5395 NW 165Th St, Unit 103 Hialeah, FL 33014
- Warehouses
- 34,339 SF
- 1.46 lot acres
Current Use by Public Records
- Top Value Trading Inc / Store
Property Details for 5395 NW 165Th St
- Year built
- 1975
- Construction
- CONCRETE
- Lot size
- 1.46 lot acres
- Property size
- 34,339 SF
- Zone code
- 7100:INDUSTRIAL,LIGHT MFG
- Property type
- Warehouses
- APN
- 34-2118-008-0011
- APU
- 3421180080011
Description
This exceptional 36,000-square-foot freestanding warehouse in Miami Gardens, Florida, presents a unique investment opportunity. Located at 5395 NW 165th St, 33014, this Class B industrial property, built in 1975 and renovated in 1989, sits on a 63,653-square-foot lot. The single-story building features 21'-22' ceiling heights, four dock-high doors, and four loading docks, ensuring efficient operations. Currently 100% occupied by three tenants under a modified month-to-month lease with 4% annual rent bumps, the property offers a strong cash flow. The sale includes a leaseback option, providing flexibility for various investment strategies. The property boasts 1200 amps of power and new impact windows. Zoned for light industrial use, this property offers ample parking for up to 55 vehicles. The asking price is $9,150,000, or $254.17 per square foot, with a price per unit of $3,133,333.33. This fee-simple ownership presents an ideal opportunity for owner-users, user-investors, or investors seeking a strong return on investment. The leaseback option is negotiable and can be structured to suit various needs. The seller is open to leasing back 7,500 to 10,500 square feet or 18,000 square feet, with a potential 3.5-year lease term at $16.00 per square foot, subject to negotiation.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,895,000
- 6.5%
- $4,040,000
- 7%
- $4,520,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,540,000
- Geo Method
- $3,935,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,615,000
- Retail
- $3,140,000
- Mixed-Use
- $3,820,000
- Hospitality
- $3,520,000
- Educational
- $3,985,000
- Residential Income
- $3,910,000
- Energy
- $3,430,000
- Income-Based Land
- $3,450,000
- Food Service
- $3,540,000
Location Insight
- Map
- Local Demand
- City
- Miami Lakes
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.288
- Latitude
- 25.9235
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
