Adaptable Industrial Spaces For
3510 NW 60th St, Miami, FL 33142
For Sale
Contact for pricing
Gated industrial property with flexible spaces and modernized offices.
Property Size55,569 SF
Lot Size1.82 Acres
Price / SF$0.00
Days on Market248
Property Features for 3510 NW 60th St
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
THE HYPE REAL ESTATE GROUP CORP
Listed By:
Pablo Vignolo · License FL A12025588
(305) 303-3837
Source:
Elliman
Added: Mar 10
Changed: Aug 26
Last Checked: Aug 14 at 6:03AM
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 gated industrial property offers flexible spaces ranging from 8,500 to 55,000 square feet, designed to accommodate a wide range of industrial needs. Units can be leased individually or combined to suit business requirements. The property features 12 drive-in doors, 6 dock-high doors, and 2 ramps for efficient loading and unloading. It also includes modernized office spaces and ample on-site parking. This secure and versatile facility is suitable for businesses seeking adaptable industrial solutions.
Key Highlights
- Flexible spaces: 8,500 to 55,000 SqFt, leasable individually or combined.
- Gated property providing a secure environment.
- 12 drive‑in doors and 6 dock‑high doors** for efficient loading/unloading.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$738,904
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,778,080
$14.8M
Cap Rate 7%
$10,555,771
$10.6M
Cap Rate 9%
$8,210,044
$8.2M
Market Conditions
NOI Build-Up for 55,000 SF
Gross rent
$1.11M $20.16/SF
− Vacancy
−$53.2K −$0.97/SF
EGI
$1.06M $19.19/SF
− OpEx
−$316.7K −$5.76/SF
NOI
$738.9K $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%
$14,778,080
Cap Rate 7%
$10,555,771
Cap Rate 9%
$8,210,044
Alternative Uses
Best Use
Flex RnD
$11.52M
$10.08M – $13.44M
NOI $806,520 @ 7.0% cap
Second Best
Industrial
$10.56M
$9.24M – $12.32M
NOI $738,904 @ 7.0% cap
Theoretical Best
Specialty Retail
$37.13M
$32.48M – $43.31M
NOI $2,598,775 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,523
Businesses Nearby
Under-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
$298,000
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Miami, FL
Properties on Market for Flex space in Miami
Vacancy Rate% for Industrial in Miami, FL
Similar Off Market Nearby
- 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 - Gated industrial property with flexible spaces and modernized offices.
Where is this flex space located?
The property is located at 3510 NW 60th St Miami, FL.
What are key features of this property?
This property features: Flexible spaces: **8,500 to 55,000 SqFt**, leasable individually or combined.; Gated property providing a secure environment.; 12 drive‑in doors and 6 dock‑high doors** for efficient loading/unloading.
