Mark Bergquist Acquires Industrial Land From Navnit Patel In Florida City For $2.9M
SOLD
$2,900,000
Florida
See Similar DealsIndustrial178,160 SF
Sold 07/24/2025
SOLD
Mark Bergquist Acquires Industrial Land From Navnit Patel In Florida City For $2.9M
35203 South Dixie Highway
See Similar DealsIndustrial178,160 SF
Sold 07/24/2025
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$16
Total Square Footage:178,160 SF
Transaction Type:Sale
35203 South Dixie Highway, located in Florida City, is an industrial property featuring 178,160 square feet on 4 acres of industrially zoned land. The transaction was concluded for a price of $2,900,000, resulting in a price per square foot of $16.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,900,000
- Square Footage: 178,160
- Address: 35203 South Dixie Highway
- Market: Florida City
- Seller: Navnit Patel
- Buyer's Name: Mark Bergquist
- Seller's Representative: Louis Erice - Keller Williams Realty
Mark Bergquist acted as the buyer in this transaction, while Louis Erice represented the seller, Navnit Patel, in this sale. The deal marks a significant development in the industrial real estate sector within Southern Miami Dade County.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$154,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,303.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,747.48
Annual Debt Service$164,969.75
Is there something missing? Send suggestions