Industrial Warehouse with Fenced
3645 NW 49th St Miami, FL 33142
3645 NW 49th St, Miami, FL, 33142
$1,000,000
For Sale
$1,000,000
Vacant small-bay warehouse with a fenced, secured yard, 13.3-foot clear height, and one street-level loading door.
Property Size3,250 SF
Lot Size0.25 Acres
Price / SF$307.69
Days on Market70
Property Features for 3645 NW 49th St
General Information
- Standard status
- Active
- Size
- 3,250 SF
- Lot size
- 0.25 Acres
- Property subtype
- Warehouse
Building Details
- Year Built
- 1969
Listing agency
Marcus & Millichap
(786) 522-7027
Listed by
Jonathan De La Rosa · License #License(s): FL: SL3283433
(786) 522-7027
Source
Marcusmillichap
Added: May 14 Updated: Jul 21 at 12:34PM Checked: Jul 21 at 12:34PM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
This vacant small-bay industrial warehouse includes approximately 3,250 rentable square feet within an 11,000-square-foot IU-1 zoned site. The property features a fenced and secured 11,000-square-foot lot with a 13.3-foot clear height and one street-level loading door. Power and utilities are designed for industrial operations, with robust 3-phase electrical service (800 amps at 240 volts) and additional utility infrastructure including two electric meters and one water meter.
The asset is positioned in East Hialeah with regional connectivity to Miami International Airport, the Port of Miami, and major expressways, supporting convenient access for distribution and operational needs.
Offered for sale as a turnkey, available facility, the property is delivered vacant and provides on-site outdoor storage in a compact industrial format.
The asset is positioned in East Hialeah with regional connectivity to Miami International Airport, the Port of Miami, and major expressways, supporting convenient access for distribution and operational needs.
Offered for sale as a turnkey, available facility, the property is delivered vacant and provides on-site outdoor storage in a compact industrial format.
Key Highlights
- Vacant small‑bay industrial property with approx. 3,250 rentable SF delivered vacant
- 11,000‑SF IU‑1 zoned site with a fenced and secured 11,000 SF lot/yard for outdoor storage
- 13.3‑foot clear height plus one street‑level loading door
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 | $65.5k | $20.16 |
| − Vacancy | −$3.1k | −$0.97 |
| EGI | $62.4k | $19.19 |
| − OpEx | −$9.4k | −$2.88 |
| NOI | $53.0k | $16.31 |
3,250 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$757.4K
$662.7K – $883.7K
NOI $53,019 @ 7.0% cap · market cap 5.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.19M
$1.92M – $2.56M
NOI $153,564 @ 7.0% cap · market cap 15.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - Vacant small-bay warehouse with a fenced, secured yard, 13.3-foot clear height, and one street-level loading door.
Where is this warehouse located?
The property is located at 3645 NW 49th St Miami, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Vacant small‑bay industrial property with approx. 3,250 rentable SF delivered vacant; 11,000‑SF IU‑1 zoned site with a fenced and secured 11,000 SF lot/yard for outdoor storage; 13.3‑foot clear height plus one street‑level loading door