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

    8095 36Th Pl Miami, FL 33147

    • Distribution centers
    • 2,372 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-6874362
    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.

    Current Use by Public Records

    • Distribution centers

    Property Details for 8095 36Th Pl

    Year built
    1948
    Property size
    2,372 SF
    Property type
    Distribution centers

    Description

    This exceptional 11,206 sq ft lot in Miami, FL (33147), zoned IC-ID, presents a compelling redevelopment opportunity. The property includes a 2,372 sq ft warehouse built in 1948, currently classified as Class C, and a separate 1,892 sq ft single-family home. Priced at $825,000 ($71.39/sq ft), this offering boasts flexible use options for various industrial and commercial applications. The warehouse features an 8-foot ceiling height, but lacks loading docks or dock-high doors. Its strategic location in East Hialeah provides excellent connectivity and accessibility, making it ideal for investors, owner-users, or developers seeking to capitalize on a prime location with significant growth potential. The existing structures offer immediate income potential or a foundation for a larger-scale project. This versatile property is ready for your vision.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2572607
    Latitude
    25.8472107

    Comparable in this City

    • $7,400,000
      29,475 SF

      Miami Warehouse: Prime Location

      29,475 SF Warehouse, Opportunity Zone
      1240 74Th St, Miami, FL 33147
      View Details
    • $5,525,000

      Miami Warehouse: Prime Location

      13,080 SF Warehouse, Excellent Investment
      3380 69Th St, Miami, FL 33147
      View Details
    • Contact for pricing

      Warehouse Space Near Miami

      10,930 SF warehouse space with office near Miami.
      3022 NW 73Rd St, Miami, FL 33147
      View Details
    • Contact for pricing

      Warehouse Space Near Downtown Miami

      10,353 SF warehouse with office space near Downtown Miami.
      3042 NW 73Rd St, Miami, FL 33147
      View Details
    • $6,650,000
      26,304 SF

      Hialeah Warehouse with Secured Yard

      Industrial warehouse with secured yard in a prime Hialeah location.
      7640 NW 36Th Ave, Miami, FL 33147
      View Details
    • Contact for pricing
      76,227 SF

      Renovated Warehouse with Office Space

      Renovated warehouse with office, loading doors, and rail access.
      6501 NW 37Th Ave, Miami, FL 33147
      View Details

    Similar Nearby for Sale

    • $7,400,000
      29,475 SF

      Miami Warehouse: Prime Location

      29,475 SF Warehouse, Opportunity Zone
      1240 74Th St, Miami, FL 33147
      View Details
    • $5,525,000

      Miami Warehouse: Prime Location

      13,080 SF Warehouse, Excellent Investment
      3380 69Th St, Miami, FL 33147
      View Details
    • $6,650,000
      26,304 SF

      Hialeah Warehouse with Secured Yard

      Industrial warehouse with secured yard in a prime Hialeah location.
      7640 NW 36Th Ave, Miami, FL 33147
      View Details
    • Contact for pricing

      Warehouse Space Near Miami

      10,930 SF warehouse space with office near Miami.
      3022 NW 73Rd St, Miami, FL 33147
      View Details
    • Contact for pricing
      76,227 SF

      Renovated Warehouse with Office Space

      Renovated warehouse with office, loading doors, and rail access.
      6501 NW 37Th Ave, Miami, FL 33147
      View Details
    • Contact for pricing
      59,161 SF

      Miami Warehouse with Rail Access

      59,161 SF warehouse with convenient airport and thoroughfare access.
      6721 NW 36Th Ave, Miami, FL 33147
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      10,600 SF

      NW 71st St Warehouse For Lease

      10,600 SF Industrial Warehouse Available
      3303 71St St, Miami, FL 33147
      View Details
    • $14 SF/Yr
      20,250 SF

      Hialeah Warehouse: Prime Location

      Spacious warehouse, excellent parking, Miami.
      6700 37Th Ct, Miami, FL 33147
      View Details
    • $19 SF/Yr
      3,500 SF

      NW 79th St Warehouse Opportunity

      3,500 SF Single-Tenant Warehouse
      3751 79Th St, Miami, FL 33147
      View Details
    • $15 SF/Yr
      5,300 SF

      NW 71st St Warehouse Space Available

      5,300 SF Warehouse - Lease or Buy
      3303 71St St, Miami, FL 33147
      View Details
    • $13 SF/Yr
      15,475 SF

      Freestanding Warehouse for Sublease

      15,475 SF warehouse for sublease on Hialeah/Miami border.
      3675 NW 67Th St, Miami, FL 33147
      View Details
    • $13 SF/Yr

      Spacious Warehouse with Extensive Office

      Large warehouse with over 8000 SF of built-out office space.
      3775 Nw 77Th St, Miami, FL 33147
      View Details
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    8095 36Th Pl
    Miami, FL 33147
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    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
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