Dock-High Industrial
10420 NW 37th Ter Doral, FL 33178
10420 NW 37th Ter, Doral, FL, 33178
$2,950,000
For Sale
$2,950,000
Dock-high industrial building with a clear span layout, truck court, and secure perimeter fencing.
Property Size6,592 SF
Price / SF$447.51
Days on Market63
Property Features for 10420 NW 37th Ter
General Information
- Standard status
- Active
- Size
- 6,592 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2000
Listing agency
Kaizen Realty Partners
(305) 491-1227
Listed by
Robert Meneses · License #0631973
(305) 491-1227
Source
Elliman
Added: May 20 Updated: Jul 21 at 1:53AM Checked: Jul 21 at 1:53AM
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 Kaizen Realty Partners
Investment Insights
Based on property information with market context.
Dock-high industrial facility built in 2000 offering 6,592 SF of functional clear span space. The building is supported by durable concrete construction and includes modern industrial-style utilities, with adaptable interior divisions intended to support multiple operating configurations.
The property provides a substantial truck court for loading and receiving, along with secure perimeter fencing and ample parking for on-site access and vehicle staging. It is positioned at 10420 NW 37th Ter in Doral, FL, within the Airport West area.
Designed to serve manufacturing, distribution, or light production uses, the layout and improvements are geared toward efficient industrial workflows and straightforward occupancy.
The property provides a substantial truck court for loading and receiving, along with secure perimeter fencing and ample parking for on-site access and vehicle staging. It is positioned at 10420 NW 37th Ter in Doral, FL, within the Airport West area.
Designed to serve manufacturing, distribution, or light production uses, the layout and improvements are geared toward efficient industrial workflows and straightforward occupancy.
Key Highlights
- 6,592 SF dock‑high industrial facility built in 2000 in the Airport West area
- Clear span floorplan designed for flexible manufacturing, distribution, or light production layouts
- Substantial truck court for industrial loading and vehicle access
Local Financial Insights For Warehouse
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 | $134.5k | $20.40 |
| − Vacancy | −$6.1k | −$0.92 |
| EGI | $128.4k | $19.48 |
| − OpEx | −$19.3k | −$2.92 |
| NOI | $109.2k | $16.56 |
6,592 SF · lease $20.40/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.56M
$1.36M – $1.82M
NOI $109,162 @ 7.0% cap · market cap 3.70%
Second Best
Industrial
$1.36M
$1.19M – $1.58M
NOI $94,887 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$3.34M
$2.93M – $3.90M
NOI $234,108 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
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FAQs
What type of property is this?
Manufacturing property - Dock-high industrial building with a clear span layout, truck court, and secure perimeter fencing.
Where is this manufacturing property located?
The property is located at 10420 NW 37th Ter Doral, FL.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 6,592 SF dock‑high industrial facility built in 2000 in the Airport West area; Clear span floorplan designed for flexible manufacturing, distribution, or light production layouts; Substantial truck court for industrial loading and vehicle access
