Air-Conditioned Small-Bay
3630 NW 50TH ST Miami, FL 33142
3630 NW 50TH ST, Miami, FL, 33142
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For Sale
Contact for pricing
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$275
Days on Market92
Property Features for 3630 NW 50TH ST
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.13 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1953
Listing agency
Marcus & Millichap
(786) 522-7078
Listed by
Jonathan De La Rosa · License #SL3639184
Source
Crexi
Added: Apr 22 Updated: Jul 21 at 9:28PM Checked: Jul 21 at 9:28PM
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 Marcus & Millichap
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
Local 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 | $60.5k | $20.16 |
| − Vacancy | −$2.9k | −$0.97 |
| EGI | $57.6k | $19.19 |
| − OpEx | −$8.6k | −$2.88 |
| NOI | $48.9k | $16.31 |
3,000 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$699.1K
$611.8K – $815.7K
NOI $48,940 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.03M
$1.77M – $2.36M
NOI $141,751 @ 7.0% cap · market cap 17.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
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 $825,000.
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
