Miami Airport Warehouse
7162 NW 50 Street Miami, FL 33166
7162 NW 50 Street, Miami, FL, 33166
$960,000
For Sale
$960,000
Warehouse near Miami International Airport with office and mezzanine space.
Property Size3,550 SF
Price / SF$270.42
Days on Market132
Property Features for 7162 NW 50 Street
General Information
- Standard status
- Active
- Size
- 3,550 SF
- Property subtype
- Industrial
Listing Agency
Kaizen Realty Partners, LLC
(786) 597-0446
Listed by
Dante Aleman · License #0697870
(786) 597-0446
Source
Kaizenrealtypartners
Added: Mar 6 Checked: Jul 16 at 4:59 am
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 Kaizen Realty Partners, LLC
Investment Insights
Based on property information with market context.
This warehouse, situated on NW 72nd Avenue near Miami International Airport, presents an opportunity for industrial users. Located within the Milam Airport Center condominium, this property was constructed in 1984 and features 3,550 square feet, including approximately 500 square feet of office space and a 500 square foot load bearing mezzanine. The building utilizes CBS construction and a Twin Tee roof. The warehouse has a 21-foot clear height and one loading dock. It is zoned IU-2. The roof is 10 years old. The property includes assigned parking spaces. The monthly association fee is $397. The location is in Airport West, east of the Palmetto Expressway and NW 58th Street.
Key Highlights
- Prime Location: Situated on NW 72nd Avenue, adjacent to Miami International Airport, offering exceptional logistical advantages.
- +/- 3,550 SF warehouse with +/- 500 SF of office space and a +/- 500 SF load bearing mezzanine.
- Features one dock‑high loading, facilitating efficient loading and unloading of goods.
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 | $71.6k | $20.16 |
| − Vacancy | −$3.4k | −$0.97 |
| EGI | $68.1k | $19.19 |
| − OpEx | −$10.2k | −$2.88 |
| NOI | $57.9k | $16.31 |
3,550 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.45M
$1.27M – $1.70M
NOI $101,841 @ 7.0% cap · market cap 10.61%
Second Best
Warehouse
$827.3K
$723.9K – $965.2K
NOI $57,913 @ 7.0% cap · market cap 6.03%
Theoretical Best
Specialty Retail
$2.40M
$2.10M – $2.80M
NOI $167,739 @ 7.0% cap · market cap 17.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Health Care Export ...
Production Facility
Similar For Sale Nearby
Similar Off Market Nearby
- GoodFriend Self Storage Miami - Virginia Gardens — 6595 NW 36th St, Virginia Gardens, FL 33166
- Igloo Exchange LLC — 6745 NW 36th St Suite 270, Miami, FL 33166
- Alpha Logistics, Inc — doral, fl 33166
- American Consolidation and Logistics — 6755 NW 36th St Suite 150, Miami, FL 33166
- Extra Space Storage — 3951 NW 77th Ave, Doral, FL 33166, United States
FAQs
What type of property is this?
Warehouse - Warehouse near Miami International Airport with office and mezzanine space.
Where is this warehouse located?
The property is located at 7162 NW 50 Street Miami, FL.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: Prime Location: Situated on NW 72nd Avenue, adjacent to Miami International Airport, offering exceptional logistical advantages.; +/- 3,550 SF warehouse with +/- 500 SF of office space and a +/- 500 SF load bearing mezzanine.; Features one **dock‑high loading**, facilitating efficient loading and unloading of goods.
