1001 163Rd DrMiami Gardens, FL 33169

Property Details for 1001 163Rd Dr

Year built

1958

Construction

CONCRETE

Lot size

1.22 AC

Property size (Sq ft)

15,378 SF

Zone code

7100:INDUSTRIAL,LIGHT MFG

Property type

Warehouses

APN

34-2114-007-0060

APU

3421140070060

Description

This exceptional 15,377-square-foot warehouse, located at 1001 NW 163rd Drive in Miami Gardens, Florida, presents a compelling value-add investment opportunity. Situated on a 53,303-square-foot lot (APN 34-2114-007-0060), this single-tenant property boasts a desirable location in a vibrant and economically strong area of Miami-Dade County. The asking price is $4,620,000, translating to $300.45 per square foot. Built in 1958, the property is zoned 7100 INDUSTRIAL - LIGHT MFG, offering flexibility for various industrial and office uses. The property benefits from a strong tenant base, providing stable cash flow and the advantages of a Net Net Net (NNN) lease structure. This investment offers a blend of immediate income generation and significant potential for long-term capital appreciation, driven by its strategic location and superb connectivity within the thriving Miami market. The property's single-building structure simplifies management and enhances operational efficiency. This is a rare chance to acquire a well-positioned industrial asset with substantial upside potential in one of Florida's most dynamic economic regions. The property's location provides excellent access to major transportation arteries, ensuring efficient logistics and distribution capabilities. This presents a solid foundation for continued growth and profitability.

Location Insight

City

Miami Gardens

County

Miami-dade

State

Florida

Latitude

25.9256

Longitude

-80.2173

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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