Medical Office Suite with
For Sale
$2,600,000
10200 NW 25th St A105, Doral, FL 33172
Turnkey-ready professional suite with ample on-site parking and strong highway access for client and employee convenience.
Property Size5,300 SF
Days on Market89
Property Features for 10200 NW 25th St A105
General Information
Standard status
Active
Size
5,300 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$14,531
Building Details
Building Size
5,300 SF
Year Built
1997
Listing Agency:
Avanti Way Realty
(305) 801-5353
Listed By:
Evelyn Avila · License #3266701
(305) 801-5353
Source:
Elliman
Added: Jun 4
Changed: Aug 15
Last Checked: Aug 31 at 2:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avanti Way Realty
Investment Insights
Based on property information with market context.
This professional medical office suite is well suited for healthcare and other professional services requiring an office setting. The property offers a practical interior configuration for day-to-day operations and client appointments. It is positioned to serve a range of uses including medical professionals, attorneys, accountants, consultants, and insurance agencies.
Located in Doral, the suite benefits from convenient connectivity to major regional roadways, including the Palmetto Expressway (SR-826), Dolphin Expressway (SR-836), and Florida Turnpike. The area is surrounded by restaurants, retail centers, banks, and business amenities, supporting daily needs for both staff and visitors. Ample on-site parking is available for employees and clients, and the property is minutes from Miami International Airport and Downtown Doral.
As a result, the suite is a strong fit for owner-users seeking an accessible professional address or investors looking to place a medical and office use in a well-connected business district. With walkability and some transit service indicated by the provided scores, the location can also support a variety of client visitation patterns while maintaining straightforward vehicle access.
Located in Doral, the suite benefits from convenient connectivity to major regional roadways, including the Palmetto Expressway (SR-826), Dolphin Expressway (SR-836), and Florida Turnpike. The area is surrounded by restaurants, retail centers, banks, and business amenities, supporting daily needs for both staff and visitors. Ample on-site parking is available for employees and clients, and the property is minutes from Miami International Airport and Downtown Doral.
As a result, the suite is a strong fit for owner-users seeking an accessible professional address or investors looking to place a medical and office use in a well-connected business district. With walkability and some transit service indicated by the provided scores, the location can also support a variety of client visitation patterns while maintaining straightforward vehicle access.
Key Highlights
- Year built 1997 professional office space in Doral
- Convenient access to major highways: Palmetto Expressway (SR‑826), Dolphin Expressway (SR‑836), and Florida Turnpike
- Ample on‑site parking for employees and clients
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$140,477
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,809,540
$2.8M
Cap Rate 7%
$2,006,814
$2.0M
Cap Rate 9%
$1,560,856
$1.6M
Market Conditions
NOI Build-Up for 5,300 SF
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.
Gross rent
$241.7K $45.60/SF
− Vacancy
−$54.4K −$10.26/SF
EGI
$187.3K $35.34/SF
− OpEx
−$46.8K −$8.84/SF
NOI
$140.5K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,809,540
Cap Rate 7%
$2,006,814
Cap Rate 9%
$1,560,856
Alternative Uses
Best Use
Office B
$2.01M
$1.76M – $2.34M
NOI $140,477 @ 7.0% cap · market cap 5.40%
Second Best
Healthcare Medical
$997.6K
$872.9K – $1.16M
NOI $69,833 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$2.69M
$2.35M – $3.14M
NOI $188,224 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,683
Businesses Nearby
Explore this area
Business Placement
Demographics for 33172, FL
43,911
Population
16,103
Households
2.7
Avg Household Size
42
Median Age
32%
College-Educated
75%
High-School Grad
6.4 sq mi
ZIP Area
6,861
Density / Sq Mi
$61,733
Median Household Income
$35,061
Median Earnings
$1,926
Median Rent
$260,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Turnkey-ready professional suite with ample on-site parking and strong highway access for client and employee convenience.
Where is this office building located?
The property is located at 10200 NW 25th St A105 Doral, FL.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Year built 1997 professional office space in Doral; Convenient access to major highways: Palmetto Expressway (SR‑826), Dolphin Expressway (SR‑836), and Florida Turnpike; Ample on‑site parking for employees and clients
