Industrial Facility with Cooler
8000 NW 68th Street Miami, FL 33166
8000 NW 68th Street, Miami, FL, 33166
$795,000
For Sale
$795,000
5,408 SF industrial facility featuring office and cooler space.
Property Size5,408 SF
Price / SF$147
Days on Market132
Property Features for 8000 NW 68th Street
General Information
- Standard status
- Active
- Size
- 5,408 SF
- Property subtype
- Industrial
Listing Agency
Kaizen Realty Partners, LLC
(786) 597-0446
Listed by
Dante Aleman · License #0697870
(786) 597-0446
Source
Kaizenrealtypartners
Added: Mar 6 Checked: Jul 16 at 8:10 am
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 Kaizen Realty Partners, LLC
Investment Insights
Based on property information with market context.
This commercial property offers a total of approximately 5,408 square feet, including approximately 1,439 square feet of office space and approximately 2,000 square feet of cooler space. The facility is equipped with two dock-high doors and one ramp for convenient access. It features a 20-foot clear ceiling height and a 3-phase electrical service. The building has a Twin-T concrete roof construction and a fully sprinklered fire suppression system. The property is zoned IU-3 Heavy Industrial Unlimited. The cooler equipment includes Cooler "A" - 8 Ton "Kramer" Semihermetic, Cooler "B" - 8.5 Ton "Kramer" Semihermetic. The cooler walls are constructed of stainless steel, painted white, and the cooler panels are filled with "yellow foam" designed to withstand freezing temperatures.
Key Highlights
- +\/- 2,000 SF of Cooler Space with "Kramer" Semihermetic units, stainless steel walls, and insulated panels.
- Zoned IU‑3 Heavy Industrial Unlimited, offering versatile usage possibilities.
- Total of +\/- 5,408 SF including +\/- 1,439 SF of Office Space.
Local 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 | $109.0k | $20.16 |
| − Vacancy | −$5.2k | −$0.97 |
| EGI | $103.8k | $19.19 |
| − OpEx | −$31.1k | −$5.76 |
| NOI | $72.7k | $13.43 |
5,408 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Office B
$2.22M
$1.94M – $2.59M
NOI $155,142 @ 7.0% cap · market cap 19.51%
Second Best
Warehouse
$1.26M
$1.10M – $1.47M
NOI $88,223 @ 7.0% cap · market cap 11.10%
Theoretical Best
Specialty Retail
$3.65M
$3.19M – $4.26M
NOI $255,530 @ 7.0% cap · market cap 32.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
J/R Tropicals Inc
Big Box & Wholesale Store
Similar For Sale Nearby
Similar Off Market Nearby
- Adomi Purchasing Agency Inc — 8155 NW 60th St, Miami, FL 33166
- Global Cargo — 8052 NW 66th St, Miami, FL 33166
- First Class Movers — 7905 nw 60th st, miami, fl 33166
- Davco Storage and Propane — 6001 NW 74th Ave, Miami, FL 33166
- De USA Pa Tu Casa — 8211 NW 64th St, Miami, FL 33166
FAQs
What type of property is this?
Warehouse - 5,408 SF industrial facility featuring office and cooler space.
Where is this warehouse located?
The property is located at 8000 NW 68th Street Miami, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: +\/- 2,000 SF of Cooler Space with "Kramer" Semihermetic units, stainless steel walls, and insulated panels.; Zoned IU‑3 Heavy Industrial Unlimited, offering versatile usage possibilities.; Total of +\/- 5,408 SF including +\/- 1,439 SF of Office Space.
