Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3700 79th St Miami, FL 33147-4439

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3700 79th St Miami, FL 33147-4439

    View on Map
    • Manufacturing properties
    • 14,400 SF
    • 0.44 lot acres
    Off-Market
    Property ID
    US18-2799382
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,125,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Panel Creation Group / Production Facility
    • Gomas R Us / Auto Repair Shop
    • New Life Tires / Auto Repair Shop

    Property Details for 3700 79th St

    Year built
    1956
    Construction
    CONCRETE
    Lot size
    0.44 lot acres
    Property size
    14,400 SF
    Zone code
    7100:INDUSTRIAL,LIGHT MFG
    Property type
    Manufacturing properties
    APN
    04-3108-005-0060
    APU
    431080050060

    Description

    This exceptional 15,000-square-foot warehouse, situated on a 19,000-square-foot lot at 3700 NW 79th St, Miami, FL 33147, presents a unique investment opportunity. The property boasts a highly desirable corner location at the intersection of NW 79th Street and NW 37th Avenue, offering unparalleled visibility and accessibility. With a zoning classification of 7100, the building features a single tenant occupancy and is currently fully leased. The warehouse comprises four interconnectable spaces, each equipped with high ceilings (20 feet), overhead doors, bathrooms, and a small office area. This versatile space is ideal for a variety of businesses that can benefit from its high-traffic location. The property enjoys exceptional daily traffic counts of 31,500 vehicles, ensuring significant exposure. Conveniently located near the Metro-Rail and Tri-Rail transfer station, the property offers easy access to public transportation. While not suitable for automotive repair centers, this warehouse is perfectly suited for wholesale or light manufacturing businesses. The APN is 04-31-08-005-0060.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,225,000
      6.5%
      $2,975,000
      7%
      $2,765,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2584
    Latitude
    25.8452
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,895
    $1,440,000
    $359,590
    $1,799,590
    -
    $1,440,000
    $359,590
    $1,799,590

    Comparable in this City

    • Value Estimation
      $1,015,000
      5,920 SF

      2451 77th Ter

      MANUFACTURING (LIGHT) • 5,920 SF
      2451 77th Ter, Miami, FL 33147-5560
      View Details
    • Value Estimation
      $3,385,000
      80,000 SF

      7100 37th Ave

      FOOD PACKING, PACKING PLANT • 80,000 SF
      7100 37th Ave, Miami, FL 33147-6528
      View Details
    • Value Estimation
      $3,015,000
      22,225 SF

      6780 37th Ct

      MANUFACTURING (LIGHT) • 22,225 SF
      6780 37th Ct, Miami, FL 33147-6537
      View Details
    • Value Estimation
      $1,630,000
      11,025 SF

      6831 37th Ct

      MANUFACTURING (LIGHT) • 11,025 SF
      6831 37th Ct, Miami, FL 33147-6534
      View Details
    • Value Estimation
      $8,730,000
      70,392 SF

      7375 35th Ave

      MANUFACTURING (LIGHT) • 70,392 SF
      7375 35th Ave, Miami, FL 33147-5807
      View Details
    • Value Estimation
      $7,140,000
      57,084 SF

      3301 73rd St

      MANUFACTURING (LIGHT) • 57,084 SF
      3301 73rd St, Miami, FL 33147-5821
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Corner Warehouse Unit in Miami

      2,200 SF warehouse unit with office and drive-in bay.
      7335 NW 32Nd Ave, Miami, FL 33147
      View Details
    • Contact for pricing
      12,906 SF

      Warehouse with Established Food Business

      12,906 SF warehouse with freezers and established food business.
      6894 Nw 32Nd Ave, Miami, FL 33147
      View Details
    • $9,000,000

      West Little River Warehouse Opportunity

      30,000 SF warehouse on 65,000 SF lot for sale.
      1240 NW 74Th St, Miami, FL 33147
      View Details
    • $9,000,000
      29,475 SF

      West Little River Warehouse Opportunity

      30,000 SF warehouse in up-and-coming Little River neighborhood.
      1240 NW 74Th St, Miami, FL 33147
      View Details
    • $11,120,000

      Airport East Industrial Center Portfolio

      Income-producing industrial portfolio in the heart of Miami-Dade County.
      7455 Northwest 32Nd Ave, Miami, FL 33147
      View Details
    • Contact for pricing
      28,598 SF

      Freestanding Warehouse with Renovated Office

      28,598 SF warehouse with renovated office space on 1.11 AC.
      7401 NW 32Nd Ave, Miami, FL 33147
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,118 SF

      Miami Warehouse Space Available

      Warehouse space available for lease in Miami, Florida.
      6831 NW 37Th Ave, Miami, FL 33147
      View Details
    • $13 SF/Yr

      Warehouse in Airport East

      14,356 SF warehouse in Miami's Airport East Industrial corridor.
      7070 NW 35Th Ave, Miami, FL 33147
      View Details
    • Contact for pricing
      59,161 SF

      Warehouse with Air-Conditioned Office

      Warehouse with air-conditioned office space and convenient airport access.
      6721 Northwest 36Th Ave, Miami, FL 33147
      View Details
    • Contact for pricing
      49,290 SF

      Industrial Space Available For Rent

      49,290 SF industrial space with office and parking.
      6955 NW 36Th Ave, Miami, FL 33147
      View Details
    • Contact for pricing

      Miami Warehouse Space Available

      Warehouse space for rent in Miami, Florida.
      6865 NW 36Th Ave, Miami, FL 33147
      View Details
    • $16 SF/Yr

      NW 31st Ave Warehouse Space

      Warehouse space with multiple lease options available in Miami.
      7420 NW 31St Ave, Miami, FL 33147
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3700 79th St
    Miami, FL 33147-4439
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!