Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    16100 49th Ave Miami Gardens, FL 33014-6342
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    16100 49th Ave Miami Gardens, FL 33014-6342

    View on Map
    • Warehouses
    • 32,969 SF
    • 1.33 lot acres
    Off-Market
    Last Sale Aug 13, 2020
    $11,700,000
    Property ID
    US18-2465483
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $10,765,000
    Show details
    Cap Rate Potential
    2.6%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 16100 49th Ave

    Year built
    2003
    Construction
    CONCRETE
    Lot size
    1.33 lot acres
    Property size
    32,969 SF
    Zone code
    7100:INDUSTRIAL,LIGHT MFG
    Property type
    Warehouses
    APN
    34-2118-007-0026
    APU
    3421180070026

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $8,965,000
      6.5%
      $8,275,000
      7%
      $7,685,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,008,000
      Market price range: $5.53M - $9.24M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $7,285,000
      Current use
      MEDICAL BUILDING
      $14,480,000
      Change: +99% Conversion: Difficult
      OFFICE BUILDING
      $10,190,000
      Change: +40% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Miami Gardens
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2812
    Latitude
    25.9196
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $76,783
    $869,295
    $3,664,705
    $4,534,000
    -
    $869,295
    $3,664,705
    $4,534,000

    Comparable in this City

    • Value Estimation
      $2,825,000
      22,466 SF

      13901 58th Ct

      WAREHOUSE, STORAGE • 22,466 SF
      13901 58th Ct, Miami Lakes, FL 33014-3114
      View Details
    • Value Estimation
      $6,295,000
      48,590 SF

      16333 54th Ave

      WAREHOUSE, STORAGE • 48,590 SF
      16333 54th Ave, Miami Gardens, FL 33014-6108
      View Details
    • Value Estimation
      $8,305,000
      64,288 SF

      16260 49th Ave

      WAREHOUSE, STORAGE • 64,288 SF
      16260 49th Ave, Miami Gardens, FL 33014-6315
      View Details
    • Value Estimation
      $5,050,000
      40,236 SF

      315 75th Pl

      WAREHOUSE, STORAGE • 40,236 SF
      315 75th Pl, Hialeah, FL 33014-4318
      View Details
    • Value Estimation
      $3,100,000
      25,140 SF

      8195 20th Ave

      WAREHOUSE, STORAGE • 25,140 SF
      8195 20th Ave, Hialeah, FL 33014-3231
      View Details
    • Value Estimation
      $2,545,000
      20,264 SF

      8155 20th Ave

      WAREHOUSE, STORAGE • 20,264 SF
      8155 20th Ave, Hialeah, FL 33014-3231
      View Details

    Similar Nearby for Sale

    • $979,000

      Miami Gardens Warehouse Condo

      3000sf Warehouse/Office, Opportunity Zone
      4980 165Th Ter, Miami Gardens, FL 33014
      View Details
    • $13,750,000
      44,600 SF

      Hialeah Flex Space For Sale

      44,600 SF flex space on 1.9 acres.
      7740-7784 W 2Nd Ct, Hialeah, FL 33014
      View Details
    • Contact for pricing

      Hialeah Warehouse with High Ceilings

      1900 SF Hialeah warehouse space with office and bathroom.
      8274 W 8Th Ave, Hialeah, FL 33014
      View Details
    • Contact for pricing
      2,500 SF

      Warehouse Unit Near Palmetto

      Warehouse unit for sale, located near the Palmetto expressway.
      16600 NW 54Th Ave, Hialeah, FL 33014
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Hialeah Industrial Space For Lease

      Industrial property with office space and highway access for lease.
      7985 W 20Th Ave, Hialeah, FL 33014
      View Details
    • Contact for pricing

      Warehouse Space Near Opa-Locka Airport

      Warehouse spaces with offices, mezzanine, and ample parking available for lease.
      270 W 79Th Pl, Hialeah, FL 33014
      View Details
    • Contact for pricing
      20,853 SF

      Warehouse and Office Space Available

      Spacious warehouse and office combo with excellent highway access.
      7815 W 20Th Ave, Hialeah, FL 33014
      View Details
    • Contact for pricing

      Renovated Warehouse with Palmetto Frontage

      Newly renovated freestanding warehouse with office space for lease.
      7125 W 20Th Ave, Hialeah, FL 33014
      View Details
    • Contact for pricing

      Palmetto Lakes Industrial Park Warehouses

      Industrial park with warehouses suitable for distribution, wholesale, manufacturing.
      15900-15998 NW 48Th Ave, Miami Gardens, FL 33014
      View Details
    • Contact for pricing
      27,000 SF

      Hialeah Industrial Property for Rent

      65,648 SF industrial property on 3.03 acres available.
      16260 NW 49Th Ave, Hialeah, FL 33014
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16100 49th Ave
    Miami Gardens, FL 33014-6342
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!