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    Keller Williams Realty Premier Properties

    11420 N. Kendall Drive, Suite 207, Miami, FL 33176
    (786) 433-2945
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    Size: 10+ agents

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    • Land
    • Commercial Lease
    • Commercial Sale

    Listings

    For Sale (12)

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    Opa-Locka Development Opportunity
    $3,200,000
    0.67 Acres

    Opa-Locka Development Opportunity

    Investment opportunity in Opa-Locka with site plan approvals.

    Opa Locka, FL 33054
    View details
    Development Land in Bradenton, Florida
    $159,000
    0.21 Acres

    Development Land in Bradenton, Florida

    Two adjacent parcels with development potential in a growing area.

    720 25Th Ave W, Bradenton, FL 34205
    View details
    Doral Flex Space with Offices
    $4,650,000
    11,530 SF

    Doral Flex Space with Offices

    11,530 SF flex space with office and warehouse.

    10405 NW 37Th Ter, Doral, FL 33178
    View details
    Redlands Acreage: Build Your Dream
    $350,000
    1.46 Acres

    Redlands Acreage: Build Your Dream

    1.46 acres in Redlands, build your dream home.

    18800 SW 197Th Ave, Miami, FL 33187
    View details
    Remodeled Restaurant Space in Miami
    $275,000
    1,280 SF

    Remodeled Restaurant Space in Miami

    Turn-key restaurant opportunity with indoor and outdoor seating.

    Downtown Miami, Miami, FL 33132
    View details
    Turnkey Restaurant Business Opportunity
    $425,000

    Turnkey Restaurant Business Opportunity

    Profitable restaurant business for sale in Pembroke Pines, Florida.

    Pembroke Pines, FL 33024
    View details
    Coral Gables Professional Office Building
    $7,900,000
    9,700 SF

    Coral Gables Professional Office Building

    Renovated office building near Merrick Park with parking.

    4070 Laguna St, Coral Gables, FL 33146
    View details
    Miami Development Opportunity
    $663,000
    0.25 Acres

    Miami Development Opportunity

    Vacant lot with potential for up to four units.

    214 S 214Th St, Miami, FL 33177
    View details
    Homestead Vacant Land Investment Opportunity
    $200,000
    5.00 Acres

    Homestead Vacant Land Investment Opportunity

    5 acres of vacant land near Homestead Speedway.

    360xx SW 257 Ave, Homestead, FL 33035
    View details
    5 Acres Vacant Land Homestead
    Contact for pricing

    5 Acres Vacant Land Homestead

    5 acres of vacant land near Homestead Speedway.

    360XX SW 257 Ave, Homestead, FL 33035
    View details
    South Florida Nursery Business Opportunity
    $4,800,000

    South Florida Nursery Business Opportunity

    Profitable nursery business and real estate for sale.

    19500 Southwest 240Th St, Homestead, FL 33031
    View details
    Doral Flex Space with Warehouse
    $4,650,000

    Doral Flex Space with Warehouse

    11,530 SF flex space with office and warehouse.

    10405 NW 37Th Ter, Doral, FL 33178
    View details

    For Lease (6)

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    Florida City Office Space Available
    $29 SF/Yr
    41,556 SF

    Florida City Office Space Available

    Modern office space with frontage on US 1 for rent.

    33004 S Dixie Hwy, Florida City, FL 33034
    View details
    Restaurant Space in Downtown Miami
    $10,616 / Mo
    1,821 SF

    Restaurant Space in Downtown Miami

    Turn-key restaurant opportunity in vibrant downtown Miami.

    900 Biscayne Blvd N Downtown Miami, Miami, FL 33132
    View details
    Coral Gables Office Space Available
    $44 SF/Yr
    10,001 SF

    Coral Gables Office Space Available

    Professional office space for lease in Coral Gables, Florida.

    4070 Laguna St, Coral Gables, FL 33146
    View details
    Retail Space Available for Lease
    $24 SF/Yr
    24,302 SF

    Retail Space Available for Lease

    Remodeled retail spaces available in Miami with US 1 frontage.

    27330 S Dixie Hwy, Miami, FL 33032
    View details
    Medical Office Sublease Opportunity
    Contact for pricing

    Medical Office Sublease Opportunity

    Modern medical office suite available for sublease near hospitals.

    7887 North Kendall Dr, Miami, FL 33156
    View details
    Modern Office Space on US-1
    Contact for pricing

    Modern Office Space on US-1

    4,000 SF office space with modern, open-concept design.

    33004 South Dixie Hwy, Florida City, FL 33034
    View details

    Leases and Sales on Map

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    Keller Williams Realty Premier Properties
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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
    Keller Williams Realty Premier Properties
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