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Property profile & analytics
OFF-MARKET Estimated value $3,035,000
Warehouses

5295 163rd St Miami Lakes, FL 33014-6225

23,755 SF 1.19 ac lot Built 1968
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US19-0779580
Property summary
AI-generated overview

This exceptional Miami Gardens industrial property, located at 5295 NW 163rd St, offers a rare opportunity to lease a single-tenant, freestanding building totaling 23,816 square feet. Built in 1968, the property boasts a spacious layout ideal for manufacturing or distribution operations. The high ceilings, measuring 20 feet, provide ample vertical space for storage and operations. Three dock-high doors ensure efficient loading and unloading of goods, while abundant parking accommodates employees and visitors. The property features very heavy 3-phase power, essential for energy-intensive industrial processes. The building is currently vacant and ready for immediate occupancy. The I-2 zoning in Miami Gardens, Miami-Dade County, Florida, allows for a variety of industrial uses. A fenced-in yard area provides additional secure outdoor space. Approximately 10% of the building is currently finished as office space. This property presents a unique opportunity to establish or expand your industrial operations in a prime Miami Gardens location, with easy access to major transportation routes. The zip code is 33014.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1968
Construction CONCRETE
Total area 23,755 SF
Lot 1.19 ac (51,980 SF)
Zoning code 7100:INDUSTRIAL,LIGHT MFG
APN 34-2118-002-0040
UPID US19-0779580
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.04M
Owner & transaction history
Rrlj12 LLC · 9 yrs held
Rrlj12 LLC
since 2016
7 recorded transactions
2016
$1.9M
2011
$1.5M
2005
$1.5M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Miami Lakes, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Official Zoning Map rev. 2019
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