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Cross-Dock Industrial Facility
For Sale
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6400-6402 NW 84th Ave, Miami, FL 33166

Cross-dock industrial building with front and rear loading, designed for efficient circulation under IU-3 zoning.

Property Size44,605 SF
Price / SF$154.69
Days on Market150

Property Features for 6400-6402 NW 84th Ave

General Information

Standard status Active
Size 44,605 SF
Property subtype INDUSTRIAL
Zoning IU-3
Listing Agency: Cornerstone International Realty
Listed By: Hector Cataño
Source: Moodyscre
Added: Mar 2 Changed: Jul 27 Last Checked: Jul 30 at 9:03AM

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 Cornerstone International Realty

Investment Insights

Based on property information with market context.

This industrial property is configured as a cross-dock facility with both front and rear loading, supporting efficient movement of inbound and outbound freight through the building. The property totals 44,605 square feet and is offered for sale with IU-3 zoning, which provides a broad range of permitted uses that can be applied to the facility.

Located at 6400–6402 NW 84th Ave in Miami, the building is positioned to benefit from strong accessibility and visibility, with traffic flow in front of the property.

Key Highlights

  • Cross‑dock industrial building with front and rear loading for efficient truck circulation
  • Building layout supports operations with loading access at both the front and rear
  • IU‑3 zoning allows a wide range of industrial and commercial uses (permitted uses tied to IU‑3)

Financial Insights For Industrial

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 $899.2k $20.16
− Vacancy −$43.2k −$0.97
EGI $856.1k $19.19
− OpEx −$256.8k −$5.76
NOI $599.3k $13.43
44,605 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$10.40M
$9.10M – $12.13M (±1% cap)
NOI $727,662 @ 7.0% cap · market cap 10.55%
Second Best
Industrial
$8.56M
$7.49M – $9.99M (±1% cap)
NOI $599,251 @ 7.0% cap · market cap 8.68%
Theoretical Best
Specialty Retail
$30.11M
$26.35M – $35.13M (±1% cap)
NOI $2,107,606 @ 7.0% cap · market cap 30.55%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Restaurant Nursing Home Daycare Center Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,441
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33166, FL

26,106
Population
10,838
Households
2.4
Avg Household Size
41
Median Age
42%
College-Educated
83%
High-School Grad
7.9 sq mi
ZIP Area
3,305
Density / Sq Mi
$78,166
Median Household Income
$39,744
Median Earnings
$1,766
Median Rent
$489,200
Median Home Value

Market

Properties on Market for Warehouses in Miami

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Industrial in Miami, FL

4.1% 2019
4.6% 2020
2.2% 2021
1.6% 2022
2.4% 2023
5.7% 2024
6.5% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Warehouse - Cross-dock industrial building with front and rear loading, designed for efficient circulation under IU-3 zoning.
Where is this warehouse located?
The property is located at 6400-6402 NW 84th Ave Miami, FL.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: Cross‑dock industrial building with front and rear loading for efficient truck circulation; Building layout supports operations with loading access at both the front and rear; IU‑3 zoning allows a wide range of industrial and commercial uses (permitted uses tied to IU‑3)
(305) 428-2708 Call to check price and availability
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