Divisible Warehouse with Loading
For Sale
Contact for pricing
3904-3906 Nw 32nd Ave, Miami, FL 33142
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 Market168
Property Features for 3904-3906 Nw 32nd Ave
General Information
Standard status
Active
Size
10,925 SF
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
Liberty City
Listing Agency:
The Hype Real Estate Group
(786) 503-5583
Listed By:
Pablo Vignolo · License #A12025588
(305) 303-3837
Source:
Moodyscre
Added: May 11
Changed: Oct 14
Last Checked: Oct 24 at 7:25PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$178,225
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,564,500
$3.6M
Cap Rate 7%
$2,546,071
$2.5M
Cap Rate 9%
$1,980,278
$2.0M
Market Conditions
NOI Build-Up for 10,925 SF
Gross rent
$220.2K $20.16/SF
− Vacancy
−$10.6K −$0.97/SF
EGI
$209.7K $19.19/SF
− OpEx
−$31.5K −$2.88/SF
NOI
$178.2K $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%
$3,564,500
Cap Rate 7%
$2,546,071
Cap Rate 9%
$1,980,278
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,505
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
Market
Vacancy Rate% for Industrial in Miami, FL
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Frequently Asked Questions
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
