1600 NW 165Th St Miami, FL 33169
- Industrial properties
- 64,377 SF
- 3.48 lot acres
Current Use by Public Records
- Rockin Footwear / Shoe Store
- Miami Souvenirs / Manufacturer / Souvenir Manufacturer
- Roma Chain / Jeweler
Property Details for 1600 NW 165Th St
- Year built
- 1965
- Construction
- CONCRETE
- Lot size
- 3.48 lot acres
- Property size
- 64,377 SF
- Zone code
- 7100:INDUSTRIAL,LIGHT MFG
- Property type
- Industrial properties
- APN
- 34-2114-008-1980
- APU
- 3421140081980
Description
This exceptional 65,337-square-foot industrial warehouse, situated on a 3.5-acre lot in North Miami Beach, Florida (33169), presents a compelling investment opportunity. The single-story building features 2 dock-high doors and 2 grade-level doors, facilitating efficient loading and unloading. A 20-foot ceiling height provides ample vertical space for storage and operations. Approximately 5,000 square feet are designated for office space. The property boasts a substantial power capacity of 1,500 amps at 240 volts, suitable for heavy-duty equipment. Its strategic location offers unparalleled access to major transportation arteries, including proximity to the Palmetto Expressway (less than half a mile) and the Golden Glades Interchange (one mile). Furthermore, Port Miami and Miami International Airport are conveniently located within a 14-mile radius. The property is available for occupancy beginning October 2024, offering immediate potential for utilization. The lease type is NNN. This warehouse is ideal for businesses requiring significant space, robust power, and easy access to major transportation hubs. The total lot size is approximately 151,693 square feet, providing ample room for trailer parking and various operational needs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $13,080,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $10,740,000
- 6.5%
- $11,770,000
- 7%
- $11,335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $11,785,000
- Geo Method
- $11,685,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $10,560,000
- Retail
- $11,915,000
- Mixed-Use
- $13,115,000
- Hospitality
- $13,835,000
- Educational
- $12,695,000
- Residential Income
- $13,870,000
- Energy
- $10,345,000
- Income-Based Land
- $10,140,000
- Food Service
- $12,735,000
Location Insight
- Map
- Local Demand
- City
- Miami Gardens
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2272
- Latitude
- 25.9238
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
