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6400 Northwest 84th Avenue

William P. Roberts IV Purchases Industrial Property From Susan Leibowitz For $6.5M In Miami
SOLDIndustrial

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:

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

Hector Catano

Cornerstone International Realty

Broker

$66.3M

vol

14 deals

Broker

William P. Roberts IV

Buyer

$10.2M

vol

2 deals

Buyer

Miami Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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