William P. Roberts IV Purchases Industrial Property From Susan Leibowitz For $6.5M In Miami
6400 Northwest 84th Avenue
$6,500,000
$631/SF
Building Size
10,297 SF
Asset Type
Industrial
Closing
Aug 6, 2026
AI
This industrial asset, located at 6400 Northwest 84th Avenue in Miami, has a sale price of $6,500,000. The property features a total square footage of 10,297 and sits on 1.05 acres. The assessed land value is 142.11 PSF, resulting in a price per square foot of $631.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,500,000
- Buyer: William P. Roberts IV
- Seller: Susan Leibowitz
- Buyer's Representative: Ivelisse Meneses - Kaizen Realty Partners
- Seller's Representative: Hector Catano - Cornerstone International Realty
- Square Footage: 10,297
- Acres: 1.05
- Land Value: 142.11 PSF
- Price Per Square Foot: $631
The transaction involves key representatives from both sides, with Ivelisse Meneses of Kaizen Realty Partners representing the buyer, and Hector Catano from Cornerstone International Realty representing the seller. This underscores the involvement of established agencies in facilitating the sale.
Players
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93