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Industrial Warehouse with Fenced Yard
For Sale
$1,000,000

3645 NW 49th St, Miami, FL 33142

Vacant small-bay warehouse with a fenced, secured yard, 13.3-foot clear height, and one street-level loading door.

Property Size3,250 SF
Lot Size0.25 Acres
Price / SF$307.69
Days on Market162

Property Features for 3645 NW 49th St

General Information

Standard status Active
Size 3,250 SF
Lot size 0.25 Acres
Property subtype Warehouse
Zoning IU-1

Site & Location

Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes
Utilities to Site Yes

Warehouse & Industrial

Clear Height 13.3 ft
Drive-In Doors 1
Heavy Power Yes

Amenities

Ideal Owner-User Opportunity (Delivered Vacant)
±5,500 SF Fenced & Secured Yard
13' Clear Height
1 Street-Level door
2 Electric Meters & 1 Water Meter
3-Phase Power (3-Phase 800 AMPS @ 240 Volts)

Building Details

Building Size 3,250 SF
Year Built 1969
Listing Agency: Miami Office
Listed By: Jonathan De La Rosa · License #FL: SL3283433
Source: Marcusmillichap
Added: May 14 Changed: Oct 21 Last Checked: Oct 20 at 5:10PM

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.

This vacant small-bay industrial warehouse includes approximately 3,250 rentable square feet within an 11,000-square-foot IU-1 zoned site. The property features a fenced and secured 11,000-square-foot lot with a 13.3-foot clear height and one street-level loading door. Power and utilities are designed for industrial operations, with robust 3-phase electrical service (800 amps at 240 volts) and additional utility infrastructure including two electric meters and one water meter.

The asset is positioned in East Hialeah with regional connectivity to Miami International Airport, the Port of Miami, and major expressways, supporting convenient access for distribution and operational needs.

Offered for sale as a turnkey, available facility, the property is delivered vacant and provides on-site outdoor storage in a compact industrial format.

Key Highlights

  • Vacant small‑bay industrial property with approx. 3,250 rentable SF delivered vacant
  • 11,000‑SF IU‑1 zoned site with a fenced and secured 11,000 SF lot/yard for outdoor storage
  • 13.3‑foot clear height plus one street‑level loading door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$53,019
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,060,380 $1.1M
Cap Rate 7%
$757,414 $757.4K
Cap Rate 9%
$589,100 $589.1K
Market Conditions
NOI Build-Up for 3,250 SF
Gross rent
$65.5K $20.16/SF
− Vacancy
−$3.1K −$0.97/SF
EGI
$62.4K $19.19/SF
− OpEx
−$9.4K −$2.88/SF
NOI
$53.0K $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%
$1,060,380
Cap Rate 7%
$757,414
Cap Rate 9%
$589,100

Alternative Uses

Best Use
Warehouse
$757.4K
$662.7K – $883.7K (±1% cap)
NOI $53,019 @ 7.0% cap · market cap 5.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.19M
$1.92M – $2.56M (±1% cap)
NOI $153,564 @ 7.0% cap · market cap 15.36%
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

Warehouses

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13 ft
Clear height
1
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,573
Businesses Nearby
Well-served
Demand for This Use

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

Vacancy Rate% for Industrial in Miami, FL

4.1% 2019
4.6% 2020
2.2% 2021
1.6% 2022
2.4% 2023
5.7% 2024
6.5% 2025

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Frequently Asked Questions

What type of property is this?
Warehouse - Vacant small-bay warehouse with a fenced, secured yard, 13.3-foot clear height, and one street-level loading door.
Where is this warehouse located?
The property is located at 3645 NW 49th St Miami, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Vacant small‑bay industrial property with approx. 3,250 rentable SF delivered vacant; 11,000‑SF IU‑1 zoned site with a fenced and secured 11,000 SF lot/yard for outdoor storage; 13.3‑foot clear height plus one street‑level loading door
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