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Warehouse Unit with Reserved Parking
For Sale
$398,000

10431 NW 28th St # 104 Unit E-104, Doral, FL 33172

Warehouse unit with reserved parking, a bathroom, and metal pellet racks near major highways and Miami International Airport.

Property Size983 SF
Price / SF$404.88
Days on Market61

Property Features for 10431 NW 28th St # 104 Unit E-104

General Information

Standard status Active
Size 983 SF
Total Parking Spaces 3
Property subtype Industrial

Additional Details

Warehouse Space 983 SF

Taxes and HOA fees

Annual Taxes $4,116

Building Details

Building Size 983 SF
Year Built 1988
Listing Agency: Pink Elephant Realty LLC
Listed By: Margarita Coto · License #3291110
Source: Miamibrokersgroup
Added: Aug 22 Changed: Oct 19 Last Checked: Oct 21 at 3:42AM

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 Pink Elephant Realty LLC

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Investment Insights

Based on property information with market context.

This warehouse unit provides 983 square feet of commercial space with one bathroom, three reserved parking spots, and metal pellet racks. The property was built in 1988 and is located at 10431 NW 28th St #E-104 in Doral, Florida.

The location offers access to major highways and Miami International Airport, supporting regional connectivity for warehouse operations and commercial users.

Key Highlights

  • 983 SF warehouse unit
  • 3 reserved parking spots
  • 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,886
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,720 $257.7K
Cap Rate 7%
$184,086 $184.1K
Cap Rate 9%
$143,178 $143.2K
Market Conditions
NOI Build-Up for 983 SF
Gross rent
$16.0K $16.32/SF
− Vacancy
−$882 −$0.90/SF
EGI
$15.2K $15.42/SF
− OpEx
−$2.3K −$2.31/SF
NOI
$12.9K $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 Rate 5%
$257,720
Cap Rate 7%
$184,086
Cap Rate 9%
$143,178

Alternative Uses

Best Use
Warehouse
$184.1K
$161.1K – $214.8K (±1% cap)
NOI $12,886 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$498.7K
$436.4K – $581.8K (±1% cap)
NOI $34,910 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Pet Grooming Service Supermarket Veterinary Clinic Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,936
Businesses Nearby
Well-served
Demand for This Use

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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Nannybag Luggage Storage — 11231 NW 20th St #140, Miami, FL 33172
  • The File Depot Northwest Miami — 1845 NW 112th Ave #206, 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

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse unit with reserved parking, a bathroom, and metal pellet racks near major highways and Miami International Airport.
Where is this warehouse located?
The property is located at 10431 NW 28th St # 104 Unit E-104 Doral, FL.
What is the asking price?
The asking price for this property is $398,000.
What are key features of this property?
This property features: 983 SF warehouse unit; 3 reserved parking spots; 1 bathroom
More about this property
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