Warehouse with Electric Roll-Up
For Sale
$535,000
7750 NW 71st Street, Miami, FL 33166
COMMERCIAL - Miami, FL
Property Size1,600 SF
Price / SF$334.38
Days on Market205
Property Features for 7750 NW 71st Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
7600
Parking features
Guest, Assigned
Security features
Security System
Directions
826 Palmetto Expwy to NW 74ST / NW 79 St Exit, head West,then turn North on NW 77th Ct.
Subdivision
2300
Standard status
Active
APN
2230150080190
Taxes and HOA fees
Tax Year
2024
Tax Description
PALMETTO PLACE CONDO UNIT 119-A UNDIV 3.57% INT IN COMMON ELEMENTS OFF REC 9261-1074 OR 12934-730 0586 2
Tax Annual Amount
6764
Legal Description
PALMETTO PLACE CONDO UNIT 119-A UNDIV 3.57% INT IN COMMON ELEMENTS OFF REC 9261-1074 OR 12934-730 0586 2
Amenities
security camera system
Building Details
Year built
1974
Listing Agency:
Florida Realty of Miami Corp
(305) 598-5488
Listed By:
Iveth L Crespo · License #3142011
(305) 598-5488
Added: Jan 20
Changed: Aug 4
Last Checked: Aug 13 at 3:06PM
MLS# F10546604
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Industrial warehouse offering +/-1,600 SF, with an electric roll-up door, modern lighting, and a security camera system. The property includes a large office build-out with a bathroom, supporting a variety of industrial and commercial uses.
Located at 7750 NW 71st Street in Miami (Miami-Dade County), with direct access and excellent visibility directly off Palmetto Expressway (SR-826). Parking is provided with guest and assigned spaces.
Built in 1974 and described as move-in ready, the space is positioned for tenants seeking an operational facility with both warehouse and dedicated office functionality. Zoning is listed as 7600.
Located at 7750 NW 71st Street in Miami (Miami-Dade County), with direct access and excellent visibility directly off Palmetto Expressway (SR-826). Parking is provided with guest and assigned spaces.
Built in 1974 and described as move-in ready, the space is positioned for tenants seeking an operational facility with both warehouse and dedicated office functionality. Zoning is listed as 7600.
Key Highlights
- +/-1,600 SF industrial warehouse
- Electric roll‑up door
- Large office build‑out with bathroom
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
$45,900
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
8.58%
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%
$918,000
$918.0K
Cap Rate 7%
$655,714
$655.7K
Cap Rate 9%
$510,000
$510.0K
Market Conditions
NOI Build-Up for 1,600 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
$72.0K $45.00/SF
− Vacancy
−$10.8K −$6.75/SF
EGI
$61.2K $38.25/SF
− OpEx
−$15.3K −$9.56/SF
NOI
$45.9K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
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%
$918,000
Cap Rate 7%
$655,714
Cap Rate 9%
$510,000
Alternative Uses
Best Use
Office B
$655.7K
$573.8K – $765.0K
NOI $45,900 @ 7.0% cap · market cap 8.58%
Second Best
Warehouse
$372.9K
$326.3K – $435.0K
NOI $26,102 @ 7.0% cap · market cap 4.88%
Theoretical Best
Specialty Retail
$1.08M
$945.0K – $1.26M
NOI $75,601 @ 7.0% cap · market cap 14.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,705
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse with a large office build-out and bathroom, directly off Palmetto Expressway (SR-826).
Where is this warehouse located?
The property is located at 7750 NW 71st Street Miami, FL.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: +/-1,600 SF industrial warehouse; Electric roll‑up door; Large office build‑out with bathroom
