Multi-Tenant Warehouse with Grade-Level
For Sale
Contact for pricing
3580-3596 NW 52nd St, Miami, FL 33142
Multi-bay industrial property with dedicated office areas, paved parking, upgraded electrical systems, and recent building improvements.
Property Size50,000 SF
Lot Size1.58 Acres
Price / SF$255.52
Days on Market439
Property Features for 3580-3596 NW 52nd St
General Information
Standard status
Active
Size
50,000 SF
Lot size
1.58 Acres
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
16 ft
Warehouse Space
50,000 SF
Three-Phase Power
Yes
Building Details
Buildings
1
Building Size
50,000 SF
Tenancy
Multi
Listing Agency:
SVN - Commercial Realty | Miami
(954) 448-8531
Listed By:
Joel A. Kattan, SIOR · License #3245917
Source:
Moodyscre
Added: Jun 19, 2025
Changed: Aug 30
Last Checked: Aug 30 at 5:08PM
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 SVN - Commercial Realty | Miami
Investment Insights
Based on property information with market context.
This 50,485-square-foot warehouse property occupies approximately 1.58 acres and is configured for multiple tenants across separate bays. Each bay includes office space, a grade-level loading door, 3-phase electric service, and 16-foot clear ceiling height, with paved parking positioned in front of the bays.
Recent work includes replacement electrical systems throughout every bay, drainage improvements, exterior painting, new signage, LED lighting in most bays, and a newer roof. As-built plans are available for each bay, and the property has completed 40- and 50-year recertification.
Recent work includes replacement electrical systems throughout every bay, drainage improvements, exterior painting, new signage, LED lighting in most bays, and a newer roof. As-built plans are available for each bay, and the property has completed 40- and 50-year recertification.
Key Highlights
- 50,485 SF multi‑tenant warehouse property on approximately 1.58 acres
- Each bay includes office space and a grade‑level loading door
- 3‑phase electric service and 16' clear ceiling height in every bay
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$823,586
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$16,471,720
$16.5M
Cap Rate 7%
$11,765,514
$11.8M
Cap Rate 9%
$9,150,956
$9.2M
Market Conditions
NOI Build-Up for 50,485 SF
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.
Gross rent
$1.02M $20.16/SF
− Vacancy
−$48.9K −$0.97/SF
EGI
$968.9K $19.19/SF
− OpEx
−$145.3K −$2.88/SF
NOI
$823.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$16,471,720
Cap Rate 7%
$11,765,514
Cap Rate 9%
$9,150,956
Alternative Uses
Best Use
Warehouse
$11.77M
$10.29M – $13.73M
NOI $823,586 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$34.08M
$29.82M – $39.76M
NOI $2,385,439 @ 7.0% cap · market cap 18.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16 ft
Clear height
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,406
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
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 - Multi-bay industrial property with dedicated office areas, paved parking, upgraded electrical systems, and recent building improvements.
Where is this warehouse located?
The property is located at 3580-3596 NW 52nd St Miami, FL.
What is the asking price?
The asking price for this property is $12,900,000.
What are key features of this property?
This property features: 50,485 SF multi‑tenant warehouse property on approximately 1.58 acres; Each bay includes office space and a grade‑level loading door; 3‑phase electric service and 16' clear ceiling height in every bay
