Second-Floor Office
10431 NW 28th Street #E106, Doral, FL 33172
For Sale
Contact for pricing
Second-floor office suite in a mixed-use warehouse with four connected offices, private entrance, restroom, and kitchenette.
Property Size1,113 SF
Price / SF$1.80
Days on Market130
Property Features for 10431 NW 28th Street #E106
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Highway Access
Additional Details
Floor
Amenities
Private entrance
Restroom
Kitchenette
Building Details
Year Built
Listing Agency:
Xcellence
(866) 595-6025
Listed By:
Daisy A Sanabria · License #3314947
(786) 355-1597
Source:
Lehmannflorida
Added: Jul 1
Changed: Nov 6
Last Checked: Nov 6 at 9:37AM
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 Xcellence
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Investment Insights
Based on property information with market context.
This second-floor office suite is located within a mixed-use warehouse and is configured with four connected offices. The space includes a private entrance, a restroom, and a kitchenette area to support daily administrative use.
The property offers one assigned parking space, and additional parking may be available for negotiation. It is positioned for convenient access to major regional routes, including the Turnpike, Miami International Airport, and the Free Trade Zone.
Inside, the layout supports an office workflow with multiple connected rooms, while the private entry helps separate operations from other areas of the building.
The property offers one assigned parking space, and additional parking may be available for negotiation. It is positioned for convenient access to major regional routes, including the Turnpike, Miami International Airport, and the Free Trade Zone.
Inside, the layout supports an office workflow with multiple connected rooms, while the private entry helps separate operations from other areas of the building.
Key Highlights
- Second‑floor office suite in a mixed‑use warehouse built in 1988
- Suite includes 4 connected offices plus a private entrance
- Includes a restroom and a kitchenette area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,016
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,320
$240.3K
Cap Rate 7%
$171,657
$171.7K
Cap Rate 9%
$133,511
$133.5K
Market Conditions
NOI Build-Up for 1,113 SF
Gross rent
$18.2K $16.32/SF
− Vacancy
−$999 −$0.90/SF
EGI
$17.2K $15.42/SF
− OpEx
−$5.1K −$4.63/SF
NOI
$12.0K $10.80/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,320
Cap Rate 7%
$171,657
Cap Rate 9%
$133,511
Alternative Uses
Best Use
Office B
$421.4K
$368.8K – $491.7K
NOI $29,500 @ 7.0% cap · market cap 1,475.00%
Second Best
Flex RnD
$349.7K
$306.0K – $408.0K
NOI $24,482 @ 7.0% cap · market cap 1,224.10%
Theoretical Best
Office A
$564.7K
$494.1K – $658.8K
NOI $39,527 @ 7.0% cap · market cap 1,976.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,936
Businesses Nearby
Balanced
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
$260,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Doral, FL
Properties on Market for Flex space in Doral
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Second-floor office suite in a mixed-use warehouse with four connected offices, private entrance, restroom, and kitchenette.
Where is this flex space located?
The property is located at 10431 NW 28th Street #E106 Doral, FL.
What are key features of this property?
This property features: Second‑floor office suite in a mixed‑use warehouse built in 1988; Suite includes 4 connected offices plus a private entrance; Includes a restroom and a kitchenette area
