Current Use by Public Records
- Warehouses
Property Details for 16580-16560 10Th Ave
- Year built
- 1972
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami Gardens
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2171
- Latitude
- 25.9267
