Free-Standing Warehouse with
7480 NW 52nd St Miami, FL 33166
For Sale
$6,750,000
22,274 SF warehouse with office/showroom space in Airport West.
Property Size22,274 SF
Price / SF$303.04
Days on Market94
Property Features for 7480 NW 52nd St
General Information
- Standard status
- Active
- Size
- 22,274 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1978
Listing Agency:
RE/MAX Advance Realty II
(305) 775-1148
Listed By:
Issabella Silverstein · License #0626609
(305) 775-1148
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 26 at 4:39AM
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 RE/MAX Advance Realty II
Investment Insights
Based on property information with market context.
This free-standing warehouse building offers approximately 22,274 square feet, including about 3,500 square feet of first-floor office and showroom space, with additional space on the second floor. The warehouse features 18' clear height and minimal columns. Constructed with a twin-T roof, the property is zoned IU-2. Loading is facilitated by three positions, including one 12' x 14' grade-level door, a recessed truck well with a 20' x 14' door, and two dock-high positions equipped with dock levelers and electric openers. The building includes five restrooms and 18 parking spaces. The property has passed its 40-year recertification. It is located in Airport West on NW 52nd Street, situated between the Palmetto Expressway and Milam Dairy Road. The location has a walk score of 70, indicating it is very walkable, a bike score of 48, indicating it is somewhat bikeable, and a transit score of 40, indicating some transit options are available.
Key Highlights
- Free‑standing ±22,274 SF warehouse building in Airport West location.
- Efficient loading with three positions: one grade‑level door and a recessed truck well, plus two dock‑high positions with levelers.
- Approximately 3,500 SF of first‑floor office/showroom space plus additional second‑floor area.
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 | $449.0k | $20.16 |
| − Vacancy | −$21.6k | −$0.97 |
| EGI | $427.5k | $19.19 |
| − OpEx | −$64.1k | −$2.88 |
| NOI | $363.4k | $16.31 |
22,274 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Retail
$10.38M
$9.08M – $12.11M
NOI $726,704 @ 7.0% cap · market cap 10.77%
Second Best
Office B
$9.13M
$7.99M – $10.65M
NOI $638,985 @ 7.0% cap · market cap 9.47%
Theoretical Best
Specialty Retail
$15.04M
$13.16M – $17.54M
NOI $1,052,457 @ 7.0% cap · market cap 15.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Miami Style Apparel
Corporate Office
Aps Limited
Logistics Company
Elica CSS Inc
Logistics Company
Similar Off Market Nearby
- Miamilocker — 8200 NW 41st St, Doral, FL 33166
- Land and Sea Equipment Corporation — 8249 NW 36th St, Doral, FL 33166
- Igloo Exchange LLC — 6745 NW 36th St Suite 270, Miami, FL 33166
- Alpha Logistics, Inc — doral, fl 33166
- Extra Space Storage — 3951 NW 77th Ave, Doral, FL 33166, United States
FAQs
What type of property is this?
Warehouse - 22,274 SF warehouse with office/showroom space in Airport West.
Where is this warehouse located?
The property is located at 7480 NW 52nd St Miami, FL.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: Free‑standing ±22,274 SF warehouse building in Airport West location.; Efficient loading with **three positions**: one grade‑level door and a recessed truck well, plus two dock‑high positions with levelers.; Approximately **3,500 SF of first‑floor office/showroom space** plus additional second‑floor area.
