5-Unit Free-Standing
For Sale
$1,950,000
Pending
7330 SW 42ND STREET, Miami, FL 33155
Free-standing five-unit warehouse/showroom with a fully air-conditioned showroom and ADA compliance.
Property Size9,510 SF
Lot Size0.35 Acres
Days on Market2526
Property Features for 7330 SW 42ND STREET
General Information
Standard status
Pending
Size
9,510 SF
Lot size
0.35 Acres
Property subtype
General Commercial
Amenities
3
140
Building Details
Buildings
1
Construction
Twin-T concrete roof
Tenancy
Multi
Listing Agency:
(305) 785-2687
Listed By:
The Keyes Company
(305) 785-2687
Source:
Xome
Added: Sep 8, 2019
Changed: Jul 30
Last Checked: Jul 30 at 3:05PM
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 The Keyes Company
Investment Insights
Based on property information with market context.
Free-standing 5-unit warehouse/showroom on a 15,248 SF lot totaling 9,510 SF. The showroom encompasses two of the units and is 100% air conditioned, while the remaining space includes 4 warehouse units of 1,585 ASF. The structure has a Twin-T concrete roof and the building has passed the 40 year Re-Certification, with ADA compliance.
Located at 7330 SW 42ND STREET in the Bird Rd industrial area. The property is configured for flexible use where owner users can occupy a few units and lease the rest to help offset expenses.
Interior guest facilities are listed as 3.
Located at 7330 SW 42ND STREET in the Bird Rd industrial area. The property is configured for flexible use where owner users can occupy a few units and lease the rest to help offset expenses.
Interior guest facilities are listed as 3.
Key Highlights
- 5‑unit free‑standing warehouse/showroom totaling 9,510 SF
- 15,248 SF lot
- Showroom spans 2 units and is 100% air conditioned
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$155,141
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,102,820
$3.1M
Cap Rate 7%
$2,216,300
$2.2M
Cap Rate 9%
$1,723,789
$1.7M
Market Conditions
NOI Build-Up for 9,510 SF
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.
Gross rent
$191.7K $20.16/SF
− Vacancy
−$9.2K −$0.97/SF
EGI
$182.5K $19.19/SF
− OpEx
−$27.4K −$2.88/SF
NOI
$155.1K $16.31/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,102,820
Cap Rate 7%
$2,216,300
Cap Rate 9%
$1,723,789
Alternative Uses
Best Use
Retail
$4.43M
$3.88M – $5.17M
NOI $310,270 @ 7.0% cap · market cap 15.91%
Second Best
Warehouse
$2.22M
$1.94M – $2.59M
NOI $155,141 @ 7.0% cap · market cap 7.96%
Theoretical Best
Specialty Retail
$6.42M
$5.62M – $7.49M
NOI $449,352 @ 7.0% cap · market cap 23.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,025
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33155, FL
43,695
Population
16,046
Households
2.7
Avg Household Size
45
Median Age
37%
College-Educated
85%
High-School Grad
7.4 sq mi
ZIP Area
5,905
Density / Sq Mi
$79,271
Median Household Income
$41,919
Median Earnings
$1,871
Median Rent
$505,000
Median Home Value
Market
Vacancy Rate% for Industrial in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Free-standing five-unit warehouse/showroom with a fully air-conditioned showroom and ADA compliance.
Where is this warehouse located?
The property is located at 7330 SW 42ND STREET Miami, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 5‑unit free‑standing warehouse/showroom totaling 9,510 SF; 15,248 SF lot; Showroom spans 2 units and is 100% air conditioned
