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Flex/Industrial Asset on I-95

625 NW 121st St, North Miami, FL 33168

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For Sale

$2,850,000

Land - North Miami, FL

Property size:

6,020 SF

Lot size:

0.16 Acres

Price / SF:

$473/SF

HighLights

High‑exposure location with direct frontage on I‑95.
Exceptional visibility to over 250,000 vehicles per day.
±6,020 SF flex / industrial building suitable for investors or owner‑users.
Stable in‑place income from ±2,500 SF of leased space.
±3,520 SF available for lease or owner‑user occupancy.
Two‑story configuration supports diverse uses.

We can help!

Listing Contact

Leor Fidler

For Sale

$2,850,000

Land - North Miami, FL

Property size:

6,020 SF

Lot size:

0.16 Acres

Price / SF:

$473/SF

Added:: Apr 29, 2026
Days on Market:: 47
Last Refresh:: Jun 14 at 7:06 pm

Property Features for 625 NW 121st St

General Information

Property type: Land
Property subtype: Other
Zoning: 6100
Standard status: Active
APN: 06-21-25-018-1190
Size: 6,020 SF
Lot size: 0.16 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 21506

Utilities

Water source: Public

Building Details

Architectural style: Other

We can help!

Listing Contact

Leor Fidler

Listing agent Leor Fidler License #3502040

Listing office Silmar Realty 15807 Biscayne Blvd, North Miami, FL

Listing date Apr 29, 2026

MLS# A12010078 Listing URL

HighLights

High‑exposure location with direct frontage on I‑95.
Exceptional visibility to over 250,000 vehicles per day.
±6,020 SF flex / industrial building suitable for investors or owner‑users.
Stable in‑place income from ±2,500 SF of leased space.
±3,520 SF available for lease or owner‑user occupancy.
Two‑story configuration supports diverse uses.

Overview

Located at 625 NW 121st Street in North Miami, FL, this flex/industrial asset offers high exposure along a heavily trafficked corridor. The property includes a building of approximately 6,020 square feet situated on a lot of approximately 6,750 square feet. The site benefits from direct frontage on I-95, providing visibility to over 250,000 vehicles daily. The two-story building is configured with office space above and warehouse space below, accommodating a range of industrial, showroom, and service-oriented uses. Approximately 2,500 square feet is currently leased, generating income. The remaining 3,520 square feet is available for lease at $25.00 per square foot NNN or for immediate owner-user occupancy. The property is suitable for both investors and owner-users.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$274.5k	$45.60
− Vacancy	−$61.8k	−$10.26
EGI	$212.7k	$35.34
− OpEx	−$53.2k	−$8.84
NOI	$159.6k	$26.51

6,020 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.28M

$1.99M – $2.66M (±1% cap)

NOI $159,560 @ 7.0% cap · market cap 5.60%

Second Best

Flex RnD

$1.89M

$1.66M – $2.21M (±1% cap)

NOI $132,416 @ 7.0% cap · market cap 4.65%

Theoretical Best

Office A

$3.05M

$2.67M – $3.56M (±1% cap)

NOI $213,794 @ 7.0% cap · market cap 7.50%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Similar Places Nearby

BONGU KITCHEN — 765 NW 127th St, Miami, FL 33168
Bar Chefs Houston — 1401 NW 119th St, North Miami, FL 33167
Taste Good Miami — 12351 NW 7th Ave, North Miami, FL 33168
Smoove Caribbean — 12351 NW 7th Ave, North Miami, FL 33168

Location Insight

Map
Local Demand

City: North Miami
County: Miami-Dade
State: Florida
Longitude: -80.156304
Latitude: 25.887107

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For sale
Flex space
FL
North Miami
33168
625 NW 121st St

What type of property is this?

Flex space - High-visibility flex/industrial building with leasing upside in North Miami.

Where is this flex space located?

The property is located at 625 NW 121st St North Miami, FL.

What is the asking price?

The asking price for this property is $2,850,000.

What are key features of this property?

This property features: High‑exposure location with direct frontage on I‑95.; Exceptional visibility to over 250,000 vehicles per day.; ±6,020 SF flex / industrial building suitable for investors or owner‑users.

625 NW 121st St, North Miami, FL 33168

Land - North Miami, FL

Property Features for 625 NW 121st St

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

North Miami Retail Investment Opportunity

North Miami Retail/Office Opportunity

Remodeled Turn-Key North Miami Office

North Miami Industrial Warehouse For Sale

Turnkey Kava Bar Restaurant

Gas Station C-Store Opportunity

North Miami Restaurant Opportunity

North Miami Mixed-Use Property

Two-Story Apartment Building

Established Lighting Store Business Opportunity

Waterfront Multifamily Property in North Miami

North Miami Fourplex Investment Opportunity

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