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    Hialeah Industrial Warehouse Near Airport Title is generated by Realmo AI

    3375 NW 37th St, Miami, FL

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    4,495 SF warehouse in Hialeah, near Miami Airport.

    Type:INDUSTRIAL
    Property size:
    4,495 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $261/SF
    Added:
    Feb 4, 2025
    Days on Market:
    493
    Last Refresh:
    May 20 at 8:34 pm

    Property Features for 3375 NW 37th St

    General Information

    Standard status
    Active
    Size
    4,495 SF
    Lot size
    0.13 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Tiara Saint
    Tiara Saint

    Listing agent Tiara Saint License #BK3212332

    Listing office ONE Commercial Real Estate

    Listing date Feb 4, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of ONE Commercial Real Estate

    HighLights

    • 4,495 sq ft industrial warehouse space
    • Strategically located in the Hialeah Submarket
    • 5‑minute drive from Miami International Airport
    • Benefit from 18‑foot clear heights
    • Generous office space
    • One drive‑in bay (10’ wide x 12’ high)

    Overview

    This industrial warehouse, located in the Hialeah submarket, offers 4,495 square feet of space. Constructed in 1964, the property features 18-foot clear heights and office space. It includes one drive-in bay that measures 10 feet wide by 12 feet high. The warehouse is situated a 5-minute drive from Miami International Airport. This well-maintained property is suitable for an owner-operator looking to establish a headquarters in Miami.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $90.6k $20.16
    − Vacancy −$4.3k −$0.97
    EGI $86.3k $19.19
    − OpEx −$12.9k −$2.88
    NOI $73.3k $16.31
    4,495 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.05M
    $916.6K – $1.22M (±1% cap)
    NOI $73,329 @ 7.0% cap · market cap 6.24%
    Second Best
    Industrial
    $862.7K
    $754.9K – $1.01M (±1% cap)
    NOI $60,389 @ 7.0% cap · market cap 5.14%
    Theoretical Best
    Specialty Retail
    $3.03M
    $2.65M – $3.54M (±1% cap)
    NOI $212,391 @ 7.0% cap · market cap 18.08%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Pharmacy

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

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    • Bounce Luggage Storage - 24/7 Miami Airport — 4299 NW 36th St, Miami, FL 33166
    • Near2Me Self Storage Units — 3601 NW 27th Ave, Miami, FL 33142

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.252
    Latitude
    25.8097

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    FAQs

    What type of property is this?
    Warehouse - 4,495 SF warehouse in Hialeah, near Miami Airport.
    Where is this warehouse located?
    The property is located at 3375 NW 37th St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,175,000.
    What are key features of this property?
    This property features: 4,495 sq ft industrial warehouse space; Strategically located in the Hialeah Submarket; 5‑minute drive from Miami International Airport
    (305) 951-0441 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tiara Saint
    Tiara Saint
    Real Estate License ID: BK3212332
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