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Warehouse with Auto Repair Use
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13875 SW 142nd Ave, Miami, FL 33186

Vacant warehouse approved for auto and motorcycle repair, with dedicated parking and substantial overhead clearance.

Property Size997 SF
Price / SF$401.10
Days on Market223

Property Features for 13875 SW 142nd Ave

General Information

Standard status Active
Size 997 SF
Total Parking Spaces 3
Property subtype Industrial, Retail, Office
Zoning 7700

Additional Details

Warehouse Space 997 SF

Building Details

Year Built 1984
Buildings 1
Listing Agency: Bestway Realty Sales, LLC
Listed By: leonardo venereo · License #3012285
Source: Crexi
Added: Jan 22 Changed: Aug 30 Last Checked: Aug 30 at 11:42PM

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 Bestway Realty Sales, LLC

Investment Insights

Based on property information with market context.

This vacant 997-square-foot warehouse was built in 1984 and includes one bathroom, 20-foot-plus ceilings, and three assigned parking spaces. The property is approved for auto and motorcycle repair use, including mechanical and body work, providing a specialized commercial configuration within a warehouse setting. Zoning is identified as 7700.

Located at 13875 SW 142nd Ave in Miami, the property is in the West Kendall area, minutes from Tamiami Airport and the Florida Turnpike. Its existing warehouse layout, dedicated parking, and permitted automotive repair use support a range of industrial and automotive-related operations.

Key Highlights

  • 997‑square‑foot warehouse with 20‑foot‑plus ceilings
  • Approved for auto and motorcycle repair, including mechanical and body work
  • Three assigned parking spaces

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
$24,002
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
6.00%
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%
$480,040 $480.0K
Cap Rate 7%
$342,886 $342.9K
Cap Rate 9%
$266,689 $266.7K
Market Conditions
NOI Build-Up for 997 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
$40.9K $41.04/SF
− Vacancy
−$6.6K −$6.65/SF
EGI
$34.3K $34.39/SF
− OpEx
−$10.3K −$10.32/SF
NOI
$24.0K $24.07/SF
Area
ZIP 33186
Vacancy
16.20%
Lease Rate
$41.04 /SF/Yr
Expense Ratio
30.00%
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%
$480,040
Cap Rate 7%
$342,886
Cap Rate 9%
$266,689

Alternative Uses

Best Use
Retail
$342.9K
$300.0K – $400.0K (±1% cap)
NOI $24,002 @ 7.0% cap · market cap 6.00%
Second Best
Warehouse
$232.4K
$203.3K – $271.1K (±1% cap)
NOI $16,265 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$544.4K
$476.4K – $635.2K (±1% cap)
NOI $38,111 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,207
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33186, FL

69,866
Population
24,397
Households
2.9
Avg Household Size
42
Median Age
36%
College-Educated
91%
High-School Grad
12.4 sq mi
ZIP Area
5,634
Density / Sq Mi
$86,481
Median Household Income
$46,755
Median Earnings
$2,021
Median Rent
$422,300
Median Home Value

Market

Vacancy Rate% for Industrial in Miami, FL

4.1% 2019
4.6% 2020
2.2% 2021
1.6% 2022
2.4% 2023
5.7% 2024
6.5% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • TemperaCure 14163 SW 142nd Ave, Miami, FL 33186
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  • Record Nations 13275 SW 136th St #35, Miami, FL 33186, United States
  • NVS Moving & Storage 13370 SW 131st St, Miami, FL 33186
  • A+ Storage 12855 SW 136th Ave, Miami, FL 33186

Frequently Asked Questions

What type of property is this?
Warehouse - Vacant warehouse approved for auto and motorcycle repair, with dedicated parking and substantial overhead clearance.
Where is this warehouse located?
The property is located at 13875 SW 142nd Ave Miami, FL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 997‑square‑foot warehouse with 20‑foot‑plus ceilings; Approved for auto and motorcycle repair, including mechanical and body work; Three assigned parking spaces
(305) 264-5111 Call to check price and availability
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