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2655 NE 189th St 22,312 SF 100% Leased Industrial Building Aventura, FL 33180 $12,000,000 ($537.83/SF)
Investment Highlights
- 18-20 foot ceiling heights
- Assemblage potential with adjacent parcels for a larger-scale development
- Surrounded by top-rated schools, reinforcing long-term submarket strength
Executive Summary
2655 NE 189 St is an excellent covered land play offering a 22,312 SF warehouse on 1.43 acres, zoned UC-MCI. The property is fully leased to Armadi Custom Closets, generating $260,000 in annual income, providing an investor with stabilized cash flow while holding a redevelopment-ready site in one of South Florida's tightest submarkets.
Given the broad flexibility of UC-MCI zoning — permitting industrial, office, retail, hotel, multifamily, and other uses — the site offers significant long-term upside, with the added potential to assemble with adjacent parcels for a larger-scale development play.
Given the broad flexibility of UC-MCI zoning — permitting industrial, office, retail, hotel, multifamily, and other uses — the site offers significant long-term upside, with the added potential to assemble with adjacent parcels for a larger-scale development play.
Property Facts
| Price | $12,000,000 | Lot Size | 1.00 AC |
| Price Per SF | $537.83 | Rentable Building Area | 22,312 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2000 |
| Building Class | C | ||
| Zoning | I - Industrial | ||
| Price | $12,000,000 |
| Price Per SF | $537.83 |
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 1.00 AC |
| Rentable Building Area | 22,312 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Zoning | I - Industrial |
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Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 30-2203-022-0010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,319,479 |
Property Taxes
Parcel Number
30-2203-022-0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,319,479
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2655 NE 189th St