Freestanding Industrial
7345 SW 41st St Miami, FL 33155
For Sale
$3,750,000
Freestanding industrial warehouse with 3 grade-level loading doors, office kitchenette, and exterior yard space.
Property Size7,359 SF
Price / SF$509.58
Days on Market87
Property Features for 7345 SW 41st St
General Information
- Standard status
- Active
- Size
- 7,359 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1962
Listing Agency:
One Sotheby's International Realty
(305) 746-3079
Listed By:
Maria Isabel Salum · License #3338536
(305) 746-3079
Source:
Elliman
Added: Apr 29
Changed: Jul 23
Last Checked: Jul 23 at 6:27PM
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 Sotheby's International Realty
Investment Insights
Based on property information with market context.
Freestanding industrial warehouse offering a practical combination of enclosed building space and exterior yard area. The property includes 7,359 square feet of industrial building area plus 3,641 square feet of additional yard and exterior space for storage, staging, or other outdoor work needs. Loading is supported by three grade-level loading doors designed for straightforward vehicle access. Office functionality is included with an on-site kitchenette to support day-to-day administrative operations.
Located at 7345 SW 41st St in Miami, Florida, the asset sits in an active industrial corridor within Miami-Dade County. The public remarks note central accessibility and proximity to major transportation routes, with the property described as being behind Bird Rd amid a mix of warehouses, distribution centers, and manufacturing facilities.
Located at 7345 SW 41st St in Miami, Florida, the asset sits in an active industrial corridor within Miami-Dade County. The public remarks note central accessibility and proximity to major transportation routes, with the property described as being behind Bird Rd amid a mix of warehouses, distribution centers, and manufacturing facilities.
Key Highlights
- Freestanding industrial building with 7,359 SF of industrial area and 3,641 SF of additional exterior yard space
- 3 grade‑level loading doors for loading and unloading operations
- Includes on‑site office functionality with a kitchenette
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 | $148.4k | $20.16 |
| − Vacancy | −$7.1k | −$0.97 |
| EGI | $141.2k | $19.19 |
| − OpEx | −$21.2k | −$2.88 |
| NOI | $120.1k | $16.31 |
7,359 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.72M
$1.50M – $2.00M
NOI $120,051 @ 7.0% cap · market cap 3.20%
Second Best
Flex RnD
$1.54M
$1.35M – $1.80M
NOI $107,912 @ 7.0% cap · market cap 2.88%
Theoretical Best
Specialty Retail
$4.97M
$4.35M – $5.80M
NOI $347,716 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Honshy Electric Co ...
Electrical Service
E D Lighting ...
(Bike/Boat/Book/etc) Store
Reyan International Inc
Logistics Company
Similar Off Market Nearby
- Juniors Catering of Miami — 7370 SW 48th St, Miami, FL 33155
- Billy G Catering — 4631 SW 75th Ave, Miami, FL 33155
- il Cucchiaio Professional Catering & Events Production — 4519 SW 75th Ave, Miami, FL 33155
- The Lazy Oyster — 4631 SW 75th Ave, Miami, FL 33155
- Le Basque the Caterers — 4652 SW 74th Ave, Miami, FL 33155
FAQs
What type of property is this?
Flex space - Freestanding industrial warehouse with 3 grade-level loading doors, office kitchenette, and exterior yard space.
Where is this flex space located?
The property is located at 7345 SW 41st St Miami, FL.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Freestanding industrial building with 7,359 SF of industrial area and 3,641 SF of additional exterior yard space; 3 grade‑level loading doors for loading and unloading operations; Includes on‑site office functionality with a kitchenette
