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    5220 NW 72nd Ave Miami, FL 33166

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    Claim this Listing
    For Lease
    $8,429 /Mo

    Industrial - Miami, FL

    Type:Industrial
    Property size:
    5,950 SF
    Added:
    Mar 23, 2026
    Days on Market:
    36
    Last Refresh:
    Apr 27 at 6:06 am

    Property Features for 5220 NW 72nd Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Industrial
    Zoning
    7300
    Parking
    3
    Parking features
    Assigned
    Standard status
    Active
    APN
    30-30-23-023-0010
    Size
    5,950 SF

    Taxes and HOA fees

    Tax Annual Amount
    12297

    Building Details

    Year built
    1982
    Architectural style
    Other

    We can help!

    Listing Contact
    Claudia Splinter

    Listing agent Claudia Splinter License #3285524

    Listing office Trajan Commercial Real Estate 18591 S Dixie Hwy, Miami, FL

    Listing date Mar 23, 2026

    MLS# A11762002 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Miami Industrial Warehouse with Offices

    This industrial warehouse for lease is located in Miami. The corner unit offers a total area of 5,950 square feet, including approximately 4,621 square feet of warehouse space and approximately 1,282.8 square feet of office areas distributed across two floors. The first floor features a reception area, an office, a conference room, and a restroom. The second floor includes three offices, storage space, and an additional restroom. The property features a 16-foot clear ceiling height and a 10-foot wide by 14-foot high electric roll-up door. Ample parking is available, including extra overflow spaces. The property is suitable for logistics, warehousing, and distribution. It provides convenient access to major highways, Miami International Airport, and PortMiami.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Roca Tires (Bike/Boat/Book/etc) Store TMP Cinema Cinema MUNAIA Production Facility Miami Bat Removal Animal Shelter

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Delsie Self Storage Facility — 4711 NW 79th Ave ste 8h 9i, Doral, FL 33166
    • Igloo Exchange LLC — 6745 NW 36th St Suite 270, Miami, FL 33166
    • Alpha Logistics, Inc — doral, fl 33166
    • American Consolidation and Logistics — 6755 NW 36th St Suite 150, Miami, FL 33166
    • Extra Space Storage — 3951 NW 77th Ave, Doral, FL 33166, United States

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.314556
    Latitude
    25.821672

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    FAQs

    What type of property is this?
    Warehouse - Spacious warehouse with office space in Miami's industrial hub.
    Where is this warehouse located?
    The property is located at 5220 NW 72nd Ave Miami, FL.
    What is the lease rate?
    The lease rate is $8,429 /Mo.
    What are key features of this property?
    This property features: Prime location in Miami's industrial hub with convenient access to major highways, Miami International Airport, and PortMiami.; Spacious 5,950 SF corner unit with **±4,621 SF of warehouse space**.; Functional office space of ±1,282.8 SF across two floors, including reception, conference room, and multiple private offices.
    (305) 482-1118
    We can help!
    Listing Contact
    Claudia Splinter
    Real Estate License ID: 3285524
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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