1990 149th St North Miami, FL 33181-1164
This exceptional 700,000 square foot industrial property, built in 1973, is ideally situated in North Miami, Florida (33181), in Miami-Dade County. Zoned M-1, it offers flexible space options perfect for a variety of businesses. The property features both flex and warehouse space, with a minimum divisible unit size of 600 square feet and a maximum contiguous space of 1,150 square feet. Currently, 1,750 square feet of space is immediately available. Multiple tenancy is possible. The location boasts excellent accessibility and proximity to major amenities. It's conveniently located west of US1, bordering Aventura, and across from the Solemia Development—a significant mixed-use project encompassing 6,000 residential units, office buildings, a hotel, and 700,000 square feet of retail space. Enjoy the convenience of nearby shopping options such as Chipotle, Costco, and Publix. This property presents a unique opportunity to establish a presence in a thriving and rapidly developing area. The building offers air-conditioned offices and private bathrooms within the units. This is a rare opportunity to secure space in a well-located, modern industrial building with excellent visibility and access.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · North Miami, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.