Flex Space with Warehouse and
10405 NW 37th Ter Doral, FL 33178
10405 NW 37th Ter, Doral, FL, 33178
$4,650,000
Pending
For Sale
$4,650,000
Pending
COMMERCIAL - Doral, FL
Property Size11,530 SF
Lot Size0.63 Acres
Days on Market30
Property Features for 10405 NW 37th Ter
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 24
- Parking features
- Guest, Assigned, On Street
- Standard status
- Pending
- APN
- 35-30-29-104-0033
- Lot size
- 0.63 Acres
Taxes and HOA fees
- Tax Description
- CANTEL WEST SUB PB 153-41 PORT OF TR A DESC COMM NW COR OF NW1/4 OF SEC 29 TH S 01 DEG E 1320.64FT N 89 DEG E 1287.35FT N 01 DEG W 194.78FT
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2004
- Floors in Building
- 1
- Flooring type
- Tile - Ceramic, Concrete
- Building materials
- Block
- Roof type
- Composition
Listing agency
Keller Williams Realty Premier Properties
(305) 595-2844
Listed by
Oscar Valdes · License #3286179
(786) 587-8618
Added: Jun 23 Updated: Jun 30 at 8:42PM Checked: Jul 22 at 8:06PM
MLS# A11971237
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex space combines a finished office component with a warehouse area designed for active operations. The property includes approximately 6,000 SF of office space and about 5,530 SF of warehouse space, with 20' clear ceilings. Warehouse improvements include a dock-height dock and a ramp, along with a private warehouse office. The office portion features four private offices, two conference rooms, multiple open areas supporting 35 workstations, a tech room, kitchen, and break room, plus a reception area. Dedicated restrooms are available, and furniture and pallet racks are included for a turnkey move-in.
The property is located in Doral, with convenient access to the Florida Turnpike and 836 expressway. It also provides proximity to Miami International Airport, supporting connectivity for business operations.
For tenants or buyers seeking a single-site setup, the balance of office amenities and functional warehouse features supports a range of back-office, light distribution, and logistics-oriented uses where staff and operations need to run side by side. With parking for 24 vehicles and availability for immediate occupancy, the layout is geared toward getting productive quickly.
The property is located in Doral, with convenient access to the Florida Turnpike and 836 expressway. It also provides proximity to Miami International Airport, supporting connectivity for business operations.
For tenants or buyers seeking a single-site setup, the balance of office amenities and functional warehouse features supports a range of back-office, light distribution, and logistics-oriented uses where staff and operations need to run side by side. With parking for 24 vehicles and availability for immediate occupancy, the layout is geared toward getting productive quickly.
Key Highlights
- 11,530 SF flex space with ~6,000 SF finished office and ~5,530 SF warehouse
- Warehouse features 20' clear ceilings, dock‑height dock, ramp, and private warehouse office
- Office layout includes 4 private offices, 2 conference rooms, 3 open areas with 35 workstations, plus tech room
Local Financial Insights For Flex RnD
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 | $415.1k | $36.00 |
| − Vacancy | −$24.9k | −$2.16 |
| EGI | $390.2k | $33.84 |
| − OpEx | −$136.6k | −$11.84 |
| NOI | $253.6k | $22.00 |
11,530 SF · lease $36.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$3.62M
$3.17M – $4.23M
NOI $253,614 @ 7.0% cap · market cap 5.45%
Second Best
Office B
$3.58M
$3.13M – $4.18M
NOI $250,708 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$5.85M
$5.12M – $6.82M
NOI $409,476 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Juju's Bliss LLC — 9742 nw 46th terrace, doral, fl 33178
- Relish Miami — 2855 NW 112th Ave #7, Doral, FL 33172
FAQs
What type of property is this?
Flex space - Turnkey flex facility with 20' clear height warehouse space and finished office, including docks, ramp, and parking.
Where is this flex space located?
The property is located at 10405 NW 37th Ter Doral, FL.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: 11,530 SF flex space with ~6,000 SF finished office and ~5,530 SF warehouse; Warehouse features 20' clear ceilings, dock‑height dock, ramp, and private warehouse office; Office layout includes 4 private offices, 2 conference rooms, 3 open areas with 35 workstations, plus tech room
