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Property profile & analytics
OFF-MARKET
Warehouses

16580-16560 10Th Ave Miami Gardens, FL 33169

48,484 SF Built 1972
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 1972
Total area 48,484 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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