Industrial Properties in North Miami, FL

North Miami is an industrial submarket that includes portions of North Miami Beach for our purposes and runs along the Biscayne corridor from NE 125th St (N Miami Blvd) to NE 163rd St (North Miami Beach Blvd).

 

Most the warehouses in the area are smaller bay or unique properties accommodating a particular user’s requirements. They are not designed for big-box distribution. Many of the larger industrial sites are likely ripe for re-development into higher uses such as mixed-use development. Large owners in the area include Lexus and Audi of North Miami, Farrey Lighting and Bath, and Cemex.

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

North Miami offers excellent commercial real estate options for investors targeting the northeastern market of Miami-Dade County. The I-95 provides direct access to Downtown Miami to the south and the city of Fort Lauderdale to the north. The high supply of residential real estate also means you'll find a high number of potential workers living nearby.

Submarket Cons

The submarket does not have many options for a larger scale distribution and warehousing operation, and there is a trend for redevelopment. Pricing is above other areas of the County.

Is it for me?

Who is this Submarket for

The North Miami submarket is for smaller users who prefer to operate in this area because of the surrounding communities and location. It is also for long term hold investors that see the potential re-development coming to the remaining industrial zoned properties.

Find Your Warehouse

Latest Warehouses For Sale in North Miami

Latest Warehouses For Lease in North Miami

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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

Business Parks

Business Parks in the Area

Business ParksProperty Type
North Miami Business ParkOffice Space
Golden Glades Office ParkOffice Space
Business Parks

Shopping Malls and Nearby Landmarks

Business ParksType
Aventura MallShopping Mall
Turnberry Golf Course and ResortGolf Club
Dezer DevelopmentProperty Development
On the map

North Miami Map

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