Four-Bay
For Sale
Contact for pricing
3566 NW 32nd St, Miami, FL 33142
Recently remodeled four-bay warehouse with month-to-month leases and a private fenced yard.
Property Size6,600 SF
Lot Size0.29 Acres
Price / SF$530.30
Days on Market16
Property Features for 3566 NW 32nd St
General Information
Standard status
Active
Size
6,600 SF
Lot size
0.29 Acres
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
16 ft
Warehouse Space
6,600 SF
Additional Details
Gross Income
$189,000
Building Details
Building Size
6,600 SF
Listing Agency:
Fausto Commercial Realty
(305) 794-1945
Listed By:
Ashleen Cruz · License #3555022
Source:
Moodyscre
Added: Jul 17
Changed: Jul 31
Last Checked: Aug 1 at 6:38AM
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 Fausto Commercial Realty
Investment Insights
Based on property information with market context.
Four-bay free-standing warehouse offered as an owner-user or for investment. The building contains 6,600 SF of recently remodeled space with 16 ft clearance height. Improvements include a brand new roof, remodeled bathrooms, interior paint, and a private fence.
The property sits on a 12,750 SF lot at 3566 NW 32nd St, Miami, FL 33142. It is currently leased on an MTM (month-to-month) basis.
With its warehouse clear height and updated building components, the space can support a variety of industrial type uses, while the MTM lease structure provides flexibility for an owner-user or investor.
The property sits on a 12,750 SF lot at 3566 NW 32nd St, Miami, FL 33142. It is currently leased on an MTM (month-to-month) basis.
With its warehouse clear height and updated building components, the space can support a variety of industrial type uses, while the MTM lease structure provides flexibility for an owner-user or investor.
Key Highlights
- 4‑bay free‑standing warehouse with 16 ft clearance height
- Recently remodeled interior across 6,600 SF
- Brand new roof, remodeled bathrooms, and fresh paint
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 | $133.1k | $20.16 |
| − Vacancy | −$6.4k | −$0.97 |
| EGI | $126.7k | $19.19 |
| − OpEx | −$19.0k | −$2.88 |
| NOI | $107.7k | $16.31 |
6,600 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.54M
$1.35M – $1.79M
NOI $107,669 @ 7.0% cap · market cap 3.08%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.46M
$3.90M – $5.20M
NOI $311,853 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,670
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Recently remodeled four-bay warehouse with month-to-month leases and a private fenced yard.
Where is this warehouse located?
The property is located at 3566 NW 32nd St Miami, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 4‑bay free‑standing warehouse with 16 ft clearance height; Recently remodeled interior across 6,600 SF; Brand new roof, remodeled bathrooms, and fresh paint
