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Turn-Key Industrial Flex Warehouse

10800 NW 21St Doral, FL 33172

10800 NW 21St, Doral, FL, 33172
$1,950,000
For Sale
$1,950,000

COMMERCIAL - Doral, FL

Property Size4,000 SF
Lot Size0.09 Acres
Price / SF$487.50
Days on Market100

Property Features for 10800 NW 21St

General Information

Property type
Commercial Sale
Property subtype
Other
Parking
6
Parking features
Guest
Security features
Security System
Standard status
Active
APN
25-30-31-036-0100
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
VP WAREHOUSE WEST CONDO UNIT 190 BLDG 1 UNDIV 0.02133 INT IN COMMON ELEMENTS OFF REC 22664-1658 COC 22834-0873 11 2004 1 F/A/U 3030310360100
Tax Annual Amount
16981

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
2003
Floors in Building
1
Number of units
1
Flooring type
Concrete, Tile - Ceramic
Building materials
Brick, Block
Roof type
Concrete
Listing Agency Fortex Realty Inc
7791 NW 46th St. Ste #314, Doral, FL
Listed by Karla Santos · License #3275933
Added: Apr 10 Checked: Jul 18 at 7:06 pm
MLS# A11996040

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 fully operational industrial flex warehouse includes three offices with a reception area, and comes fully furnished with office desks and chairs. The space is equipped with office support items and security technology, including a DVR system with eight cameras and remote access coverage, along with copy machines and refrigerators. The warehouse component includes two high dock loading doors and is outfitted with industrial shelving storage racks, forklifts, and pallet jacks.

The property also features impact windows, recently remodeled roofs, and a sprinkler system. Six assigned parking spaces are included, along with ample guest parking, and private security is provided through the association.

An owner-operator-ready setup, this unit is presented as a turn-key option with both the office and warehouse improvements already in place.

Key Highlights

  • 2003‑built commercial space with central heating and central air
  • Warehouse space of +/- 4,000 SF with two high dock loading doors
  • 3 offices plus reception; fully furnished with office desks/chairs and DVR system with 8 cameras (remote access)

Local 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 $182.4k $45.60
− Vacancy −$41.0k −$10.26
EGI $141.4k $35.34
− OpEx −$35.3k −$8.84
NOI $106.0k $26.51
4,000 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.51M
$1.33M – $1.77M (±1% cap)
NOI $106,020 @ 7.0% cap · market cap 5.44%
Second Best
Flex RnD
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $87,984 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$2.03M
$1.78M – $2.37M (±1% cap)
NOI $142,056 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Pet Grooming Service Garden Center Veterinary Clinic Restaurant Nursing Home Locksmith Nursing Home Tanning Salon (Bike/Boat/Book/etc) Store Bed & Breakfast

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • CSS — 2200 NW 102nd Pl, Doral, FL 33172
  • Bistro Team Catering — 1825 NW 112th Ave #151, Miami, FL 33172
  • Healthy Gourmet Lunch — 1750 NW 107th Ave, Miami, FL 33172
  • Relish Miami — 2855 NW 112th Ave #7, Doral, FL 33172

FAQs

What type of property is this?
Flex space - Fully furnished industrial flex space with office buildout, warehouse loading, and sprinkler system, plus assigned and guest parking.
Where is this flex space located?
The property is located at 10800 NW 21St Doral, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 2003‑built commercial space with central heating and central air; Warehouse space of +/- 4,000 SF with two high dock loading doors; 3 offices plus reception; fully furnished with office desks/chairs and DVR system with 8 cameras (remote access)
Contact an agent
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