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Property profile & analytics
OFF-MARKET
Distribution centers

16891 122Nd Ave Hialeah, FL 33018

Entity Owned 6-yr Hold
Property ID
US18-6652648
Property summary
AI-generated overview

This exceptional 10-acre property, located at 16891 NW 122nd Ave in Hialeah, Florida (33018), presents a rare opportunity in Miami-Dade County's thriving Gateway Industrial Market. Priced below market value at $20,000,000, this land offers a fully operational industrial outdoor storage solution. Recent multi-million dollar upgrades have significantly enhanced the site's functionality. Key improvements include a newly constructed 2,000 square foot building equipped with complete water and power connections. The property is fully fenced, well-lit, and secured, ensuring optimal safety and operational efficiency. Its strategic location provides unparalleled access to major transportation arteries, including the Florida Turnpike, West Okeechobee Road, I-75, and the Palmetto Expressway, facilitating seamless logistics and distribution. This ready-to-use property is ideally suited for various industrial outdoor storage or logistics operations, making it an attractive investment for businesses seeking a well-configured and strategically located asset in a booming industrial area. The property is classified as both agricultural and warehouse land.

Property profile
Verified
Property type Distribution centers
UPID US18-6652648
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
Current use
Occupant on record · Public records
  • Mega Contracting Inc Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lend Me Mtg LLC · 6 yrs held
Lend Me Mtg LLC
since 2020
2 recorded transactions
2020
Price N/A
2016
$400,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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