Dock-Loading Warehouse
New
For Sale
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8558 NW 61st Street, Miami, FL 33166
An air-conditioned office with a bathroom is incorporated into this industrial property.
Property Size3,420 SF
Price / SF$0.01
Days on Market7
Property Features for 8558 NW 61st Street
General Information
Standard status
Active
Size
3,420 SF
Property subtype
Industrial
Zoning
IU-3
Warehouse & Industrial
Clear Height
20 ft
Dock-High Doors
2
Additional Details
Property Use
Warehouse
Building Details
Year Built
1999
Listing Agency:
King Industrial Realty Inc.
Listed By:
L. Brian King · License #3028902
(305) 316-2167
Source:
Lehmannflorida
Added: Oct 26
Changed: Oct 31
Last Checked: Oct 30 at 3:32PM
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 King Industrial Realty Inc.
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Investment Insights
Based on property information with market context.
This 3,420-square-foot warehouse bay in Miami includes an air-conditioned office and a bathroom. Two dock-height loading doors serve the space, which has a 20-foot clear ceiling with twin-tee construction. The property is zoned IU-3 Industrial and was built in 1999.
Located at 8558 NW 61st Street, the warehouse offers a combination of loading access, office support space, and industrial zoning within one property.
Located at 8558 NW 61st Street, the warehouse offers a combination of loading access, office support space, and industrial zoning within one property.
Key Highlights
- 3,420 SF warehouse bay
- Two dock‑height loading doors
- 20’ clear ceiling height with twin‑tee construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,792
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,115,840
$1.1M
Cap Rate 7%
$797,029
$797.0K
Cap Rate 9%
$619,911
$619.9K
Market Conditions
NOI Build-Up for 3,420 SF
Gross rent
$68.9K $20.16/SF
− Vacancy
−$3.3K −$0.97/SF
EGI
$65.6K $19.19/SF
− OpEx
−$9.8K −$2.88/SF
NOI
$55.8K $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 Rate 5%
$1,115,840
Cap Rate 7%
$797,029
Cap Rate 9%
$619,911
Alternative Uses
Best Use
Warehouse
$797.0K
$697.4K – $929.9K
NOI $55,792 @ 7.0% cap · market cap 253,600.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.31M
$2.02M – $2.69M
NOI $161,597 @ 7.0% cap · market cap 734,531.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
20 ft
Clear height
2
Dock-high doors
Location Intelligence
Trade Area within ½ mile
4,039
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Miami, FL
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Frequently Asked Questions
What type of property is this?
Warehouse - An air-conditioned office with a bathroom is incorporated into this industrial property.
Where is this warehouse located?
The property is located at 8558 NW 61st Street Miami, FL.
What are key features of this property?
This property features: 3,420 SF warehouse bay; Two dock‑height loading doors; 20’ clear ceiling height with twin‑tee construction
