Warehouse with 17-Foot Clear
For Sale
Contact for pricing
3500 NW 54th St, Miami, FL 33142
Warehouse space suited to automotive trades with substantial ceiling height and parking for multiple vehicles.
Property Size62,480 SF
Price / SF$0.15
Days on Market147
Property Features for 3500 NW 54th St
General Information
Standard status
Active
Size
62,480 SF
Property subtype
Industrial
Additional Details
Clear Height
17 ft
Building Details
Building Size
62,480 SF
Year Built
1953
Listing Agency:
The Hype Real Estate Group Corp
Listed By:
Raul Pino Jr · License #3423287
(786) 503-5583
Source:
Casacollectiongroup
Added: Jun 1
Changed: Oct 24
Last Checked: Oct 25 at 2:22AM
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 Hype Real Estate Group Corp
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Investment Insights
Based on property information with market context.
This warehouse unit provides 17-foot clear ceiling height, supporting equipment and lift operations for automotive and related trades. The interior is delivered in updated condition, with painted warehouse space, LED lighting, and refreshed common areas, giving operators a clean base for their build-out.
The property is located on NW 35th Avenue in Miami with convenient access to major roadways serving Miami-Dade County. The surrounding area features a mix of automotive and industrial businesses, which aligns well with service-oriented operators who need dependable day-to-day logistics and working space.
Parking includes 4–5 dedicated spaces with the ability to double-stack, helping accommodate staff vehicles and customer needs. The layout and clear height make it a practical option for body shops, mechanics, and similar uses that benefit from vertical clearance and straightforward on-site vehicle staging. Body shops and mechanics are welcome, and the unit is positioned for trades that require functional warehouse space ready to be adapted.
The property is located on NW 35th Avenue in Miami with convenient access to major roadways serving Miami-Dade County. The surrounding area features a mix of automotive and industrial businesses, which aligns well with service-oriented operators who need dependable day-to-day logistics and working space.
Parking includes 4–5 dedicated spaces with the ability to double-stack, helping accommodate staff vehicles and customer needs. The layout and clear height make it a practical option for body shops, mechanics, and similar uses that benefit from vertical clearance and straightforward on-site vehicle staging. Body shops and mechanics are welcome, and the unit is positioned for trades that require functional warehouse space ready to be adapted.
Key Highlights
- 5,454 SF warehouse space built in 1953 on NW 35th Avenue (Miami).
- 17‑foot clear ceiling height for lifts, equipment, and workflow.
- Parking includes 4–5 dedicated spaces with the ability to double‑stack vehicles.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$839,395
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,787,900
$16.8M
Cap Rate 7%
$11,991,357
$12.0M
Cap Rate 9%
$9,326,611
$9.3M
Market Conditions
NOI Build-Up for 62,480 SF
Gross rent
$1.26M $20.16/SF
− Vacancy
−$60.5K −$0.97/SF
EGI
$1.20M $19.19/SF
− OpEx
−$359.7K −$5.76/SF
NOI
$839.4K $13.43/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,787,900
Cap Rate 7%
$11,991,357
Cap Rate 9%
$9,326,611
Alternative Uses
Best Use
Retail
$29.12M
$25.48M – $33.97M
NOI $2,038,453 @ 7.0% cap · market cap 21,345.06%
Second Best
Warehouse
$14.56M
$12.74M – $16.99M
NOI $1,019,266 @ 7.0% cap · market cap 10,672.94%
Theoretical Best
Specialty Retail
$42.17M
$36.90M – $49.20M
NOI $2,952,208 @ 7.0% cap · market cap 30,913.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
17 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,392
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Miami, FL
Similar Off Market Nearby
- All My Sons Moving & Storage — 987 SE 11th Pl, Hialeah, FL 33010
- Exotic Storage Solutions — 4261 NW 36th Ave, Miami, FL 33142
- GRM Information Management — 4495 NW 37th Ave, Miami, FL 33142
- Hialeah Multi-Bay Warehouse Park — SE 10th Ave, Hialeah, FL 33010
- Prime Storage — 1000 Hialeah Dr, Hialeah, FL 33010
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse space suited to automotive trades with substantial ceiling height and parking for multiple vehicles.
Where is this warehouse located?
The property is located at 3500 NW 54th St Miami, FL.
What are key features of this property?
This property features: 5,454 SF warehouse space built in 1953 on NW 35th Avenue (Miami).; 17‑foot clear ceiling height for lifts, equipment, and workflow.; Parking includes 4–5 dedicated spaces with the ability to double‑stack vehicles.
