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Warehouse with Office Space
For Sale
$780,000

7344-7344 Nw 56th St, Miami, FL 33166

Warehouse area with dedicated offices, 18'-22' clear height, 3-phase power, and parking for staff and visitors.

Property Size2,400 SF
Price / SF$325
Days on Market59

Property Features for 7344-7344 Nw 56th St

General Information

Standard status Active
Size 2,400 SF
Total Parking Spaces 1

Warehouse & Industrial

Clear Height 22 ft
Heavy Power Yes

Additional Details

Highway Access Yes
Listing Agency: Bari Realty Group
Listed By: Simon B Cruz · License #3243557
Source: Exprealty
Added: Jun 9 Changed: Jul 10 Last Checked: Jul 31 at 1:02PM

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 Bari Realty Group

Investment Insights

Based on property information with market context.

This property offers a combined warehouse and office layout, totaling approximately 2,200+/- square feet of warehouse area plus approximately 200+/- square feet of offices. The space includes one bathroom, 3-phase power, and a clear ceiling height range of about 18' to 22'. Parking is set up with one assigned space and additional visitor parking available on-site.

Located in Miami with convenient access to Doral, the Palmetto Expressway (SR-826), and Miami International Airport. The site benefits from practical regional connectivity for business operations that serve the greater Miami area.

For buyers looking for a flex-style industrial setup, the warehouse provides the working area while the included office space supports administrative needs on-site. The combination of office functionality, 3-phase power, and meaningful clear height can help accommodate a range of light industrial and logistics users, with parking arrangements designed to support both employees and visitors.

Key Highlights

  • 2200+/- SF warehouse area plus 200+/- SF dedicated office area
  • 18'-22' clear ceiling height in the warehouse
  • 3‑phase power

Financial Insights For Office B

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 $108.0k $45.00
− Vacancy −$16.2k −$6.75
EGI $91.8k $38.25
− OpEx −$23.0k −$9.56
NOI $68.9k $28.69
2,400 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$983.6K
$860.6K – $1.15M (±1% cap)
NOI $68,850 @ 7.0% cap · market cap 8.83%
Second Best
Warehouse
$559.3K
$489.4K – $652.5K (±1% cap)
NOI $39,152 @ 7.0% cap · market cap 5.02%
Theoretical Best
Specialty Retail
$1.62M
$1.42M – $1.89M (±1% cap)
NOI $113,401 @ 7.0% cap · market cap 14.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Tanning Salon Pet Grooming Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22 ft
Clear height
Yes
Heavy power
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,328
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33166, FL

26,106
Population
10,838
Households
2.4
Avg Household Size
41
Median Age
42%
College-Educated
83%
High-School Grad
7.9 sq mi
ZIP Area
3,305
Density / Sq Mi
$78,166
Median Household Income
$39,744
Median Earnings
$1,766
Median Rent
$489,200
Median Home Value

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Flying Food Group Florida 33166

Frequently Asked Questions

What type of property is this?
Flex space - Warehouse area with dedicated offices, 18'-22' clear height, 3-phase power, and parking for staff and visitors.
Where is this flex space located?
The property is located at 7344-7344 Nw 56th St Miami, FL.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: 2200+/- SF warehouse area plus 200+/- SF dedicated office area; 18'-22' clear ceiling height in the warehouse; 3‑phase power
More about this property
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