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    Free Standing Warehouse Building Title is generated by Realmo AI

    5575 NW 36th Ave, Miami, FL

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    18,224 SF warehouse with excellent access to major roads.

    Type:INDUSTRIAL
    Property size:
    18,224 SF
    Lot size:
    0.51 Acres
    Price / SF:
    $308/SF
    Added:
    Sep 5, 2023
    Days on Market:
    1029
    Last Refresh:
    May 19 at 9:04 pm

    Property Features for 5575 NW 36th Ave

    General Information

    Standard status
    Active
    Size
    18,224 SF
    Lot size
    0.51 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 5575 NW 36th Ave Contact us

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    Carlos Gaviria

    Listing office Transwestern | Miami

    Listing date Sep 5, 2023

    Source Moodyscre

    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 Transwestern | Miami

    HighLights

    • Excellent access to State Roads #836 and #112, Interstate I‑95, and State Road #27.
    • Free standing building
    • +/- 18,224 SF Total
    • Features +/- 18' clear ceiling height.
    • Includes 1 dock and 1 ramp.
    • Available immediately.

    Overview

    This free-standing building offers approximately 18,224 square feet of total space, including approximately 2,500 square feet of office space. The warehouse features an approximate 18-foot clear ceiling height and 32' x 24.5' column spacing. Loading is facilitated by 1 dock and 1 ramp. The property provides excellent access to State Roads #836 and #112, Interstate I-95, and State Road #27. It is available immediately.

    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 $367.4k $20.16
    − Vacancy −$17.6k −$0.97
    EGI $349.8k $19.19
    − OpEx −$52.5k −$2.88
    NOI $297.3k $16.31
    18,224 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $4.25M
    $3.72M – $4.95M (±1% cap)
    NOI $297,297 @ 7.0% cap · market cap 5.28%
    Second Best
    Industrial
    $3.50M
    $3.06M – $4.08M (±1% cap)
    NOI $244,833 @ 7.0% cap · market cap 4.35%
    Theoretical Best
    Specialty Retail
    $12.30M
    $10.76M – $14.35M (±1% cap)
    NOI $861,092 @ 7.0% cap · market cap 15.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Max Beauty (Bike/Boat/Book/etc) Store Rebuilt Car Rental Facility

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

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    • Self Storage Near 33142, FL — 3621 NW 54th St, Miami, FL 33142
    • Hialeah Multi-Bay Warehouse Park — SE 10th Ave, Hialeah, FL 33010
    • Prime Storage — 1000 Hialeah Dr, Hialeah, FL 33010
    • GRM Information Management — 4495 NW 37th Ave, Miami, FL 33142

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2551
    Latitude
    25.8258

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    FAQs

    What type of property is this?
    Warehouse - 18,224 SF warehouse with excellent access to major roads.
    Where is this warehouse located?
    The property is located at 5575 NW 36th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $5,630,000.
    What are key features of this property?
    This property features: Excellent access to State Roads #836 and #112, Interstate I‑95, and State Road #27.; Free standing building; +/- 18,224 SF Total
    (305) 808-7310 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Carlos Gaviria
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