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Small-Bay Industrial Condo with Roll-Up Door
For Sale
$484,900

H-7215 Nw 41st St, Miami, FL 33127

Street-level roll-up door and 2 assigned parking spaces in a gated small-bay industrial condo, tenant occupied month-to-month.

Property Size1,320 SF
Price / SF$367.35
Days on Market37

Property Features for H-7215 Nw 41st St

General Information

Standard status Active
Size 1,320 SF
Total Parking Spaces 2

Additional Details

Highway Access Yes
Drive-In Doors 1
Listing Agency: Miami New Realty
Listed By: Ranghiv Acurero Almeida · License #3656654
Source: Exprealty
Added: Jun 26 Changed: Jul 31 Last Checked: Jul 31 at 7:26PM

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 Miami New Realty

Investment Insights

Based on property information with market context.

Unit H is a small-bay office-warehouse condo at Calero Warehouse. The space includes a 1,320 SF office-warehouse area with high ceilings, a street-level roll-up door, and 1 bathroom, along with 2 assigned parking spaces. The property is located within a gated complex.

Operational access is supported by quick connections to MIA and SR-826 and SR-836. The unit is currently tenant occupied on a month-to-month basis and is sold AS-IS. Appointment only, do not disturb occupant, and there is no lockbox.

This condo configuration suits an owner-user or investor seeking a smaller industrial footprint with office space and a roll-up door for light distribution-style needs.

Key Highlights

  • 1,320 SF office‑warehouse with high ceilings
  • Street‑level roll‑up door
  • 1 bathroom

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 $59.4k $45.00
− Vacancy −$8.9k −$6.75
EGI $50.5k $38.25
− OpEx −$12.6k −$9.56
NOI $37.9k $28.69
1,320 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$541.0K
$473.4K – $631.1K (±1% cap)
NOI $37,868 @ 7.0% cap · market cap 7.81%
Second Best
Warehouse
$307.6K
$269.2K – $358.9K (±1% cap)
NOI $21,534 @ 7.0% cap · market cap 4.44%
Theoretical Best
Specialty Retail
$891.0K
$779.6K – $1.04M (±1% cap)
NOI $62,371 @ 7.0% cap · market cap 12.86%
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 Buffet Butcher Mobile Phone Store Restaurant Clothing & Fashion 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

1
Drive-in doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,751
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33127, FL

27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
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.

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Frequently Asked Questions

What type of property is this?
Flex space - Street-level roll-up door and 2 assigned parking spaces in a gated small-bay industrial condo, tenant occupied month-to-month.
Where is this flex space located?
The property is located at H-7215 Nw 41st St Miami, FL.
What is the asking price?
The asking price for this property is $484,900.
What are key features of this property?
This property features: 1,320 SF office‑warehouse with high ceilings; Street‑level roll‑up door; 1 bathroom
More about this property
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