF
Price / SF$0.00
Days on Market99
Property Features for 5603 NW 159th Street
General Information
Standard status
Active
Size
30,000 SF
Property subtype
Industrial
Site & Location
Neighborhood
Bunche Park
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
20 ft
Office Build-Out
5,600 SF
Dock-High Doors
1
Power
800 amps
Voltage
480 V
Three-Phase Power
Yes
Building Details
Year Built
1979
Building Size
30,000 SF
Listing Agency:
Industrial Advisors
(305) 975-3209
Listed By:
Tommy Gil · License #3041739
(786) 600-7434
Source:
Lehmannflorida
Added: Jul 29
Changed: Nov 3
Last Checked: Nov 3 at 7:21AM
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 Industrial Advisors
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 freestanding warehouse contains approximately ±30,000 SF of industrial space, including approximately ±5,600 SF of office area. The building offers one dock-high door, one concrete ramp, and an approximately ±20' ceiling height for warehouse operations. Three-phase electrical service is configured at 480 volts and 800 amps, supporting industrial users with substantial power requirements. The property also includes a fenced site and was built in 1979.
Key Highlights
- Approximately ±30,000 SF warehouse
- Approximately ±5,600 SF of office space
- One dock‑high door and one concrete ramp
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$737,429
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,748,580
$14.7M
Cap Rate 7%
$10,534,700
$10.5M
Cap Rate 9%
$8,193,656
$8.2M
Market Conditions
NOI Build-Up for 60,718 SF
Gross rent
$1.11M $18.36/SF
− Vacancy
−$61.3K −$1.01/SF
EGI
$1.05M $17.35/SF
− OpEx
−$316.0K −$5.21/SF
NOI
$737.4K $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%
$14,748,580
Cap Rate 7%
$10,534,700
Cap Rate 9%
$8,193,656
Alternative Uses
Best Use
Warehouse
$12.79M
$11.19M – $14.92M
NOI $895,449 @ 7.0% cap · market cap 5,969,660.00%
Second Best
Flex RnD
$11.45M
$10.02M – $13.36M
NOI $801,332 @ 7.0% cap · market cap 5,342,213.33%
Theoretical Best
Office A
$18.08M
$15.82M – $21.09M
NOI $1,265,361 @ 7.0% cap · market cap 8,435,740.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
20 ft
Clear height
1
Dock-high doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
665
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33014, FL
40,261
Population
15,319
Households
2.6
Avg Household Size
43
Median Age
29%
College-Educated
84%
High-School Grad
6.5 sq mi
ZIP Area
6,194
Density / Sq Mi
$74,934
Median Household Income
$40,003
Median Earnings
$1,720
Median Rent
$398,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial facility includes office space, dock access, a concrete ramp, and high-capacity electrical service.
Where is this warehouse located?
The property is located at 5603 NW 159th Street Miami Gardens, FL.
What are key features of this property?
This property features: Approximately ±30,000 SF warehouse; Approximately ±5,600 SF of office space; One dock‑high door and one concrete ramp
