Warehouse with Dock
For Sale
$2,400,000
10200 NW 25th St, Doral, FL 33172
Commercial Sale, Doral, FL
Property Size7,384 SF
Price / SF$325.03
Days on Market65
Property Features for 10200 NW 25th St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
7700
Parking
158
Subdivision
30
Standard status
Active
APN
35-30-32-027-0060
Taxes and HOA fees
Tax Description
HARBIE CENTER CONDO UNIT 113 UNDIV 9.4476% INT IN COMMON ELEMENTS OFF REC 17902-1172 F/A/U 30-3032-027-0060 COC 24239-0533 01 2006 1
Tax Annual Amount
29296
HOA Fee
$2,831 Monthly
Legal Description
HARBIE CENTER CONDO UNIT 113 UNDIV 9.4476% INT IN COMMON ELEMENTS OFF REC 17902-1172 F/A/U 30-3032-027-0060 COC 24239-0533 01 2006 1
Utilities
Heating system
Central, Electric (Heating)
Building Details
Year built
1997
Floors in Building
1
Flooring type
Concrete
Listing Agency:
Avanti Way Realty LLC
(305) 229-1146
Listed By:
Miguel Hernandez · License #3266701
(305) 748-0771
Added: Jul 1
Changed: Sep 3
Last Checked: Sep 3 at 7:06AM
MLS# A11978521
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.
Built in 1997, this warehouse provides over 7,384 square feet of storage area within a flexible commercial layout. The building includes 30-foot ceilings, high dock doors, concrete flooring, and additional parking spaces. Central and electric heating systems are also present.
The property is located at 10200 NW 25th St in Doral, Florida, within Miami-Dade County. Its warehouse configuration supports businesses requiring significant storage capacity and loading access.
The property is located at 10200 NW 25th St in Doral, Florida, within Miami-Dade County. Its warehouse configuration supports businesses requiring significant storage capacity and loading access.
Key Highlights
- Over 7,384 square feet of storage area
- 30‑foot ceiling height
- High dock doors for loading access
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
$96,797
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
4.03%
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%
$1,935,940
$1.9M
Cap Rate 7%
$1,382,814
$1.4M
Cap Rate 9%
$1,075,522
$1.1M
Market Conditions
NOI Build-Up for 7,384 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
$120.5K $16.32/SF
− Vacancy
−$6.6K −$0.90/SF
EGI
$113.9K $15.42/SF
− OpEx
−$17.1K −$2.31/SF
NOI
$96.8K $13.11/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
15.00%
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%
$1,935,940
Cap Rate 7%
$1,382,814
Cap Rate 9%
$1,075,522
Alternative Uses
Best Use
Warehouse
$1.38M
$1.21M – $1.61M
NOI $96,797 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.75M
$3.28M – $4.37M
NOI $262,235 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
30 ft
Clear height
Location Intelligence
Trade Area within ½ mile
2,683
Businesses Nearby
Well-served
Demand for This Use
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 Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Public Storage — 10821 NW 14th St, Miami, FL 33172
- SPR Cold Storage & Distribution, LLC — 2000 NW 97th Ave Suite # 100, Doral, FL 33172
- Self-Storage at U-Haul — 10895 NW 21st St, Miami, FL 33172
- Hanza Solutions — 10895 NW 21st St, Miami, FL 33172
- Sunrise Supply Chain — 9920 NW 21st St, Miami, FL 33172
Frequently Asked Questions
What type of property is this?
Warehouse - Concrete-floor warehouse with substantial storage capacity, tall clearances, and parking for commercial operations.
Where is this warehouse located?
The property is located at 10200 NW 25th St Doral, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Over 7,384 square feet of storage area; 30‑foot ceiling height; High dock doors for loading access
