Divisible Warehouse with Loading
3904-3906 Nw 32nd Ave Miami, FL 33142
For Sale
Contact for pricing
Warehouse offering 15' clear height, two grade-level loading doors, and a divisible open floor plan.
Property Size10,925 SF
Price / SF$242.56
Days on Market78
Property Features for 3904-3906 Nw 32nd Ave
General Information
- Standard status
- Active
- Size
- 10,925 SF
- Property subtype
- INDUSTRIAL
Listing Agency:
The Hype Real Estate Group
(305) 303-3837
Listed By:
Pablo Vignolo · License #A11941382
(305) 303-3837
Source:
Moodyscre
Added: May 11
Changed: Jul 25
Last Checked: Jul 26 at 1:09PM
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
Investment Insights
Based on property information with market context.
This warehouse totals 10,925 SF and is designed with an open, flexible floor plan that can be divided to support multiple configurations. The facility offers 15' clear height and includes two grade-level loading doors for practical loading and receiving.
The property is listed for sale and is located at 3904–3906 NW 32nd Ave in Miami, Florida.
With the combination of clear height, straightforward grade-level access, and a divisible layout, the building is well-suited for users seeking adaptable warehouse space within a single facility.
The property is listed for sale and is located at 3904–3906 NW 32nd Ave in Miami, Florida.
With the combination of clear height, straightforward grade-level access, and a divisible layout, the building is well-suited for users seeking adaptable warehouse space within a single facility.
Key Highlights
- 10,925 SF warehouse space
- 15' clear height
- (2) grade‑level loading doors
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 | $220.2k | $20.16 |
| − Vacancy | −$10.6k | −$0.97 |
| EGI | $209.7k | $19.19 |
| − OpEx | −$31.5k | −$2.88 |
| NOI | $178.2k | $16.31 |
10,925 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.55M
$2.23M – $2.97M
NOI $178,225 @ 7.0% cap · market cap 6.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.37M
$6.45M – $8.60M
NOI $516,211 @ 7.0% cap · market cap 19.48%
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 - Warehouse offering 15' clear height, two grade-level loading doors, and a divisible open floor plan.
Where is this warehouse located?
The property is located at 3904-3906 Nw 32nd Ave Miami, FL.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 10,925 SF warehouse space; 15' clear height; (2) grade‑level loading doors
