10605 186Th StMiami, FL 33157
- Retail properties
- 5,000 SF
Property Details for 10605 186Th St
- Year built
- 1997
- Construction
- STEEL FRAME
- Lot size
- 0.29 AC
- Property size (Sq ft)
- 5,000 SF
- Zone code
- 7050
- Property type
- Retail properties
- Property subtype
- Other automotive properties
- APN
- 30-6005-009-0030
- APU
- 3060050090030
Description
This exceptional 5,000-square-foot free-standing warehouse in Miami's Cutler Bay submarket presents a compelling investment opportunity. Situated on a substantial 25,337-square-foot lot, this single-story building offers 20-foot ceilings and two oversized grade-level loading docks, ideal for efficient material handling. Built in 1997, the structure features a Butler-style design and boasts an 18.5-foot clear height, accommodating large equipment and vehicles. The property's zoning, IU-1 (Light Manufacturing District), allows for a variety of light industrial uses. Its prime location on SW 186th Street (Quail Roost Drive) provides excellent visibility and accessibility. Strategically located just half a mile from US-1 and the Florida Turnpike, this warehouse offers seamless connectivity to major transportation arteries, including the nearby South Dixie Highway, making it perfect for distribution or manufacturing businesses. The property's Miami-Dade County location, within the Perrine/Cutler Bay submarket, benefits from a strong industrial and commercial presence, promising sustained growth and operational success. The APN is 30-6005-009-0030, 30-6005-009-0040.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,283,609
- 6.5%
- $4,877,178
- 7%
- $4,528,808
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,099,695
- Geo Method
- $4,099,695
-
Alternative Use
- Use
- Valuation
- Residential
- $4,114,082
- Hospitality
- $3,768,477
- Educational
- $3,135,328
- Medical
- $3,243,157
- Retail
- $4,877,178
Location Insight
- City
- Cutler Bay
- County
- Miami-dade
- State
- Florida
- Latitude
- 25.5964
- Longitude
- -80.3637
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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