Property profile

20725 16th Ave Miami, FL 33179

OFF-MARKET
Manufacturing properties
Property ID
US18-5404850
68,276 SF 9.81 ac lot Built 1989
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a flex/industrial space totaling 1,400 square feet and located in Miami, Florida.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1989
Construction CONCRETE
Total area 68,276 SF
Lot 9.81 ac (427,324 SF)
Zoning code 7100:INDUSTRIAL,LIGHT MFG
APN 30-1232-025-0010
UPID US18-5404850

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Radio Station Telecommunications Service
  • Big Box & Wholesale Store
  • Clothing Store
  • Big Box & Wholesale Store Building Supply

Location

20725 16th Ave Miami, FL 33179-2100
Miami metro Census 9803 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$14.11M
Comparable Approach Comparable
$25.94M
Blend (final) Blend
$23.13M

Owner & transaction history

since 2018
5 recorded transactions
2018
$8.7M
2012
$17.3M
2007
$5.8M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

7100:INDUSTRIAL,LIGHT MFG · Miami, FL
Top alternative use upside
Medical building $30.0M +63.9%
Warehouse, storage $20.3M +11.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20725 16th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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