Four-Bay
3566 NW 32nd St, Miami, FL 33142
For Sale
Contact for pricing
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 Market119
Property Features for 3566 NW 32nd St
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Warehouse & Industrial
Clear Height
Warehouse Space
Additional Details
Gross Income
Building Details
Building Size
Listing Agency:
Fausto Commercial Realty
(305) 961-1179
Listed By:
Ashleen Cruz · License FL #3555022
(305) 794-1945
Source:
Moodyscre
Added: Jul 17
Changed: Nov 9
Last Checked: Nov 12 at 10:54AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$107,669
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,153,380
$2.2M
Cap Rate 7%
$1,538,129
$1.5M
Cap Rate 9%
$1,196,322
$1.2M
Market Conditions
NOI Build-Up for 6,600 SF
Gross rent
$133.1K $20.16/SF
− Vacancy
−$6.4K −$0.97/SF
EGI
$126.7K $19.19/SF
− OpEx
−$19.0K −$2.88/SF
NOI
$107.7K $16.31/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,153,380
Cap Rate 7%
$1,538,129
Cap Rate 9%
$1,196,322
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open 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
$298,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Miami, FL
Properties on Market for Warehouses in Miami
Vacancy Rate% for Industrial in Miami, FL
Similar Off Market Nearby
- CHAMONIX RV, BOAT & JETSKI STORAGE — 3480 NW 21st St, Miami, FL 33142
- CubeSmart Self Storage — 2545 NW 20th St, Miami, FL 33142
- USA Parking and Storage — 2147 NW 32nd Ave, Miami, FL 33142
- Movers of Miami — 3201 NW 24th Street Rd #204, Miami, FL 33142
- MOA Marine Center — 2100 NW 25th Ave, Miami, FL 33142
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
