Air-Conditioned Small-Bay
For Sale
$799,999
3630 NW 50th St, Miami, FL 33142
Fully air-conditioned warehouse with 12-foot clear height and one dock-high loading door on a small industrial lot.
Property Size3,000 SF
Lot Size0.13 Acres
Price / SF$266.67
Days on Market168
Property Features for 3630 NW 50th St
General Information
Standard status
Active
Size
3,000 SF
Lot size
0.13 Acres
Property subtype
Single-Tenant Industrial
Zoning
IU-1
Occupancy
100%
Warehouse & Industrial
Clear Height
12 ft
Dock-High Doors
1
Heavy Power
Yes
Amenities
Ideal Owner-User Opportunity (Under 1 year remaining on lease term)
Fully Air Conditioned
12' Clear height
1 Dock high door
3-phase Power (200 amps @ 240 volts)
1 Electric Meter & 1 Water Meter
Building Details
Building Size
3,000 SF
Year Built
1953
Tenancy
Single
Listing Agency:
Miami Office
(786) 522-7000
Listed By:
Jonathan De La Rosa · License #FL: SL3283433
(786) 522-7027
Source:
Marcusmillichap
Added: May 8
Changed: Oct 21
Last Checked: Oct 20 at 5:03PM
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 Miami Office
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Investment Insights
Based on property information with market context.
3630 NW 50th Street is a fully air-conditioned small-bay warehouse offering 12-foot clear height and one dock-high loading door. The property includes 3-phase power rated at 200 amps at 240 volts, and it received a 2024 building recertification.
The warehouse sits on a 15,500 SF lot and is zoned IU-1. The current tenant occupies the full space, with a limited lease term remaining.
This is a functional industrial facility positioned for owner-users and investors seeking near-term flexibility, with proximity to both Miami International Airport and Port of Miami noted in the materials provided.
The warehouse sits on a 15,500 SF lot and is zoned IU-1. The current tenant occupies the full space, with a limited lease term remaining.
This is a functional industrial facility positioned for owner-users and investors seeking near-term flexibility, with proximity to both Miami International Airport and Port of Miami noted in the materials provided.
Key Highlights
- 3,000 SF fully air‑conditioned warehouse on a 5,500 SF lot
- 12‑foot clear height with one dock‑high loading door
- 3‑phase power: 200 amps at 240 volts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,940
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$978,800
$978.8K
Cap Rate 7%
$699,143
$699.1K
Cap Rate 9%
$543,778
$543.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$60.5K $20.16/SF
− Vacancy
−$2.9K −$0.97/SF
EGI
$57.6K $19.19/SF
− OpEx
−$8.6K −$2.88/SF
NOI
$48.9K $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%
$978,800
Cap Rate 7%
$699,143
Cap Rate 9%
$543,778
Alternative Uses
Best Use
Warehouse
$699.1K
$611.8K – $815.7K
NOI $48,940 @ 7.0% cap · market cap 6.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.03M
$1.77M – $2.36M
NOI $141,751 @ 7.0% cap · market cap 17.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
12 ft
Clear height
1
Dock-high doors
100%
Occupancy
Single-tenant
Tenancy
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
1,573
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Miami, FL
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Frequently Asked Questions
What type of property is this?
Warehouse - Fully air-conditioned warehouse with 12-foot clear height and one dock-high loading door on a small industrial lot.
Where is this warehouse located?
The property is located at 3630 NW 50th St Miami, FL.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: 3,000 SF fully air‑conditioned warehouse on a 5,500 SF lot; 12‑foot clear height with one dock‑high loading door; 3‑phase power: 200 amps at 240 volts
