16580-16560 10Th Ave Miami Gardens, FL 33169
This exceptional investment opportunity presents a fully occupied, 48,484-square-foot warehouse located at 16580-16560 NW 10th Avenue, Miami Gardens, FL 33169. The property, situated within the Sunshine State Industrial Park, boasts a strong NNN lease structure, ensuring stable cash flow. The single-unit building, constructed in 1972 and encompassing the entire lot size, offers ample space ideal for light manufacturing, warehousing, terminal operations, or storage. With a total asking price of $10,290,000, this translates to a price per square foot of $212.23. The property is zoned 7100 INDUSTRIAL - LIGHT MFG, reflecting its suitability for a variety of industrial uses. Its strategic location provides superb connectivity and benefits from a vibrant surrounding area. This presents a compelling investment opportunity with significant potential for long-term growth and return, supported by a solid tenant foundation and the advantages of a NNN lease. The property features a building size of 24,365 square feet, with the remaining area likely comprising outdoor storage or maneuvering space. This well-maintained facility offers a rare chance to acquire a high-performing asset in a prime Miami-Dade County location. The property's APN is 34-2114-007-0030.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.