Industrial Properties in Little River

Little River is a small neighborhood on the northern edge of the city of Miami, Florida. The community got its namesake from the small river running along the north edge of the suburb. The district features a good mix of retail, commercial, and industrial use properties. The industrial submarket is bordered by NW 79th Street to the north, Biscayne Boulevard to the east, NE 61st Street to the south, and NW 17th Avenue to the west. The fastest route to get to Downtown Miami from Little River is via the I-95, which takes about 10 minutes. To get to the Port of Miami, you’ll take around 15 minutes, making a similar route. Little River also has easy access to the 112 expressway via I-95 and into Miami International.

Historically, the industrial buildings in the area were used for traditional uses. The submarket is in the midst of a big change towards older warehouses being repurposed and converted into galleries, bars, restaurants, breweries, studios, showrooms, and more. New commercials developments are being planned and considered in the area in large part due to the Magic City Innovation District initiative. The goal of Magic City is to transform Little Haiti into a walkable, campus-like neighborhood to live, work, play and learn together. Due to the shift in demand in the submarket and industrial properties being converted, sale and lease rates have seen a consistent increase outside the norms of industrial in the County.

With the rise of e-commerce, there is still opportunity for smaller last mile distribution industrial product in this submarket because of its great logistical access along I-95.

Market Overview

Miami Industrial Real Estate Statistics

Total Square Feet Inventory

250,000,000 SF

Average Sale Price

$157 psf

Under Construction

4,000,000 SF

Market Rent

$12.61 psf

Vacancy Rate

6.1%

Submarket Pros

There are a lot of older warehouse buildings in the neighborhood which are not designed for distribution because of low ceilings and inefficient loading. Pricing has drastically increased in the submarket both for sale and for lease.The neighborhood has direct access to the I-95 with easy access to various communities and business centers along the coast of Miami-Dade County. Lots of opportunity for redevelopment and repurposing of older properties to potentially build equity for the future.

Submarket Cons

There are a lot of older warehouse buildings in the neighborhood which are not designed for distribution because of low ceilings and inefficient loading. Pricing has drastically increased in the submarket both for sale and for lease.

Is it for me?

Who is this Submarket for

Little River’s commercial and industrial sections are perfect for those looking for a location that has easy access to the markets along I-95 and the population centers along the eatern coast of the City of Miami. Several highways connect the area to Downtown Miami, the Aiport and Seaport, and north to Broward County.

Find Your Warehouse

Latest Warehouses For Sale in Little River

68
Active

$3,750,000

230 70th St NE

Miami, FL, 33138
MLS#A10942211
9
Active

$3,354,500

7771 7th Ave NW

Miami, FL, 33150
MLS#A11100328
11
Active

$3,250,000

509 72 ST NW

Miami, FL, 33150
MLS#A11030464
4
Active

$2,500,000

287 67 St NE

Miami, FL, 33138
MLS#A11020150
9
Active

$2,246,400

290 68 st NE

Miami, FL, 33138
MLS#A11020121

Latest Warehouses For Lease in Little River

1
Active

$6,500/mo

372 70th St NE

Miami, FL, 33138
MLS#A11051314
1
Active

$5,500/mo

360 70th St NE

Miami, FL, 33138
MLS#A11051305
4
Active

$3,000/mo

530 71st St NW

Miami, FL, 33150
MLS#A11098164
12
Active

$25/mo

6899 4th Ave NE

Miami, FL, 33138
MLS#A11051367
7
Active

$9.67/mo

7200 7th Ave NW

Miami, FL, 33150
MLS#A11047933
pat-footer
Take the next step

Ready to take the next step?

Whether it’s investing in a new existing property, selling your existing property for top dollar, looking for land for new construction, researching available properties, or leasing a facility, our team is ready to help to take your business to the next level. Please feel free to reach out to our team for any commercial or industrial real estate questions today!

Meet the Locals

Who Lives in Miami-Dade County, Florida

Population

2,794,990

Median Age

40.7

Median Household Income

$53,537

Cost of Living Index Score

123.1

Bachelor's Degree or Higher

28.78%

Poverty Rate

14.26%

Nearby

Neighboring Businesses

Businesses
McArthur Dairy
Business Parks

Business Parks in the Area

Business ParksProperty Type
Magic City StudiosMixed - Use
Rail 71 PlazaOffice Space
Business Parks

Shopping Malls and Nearby Landmarks

Business ParksType
Lee R. Perry Sports ComplexSports Complex
Little Haiti Soccer ParkPublic Park
Miami Northwestern Senior HighSchool
MidpointShopping Mall
Rail 71 PlazaShopping Mall
On the map

Little River Map

Close Menu
Home
Search
Call
Account
Close Menu