Warehouse with Roll-Up Loading
For Sale
$3,290,000
3035 NW 40th St, Miami, FL 33142
Warehouse with roll-up loading doors and a large open floor plan, currently leased through March 2025.
Property Size10,000 SF
Price / SF$329
Days on Market306
Property Features for 3035 NW 40th St
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Industrial
Additional Details
Warehouse Space
10,000 SF
Building Details
Building Size
10,500 SF
Year Built
1966
Listing Agency:
Harbor Realty Inv. Corp
Listed By:
John Olsen · License #0561992
Source:
Relinkre
Added: Oct 1, 2025
Changed: Jul 31
Last Checked: Aug 1 at 10:42AM
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 Harbor Realty Inv. Corp
Investment Insights
Based on property information with market context.
This warehouse offers approximately 10,000 SF of enclosed industrial space with high ceilings and a large open floor plan. Loading and unloading are supported by roll-up doors, with additional space designed for storage, distribution, or light manufacturing. The building was constructed in 1966.
The property is located in Miami’s industrial district and provides accessibility to major highways, Miami International Airport, and the Port of Miami. The site is currently leased through March 2025.
For tenants and operators seeking practical warehouse space in a connectivity-focused area, the combination of open interior layout, high ceilings, and roll-up loading access supports a range of industrial uses, including storage and distribution.
The property is located in Miami’s industrial district and provides accessibility to major highways, Miami International Airport, and the Port of Miami. The site is currently leased through March 2025.
For tenants and operators seeking practical warehouse space in a connectivity-focused area, the combination of open interior layout, high ceilings, and roll-up loading access supports a range of industrial uses, including storage and distribution.
Key Highlights
- Approximately 10,000 SF warehouse with a large open floor plan
- Roll‑up doors for loading and unloading
- High ceilings throughout
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 | $201.6k | $20.16 |
| − Vacancy | −$9.7k | −$0.97 |
| EGI | $191.9k | $19.19 |
| − OpEx | −$28.8k | −$2.88 |
| NOI | $163.1k | $16.31 |
10,000 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.33M
$2.04M – $2.72M
NOI $163,135 @ 7.0% cap · market cap 4.96%
Second Best
Industrial
$1.92M
$1.68M – $2.24M
NOI $134,346 @ 7.0% cap · market cap 4.08%
Theoretical Best
Specialty Retail
$6.75M
$5.91M – $7.88M
NOI $472,505 @ 7.0% cap · market cap 14.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,464
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
Market
Properties on Market for Warehouses in Miami
Vacancy Rate% for Industrial in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse with roll-up loading doors and a large open floor plan, currently leased through March 2025.
Where is this warehouse located?
The property is located at 3035 NW 40th St Miami, FL.
What is the asking price?
The asking price for this property is $3,290,000.
What are key features of this property?
This property features: Approximately 10,000 SF warehouse with a large open floor plan; Roll‑up doors for loading and unloading; High ceilings throughout
