Freestanding Warehouse with
For Sale
Contact for pricing
5575 NW 36th Ave, Miami, FL 33142
Industrial facility offers immediate availability, dock and ramp loading, and access to multiple state roads and I-95.
Property Size18,224 SF
Price / SF$308.93
Days on Market1097
Property Features for 5575 NW 36th Ave
General Information
Standard status
Active
Size
18,224 SF
Property subtype
INDUSTRIAL
Listing Agency:
Transwestern | Miami
(305) 808-7310
Listed By:
Carlos Gaviria
(305) 808-7313
Source:
Moodyscre
Added: Sep 5, 2023
Changed: Aug 30
Last Checked: Sep 4 at 4:07AM
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
Investment Insights
Based on property information with market context.
This freestanding warehouse contains approximately 18,224 square feet, including approximately 2,500 square feet of office space. The building provides approximately 18 feet of clear ceiling height, 32-foot by 24.5-foot column spacing, one dock, and one ramp. Immediate availability supports near-term occupancy planning.
Located at 5575 NW 36th Ave in Miami, the property offers access to State Roads 836, 112, and 27, along with Interstate I-95. Its warehouse configuration combines substantial industrial space with dedicated office area and multiple loading options.
Located at 5575 NW 36th Ave in Miami, the property offers access to State Roads 836, 112, and 27, along with Interstate I-95. Its warehouse configuration combines substantial industrial space with dedicated office area and multiple loading options.
Key Highlights
- Approximately 18,224 SF total building area
- Approximately 2,500 SF of office space
- Approximately 18' clear ceiling height
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$297,297
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,945,940
$5.9M
Cap Rate 7%
$4,247,100
$4.2M
Cap Rate 9%
$3,303,300
$3.3M
Market Conditions
NOI Build-Up for 18,224 SF
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.
Gross rent
$367.4K $20.16/SF
− Vacancy
−$17.6K −$0.97/SF
EGI
$349.8K $19.19/SF
− OpEx
−$52.5K −$2.88/SF
NOI
$297.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,945,940
Cap Rate 7%
$4,247,100
Cap Rate 9%
$3,303,300
Alternative Uses
Best Use
Warehouse
$4.25M
$3.72M – $4.95M
NOI $297,297 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$12.30M
$10.76M – $14.35M
NOI $861,092 @ 7.0% cap · market cap 15.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,489
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- GRM Information Management — 4495 NW 37th Ave, Miami, FL 33142
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- Prime Storage — 1000 Hialeah Dr, Hialeah, FL 33010
- Self Storage Near 33142, FL — 3621 NW 54th St, Miami, FL 33142
- Self Storage — 3621 nw 54th st, miami, fl 33142
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial facility offers immediate availability, dock and ramp loading, and access to multiple state roads and I-95.
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: Approximately 18,224 SF total building area; Approximately 2,500 SF of office space; Approximately 18' clear ceiling height
