5395 165th St Miami Lakes, FL 33014-6218
Property profile & analytics
5395 165th St Miami Lakes, FL 33014-6218
- Warehouses
- 34,339 SF
- 1.46 lot acres
Property ID
US18-1540263
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 5395 165th St
- Year built
- 1975
- Construction
- CONCRETE
- Lot size
- 1.46 lot acres
- Property size
- 34,339 SF
- Zone code
- 7100:INDUSTRIAL,LIGHT MFG
- Property type
- Warehouses
- APN
- 34-2118-008-0011
- APU
- 3421180080011
Description
This exceptional 36,000-square-foot freestanding warehouse in Miami Gardens, Florida, presents a unique investment opportunity. Located at 5395 NW 165th St, 33014, this Class B industrial property, built in 1975 and renovated in 1989, sits on a 63,653-square-foot lot. The single-story building features 21'-22' ceiling heights, four dock-high doors, and four loading docks, ensuring efficient operations. Currently 100% occupied by three tenants under a modified month-to-month lease with 4% annual rent bumps, the property offers a strong cash flow. The sale includes a leaseback option, providing flexibility for various investment strategies. The property boasts 1200 amps of power and new impact windows. Zoned for light industrial use, this property offers ample parking for up to 55 vehicles. The asking price is $9,150,000, or $254.17 per square foot, with a price per unit of $3,133,333.33. This fee-simple ownership presents an ideal opportunity for owner-users, user-investors, or investors seeking a strong return on investment. The leaseback option is negotiable and can be structured to suit various needs. The seller is open to leasing back 7,500 to 10,500 square feet or 18,000 square feet, with a potential 3.5-year lease term at $16.00 per square foot, subject to negotiation.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,245,000
- ML approach
- $5,420,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,890,000
- 6.5%
- $7,280,000
- 7%
- $6,760,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,332,000
Market price range: $5.76M - $9.63M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $7,590,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami Lakes
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.288
- Latitude
- 25.9235
- 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
$97,040
$954,795
$3,789,205
$4,744,000
-
$954,795
$3,789,205
$4,744,000
