Flex Space with Warehouse and
For Sale
Contact for pricing
3500 NW 54th St Unit 5210, Miami, FL 33142
Combined warehouse and office space with clear height and dedicated parking for industrial operations.
Property Size5,454 SF
Price / SF$0.00
Days on Market49
Property Features for 3500 NW 54th St Unit 5210
General Information
Standard status
Active
Size
5,454 SF
Property subtype
Industrial
Additional Details
Clear Height
16 ft
Amenities
Square Feet: 94250
Features: Overhead Doors
Parcel Number: 30-31-21-000-0490, Tax Legal Description: 21 53 41 1.87 AC E1/2 OF E1/2 OF NE1/4 OF NW1/4 OF NW1/4 LESS N50FT & E35FT FOR R/W PR ADD 3500 NW 54 ST LOT SIZE IRREGULAR OR 16564-4465 10
Flooring: Concrete
Business Type: Industrial, Warehouse Space, Existing Lease Type: NNN, Lease Considered, Special Listing Conditions: Lease, Standard Status: Active
Open Parking, Parking Total: 6, Features: Assigned, Common, Free Parking, Loading Spaces, On Street
Stories: 1, Year Built: 1953, Building Area Total: 62480, Building Features: Heavy Traffic, Office, Structure Type: Commercial, Industrial/Manufacturing, Office/Warehouse Combination, Industrial
County Or Parish: Miami-Dade County, Unit Number: 5210
Current Use: Commercial Lease, Leasable Area Units: Square Feet, Leasable Area: 5454
Road Frontage Type: City Street
Building Details
Year Built
1953
Listing Agency:
The Hype Real Estate Group Corp
Listed By:
Pablo Vignolo · License #A12025588
(305) 303-3837
Source:
Riserealty
Added: Sep 14
Changed: Oct 31
Last Checked: Nov 1 at 5:35AM
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 5,454-square-foot flex property combines warehouse and office areas within an industrial building constructed in 1953. The space provides 16-foot clear height and dedicated parking, with the interior available for clearing and preparation ahead of occupancy.
Located at 3500 NW 54th St Unit 5210 in Miami, the property can accommodate logistics and distribution, building and trade contractors, light manufacturing, assembly, storage, and other industrial uses.
Located at 3500 NW 54th St Unit 5210 in Miami, the property can accommodate logistics and distribution, building and trade contractors, light manufacturing, assembly, storage, and other industrial uses.
Key Highlights
- 5,454 SF of combined warehouse and office space
- 16' clear height
- Dedicated parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,272
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,465,440
$1.5M
Cap Rate 7%
$1,046,743
$1.0M
Cap Rate 9%
$814,133
$814.1K
Market Conditions
NOI Build-Up for 5,454 SF
Gross rent
$110.0K $20.16/SF
− Vacancy
−$5.3K −$0.97/SF
EGI
$104.7K $19.19/SF
− OpEx
−$31.4K −$5.76/SF
NOI
$73.3K $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%
$1,465,440
Cap Rate 7%
$1,046,743
Cap Rate 9%
$814,133
Alternative Uses
Best Use
Warehouse
$1.27M
$1.11M – $1.48M
NOI $88,974 @ 7.0% cap · market cap 556,087.50%
Second Best
Flex RnD
$1.14M
$999.7K – $1.33M
NOI $79,977 @ 7.0% cap · market cap 499,856.25%
Theoretical Best
Specialty Retail
$3.68M
$3.22M – $4.30M
NOI $257,704 @ 7.0% cap · market cap 1,610,650.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
16 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,392
Businesses Nearby
Balanced
Demand for This Use
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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
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- Bar Solution Services — 3745 NW 50th St Unit A, Miami, FL 33142
- Chef's Delights Catering — 3520 NW 50th St, Miami, FL 33142
- Licardo Hospitality — 7415 NW 54th St, Miami, FL 33142
- Lyon & Lyon — 5663 NW 35th Ct, Miami, FL 33142
Frequently Asked Questions
What type of property is this?
Flex space - Combined warehouse and office space with clear height and dedicated parking for industrial operations.
Where is this flex space located?
The property is located at 3500 NW 54th St Unit 5210 Miami, FL.
What are key features of this property?
This property features: 5,454 SF of combined warehouse and office space; 16' clear height; Dedicated parking
