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Refrigerated Cold Storage Unit
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3728-4201 Nw 37th Ct, Miami, FL 33142

Insulated industrial space includes office area, private yard, and oversized grade-level access.

Property Size7,000 SF
Price / SF$2.06
Days on Market675

Property Features for 3728-4201 Nw 37th Ct

General Information

Standard status Active
Size 7,000 SF
Net Rentable 7,000 SF

Space & Availability

Available Space 7,000 SF
Contiguous Space 7,000 SF
Space Use Cold Storage

Warehouse & Industrial

Clear Height 18 ft
Cold Storage Yes
Refrigeration decentralized system

Taxes and HOA fees

Annual Taxes $148,549

Amenities

multiple oversized grade-level doors
18' clear ceilings
fully insulated space
small private yard
office space
Listing Agency: The Hype Real Estate Group Corp
Listed By: Raul A Pino · License #3423287
Source: Exprealty
Added: Dec 16, 2024 Changed: Oct 1 Last Checked: Oct 20 at 11:11PM

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 The Hype Real Estate Group Corp

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Investment Insights

Based on property information with market context.

This 7,000-square-foot refrigerated and cold storage unit includes dedicated office space, a small private yard, and multiple oversized grade-level doors. The fully insulated interior provides 18-foot clear ceilings and a decentralized system suited to cold-storage operations.

Located at 3728-4201 NW 37th Ct in Miami, the property is minutes from Miami International Airport and major expressways. The combination of refrigerated space, office support, yard area, and direct loading access creates a practical industrial configuration for users requiring temperature-controlled capacity.

Key Highlights

  • 7,000‑square‑foot refrigerated and cold storage unit
  • 18‑foot clear ceilings within a fully insulated space
  • Multiple oversized grade‑level doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$94,042
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,880,840 $1.9M
Cap Rate 7%
$1,343,457 $1.3M
Cap Rate 9%
$1,044,911 $1.0M
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$141.1K $20.16/SF
− Vacancy
−$6.8K −$0.97/SF
EGI
$134.3K $19.19/SF
− OpEx
−$40.3K −$5.76/SF
NOI
$94.0K $13.43/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,880,840
Cap Rate 7%
$1,343,457
Cap Rate 9%
$1,044,911

Alternative Uses

Best Use
Warehouse
$1.63M
$1.43M – $1.90M (±1% cap)
NOI $114,194 @ 7.0% cap · market cap 790.65%
Second Best
Flex RnD
$1.47M
$1.28M – $1.71M (±1% cap)
NOI $102,648 @ 7.0% cap · market cap 710.71%
Theoretical Best
Specialty Retail
$4.73M
$4.13M – $5.51M (±1% cap)
NOI $330,753 @ 7.0% cap · market cap 2,290.06%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Refrigerated & Cold Storage

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Pharmacy Hair Salon Skin Care Clinic

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

18 ft
Clear height

Location Intelligence

Trade Area within ½ mile

1,461
Businesses Nearby

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

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

Frequently Asked Questions

What type of property is this?
Refrigerated & cold storage - Insulated industrial space includes office area, private yard, and oversized grade-level access.
Where is this refrigerated & cold storage located?
The property is located at 3728-4201 Nw 37th Ct Miami, FL.
What are key features of this property?
This property features: 7,000‑square‑foot refrigerated and cold storage unit; 18‑foot clear ceilings within a fully insulated space; Multiple oversized grade‑level doors
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