625 NW 121st Street, North Miami, FL 33168
Two-story office-over-warehouse with direct I-95 frontage and space available for immediate leasing or owner use.
- Added:
- Jul 6, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 6 at 3:29 am
Property Features for 625 NW 121st Street
General Information
- Standard status
- Active
- Size
- 6,020 SF
- Lot size
- 0.16 Acres
- Property subtype
- Land
Listing office Silmar Realty (516) 580-2329
Listing date Jul 6, 2026
Source Laerrealty
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 Silmar Realty
HighLights
- 6,020 SF two‑story office‑over‑warehouse building with direct frontage along I‑95
- Frontage provides visibility to 250,000+ vehicles per day
- 6,750 SF lot with direct I‑95 access
- 2,500 SF currently leased for consistent cash flow
- 3,520 SF available to lease at $25.00 PSF NNN or for immediate owner‑user occupancy
- Office above and warehouse below supports industrial, showroom, and service‑oriented uses
Overview
The building offers direct frontage along I-95, providing high-visibility exposure to over 250,000 vehicles per day. That access profile can support showroom, service, and industrial uses that benefit from drivers passing the site.
With existing income from the leased portion and additional space available for lease or for an owner to occupy, the property can fit a range of tenants and buyers, including industrial operators seeking office support and businesses that want a flexible layout for showroom or service-oriented operations. The combination of office/warehouse separation and prominent corridor frontage is designed to support daily operations while maintaining a distinct work-and-client space relationship.
Local Financial Insights For Office B
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 | $274.5k | $45.60 |
| − Vacancy | −$61.8k | −$10.26 |
| EGI | $212.7k | $35.34 |
| − OpEx | −$53.2k | −$8.84 |
| NOI | $159.6k | $26.51 |
Alternative Uses
Current Use by Public Records
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
