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10401 186Th St Miami, FL 33157

Sponsored
For Sale
$4,200,000

17,734 SF Warehouse, High ROI

Property size:
17,734 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional Miami industrial property, located at 10401 SW 186th St, offers 17,734 square feet of versatile warehouse and manufacturing space across five units. Currently boasting 100% month-to-month occupancy, this presents a significant opportunity for owner-users or investors. Built in 1983 and situated on a 27,105 square foot lot, the property features 16' to 20' ceiling heights, street-level loading with four overhead rolling doors, and ample parking for 19 vehicles. The building's exterior is a blend of painted concrete block, stucco, and brick, while the roof comprises a built-up cover over concrete tees and barrel tile mansard. Interior features include central air conditioning in the office and restaurant areas, diverse lighting, and a well-maintained asphalt-paved parking and loading area. The property is zoned for industrial use and includes a leased billboard, adding to its income potential. A completed 40-year certification will be provided. The asking price is $4,200,000, representing a 7.13% cap rate and a pro-forma cap rate of 8.59%, with a current NOI of $299,566. This free-standing building is ideally suited for a variety of industrial uses.

Property Features for 10401 186Th St

General Information

Property type
Manufacturing properties
Square Feet
17,734 SF

Building Details

Year Built
1983
Units
5

HighLights

  • Free‑standing, 17,734 SF multi‑tenant industrial building.
  • Five units on month‑to‑month leases.
  • 1983 construction, industrially zoned; 16'-20' ceiling height.
  • 100% month‑to‑month occupancy; 7.98% pro‑forma cap rate, 7.13% current cap rate.
  • $4,200,000 asking price; $236.83/SF; $299,566 NOI.
Property Profile Location Intelligence

Current Use by Public Records

Mathew Nevels Fast ... Dye Store Miami Organic Pest ... Pest Control Service

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.3608019
Latitude
25.5964191

FAQs

What type of property is this?
Manufacturing property - 17,734 SF Warehouse, High ROI
Where is this manufacturing property located?
The property is located at 10401 186Th St Miami, FL.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Free-standing, 17,734 SF multi-tenant industrial building.; Five units on month-to-month leases.; 1983 construction, industrially zoned; 16'-20' ceiling height.
More about this property
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