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    11400 32Nd Ave Miami, FL 33167

    Sponsored
    For Lease
    $13 SF/Yr

    280,701 SF Warehouse, Prime Location

    Lot size:
    280,701 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 280,701-square-foot free-standing warehouse offers a single-tenant occupancy opportunity. The property boasts approximately 257,490 square feet of warehouse space and approximately 23,211 square feet of office space distributed across two floors. Built in 1972, this two-story building features a 24-foot clear height, ESFR sprinklers, and 30'W x 35'D column spacing. Loading is facilitated by 30 dock-high doors, four drive-in ramps, seven rail doors, and one drive-in/dock-high door. The property includes 206 parking spaces and benefits from a rail spur connection via CSX. Security is ensured with a fully fenced and gated perimeter. Heavy power is available, estimated at approximately 4,000 amps. Strategically located, the property offers easy access to Gratigny Expressway (SR 924) and I-95, placing it within 7 miles of Miami International Airport (MIA), 12 miles of the Port of Miami, 18 miles of Fort Lauderdale International Airport (FLL), and 20 miles of Port Everglades. This property presents a rare opportunity to acquire a substantial, well-equipped warehouse in a highly desirable South Florida location.

    Property Features for 11400 32Nd Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    280,701 SF
    Total Rate
    315788.63

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    280,701 SF
    Rate per SF
    $13

    HighLights

    • 280,701 SF single‑tenant industrial warehouse.
    • Features 257,490 SF of warehouse space and 23,211 SF of two‑story office space.
    • Building highlights include 24' clear height, ESFR sprinklers, 30' x 35' column spacing, and 206 parking spaces.
    • The property boasts 30 dock‑high doors, 4 drive‑in ramps, 7 rail doors, and 1 drive‑in/dock‑high door, plus approximately 4,000 amps of heavy power.
    • Strategically located with easy access to Gratigny Expressway (SR 924) and I‑95, and proximity to major transportation hubs including Miami International Airport (MIA), Port of Miami, Fort Lauderdale International Airport (FLL), and Port Everglades.
    Property Profile Location Intelligence

    Current Use by Public Records

    UFP Miami/UFP International Lumber Store PalletOne Inc Wholesaler UFP Packaging Wholesaler

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.253766271756
    Latitude
    25.878307059994

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    FAQs

    What type of property is this?
    Distribution property - 280,701 SF Warehouse, Prime Location
    Where is this distribution property located?
    The property is located at 11400 32Nd Ave Miami, FL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 280,701 SF single-tenant industrial warehouse.; Features 257,490 SF of warehouse space and 23,211 SF of two-story office space.; Building highlights include 24' clear height, ESFR sprinklers, 30' x 35' column spacing, and 206 parking spaces.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11400 32Nd Ave Miami, FL 33167
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