Warehouse with Office
For Sale
Contact for pricing
10505 NW 29th Ter, Doral, FL 33172
The facility includes a climate-controlled assembly room, three dock-high doors, and three-phase electrical service.
Property Size11,000 SF
Price / SF$0.00
Days on Market136
Property Features for 10505 NW 29th Ter
General Information
Standard status
Active
Size
11,000 SF
Property subtype
Industrial
Site & Location
Neighborhood
Miami Free Zone
Building Details
Building Size
11,000 SF
Year Built
1998
Listing Agency:
Parvani Commercial Group
Listed By:
Ratna Parvani · License #0606362
(305) 342-9576
Source:
Signaturemiamirealestate
Added: Jun 19
Changed: Oct 31
Last Checked: Oct 31 at 2:41PM
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 Parvani Commercial Group
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Investment Insights
Based on property information with market context.
This 11,000-square-foot warehouse property includes approximately 9,500 square feet of warehouse area and 1,500 square feet of office space. The offices comprise an open bullpen, four private offices, and a conference room, with a kitchen and three restrooms. A separate air-conditioned assembly room supports additional indoor work or staging. The building was constructed in 1998.
Loading is served by three dock-high doors and one ramp. Three-phase power is rated at 110/208V, and automated shutters are installed. Racking is included in the lease. The space is scheduled to become available September 1st.
Loading is served by three dock-high doors and one ramp. Three-phase power is rated at 110/208V, and automated shutters are installed. Racking is included in the lease. The space is scheduled to become available September 1st.
Key Highlights
- 11,000 SF total, including approximately 9,500 SF of warehouse and 1,500 SF of office area
- Office layout includes a bullpen, 4 private offices, 1 conference room, a kitchen, and 3 restrooms
- Air‑conditioned assembly room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$144,199
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,883,980
$2.9M
Cap Rate 7%
$2,059,986
$2.1M
Cap Rate 9%
$1,602,211
$1.6M
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$179.5K $16.32/SF
− Vacancy
−$9.9K −$0.90/SF
EGI
$169.6K $15.42/SF
− OpEx
−$25.4K −$2.31/SF
NOI
$144.2K $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%
$2,883,980
Cap Rate 7%
$2,059,986
Cap Rate 9%
$1,602,211
Alternative Uses
Best Use
Warehouse
$2.06M
$1.80M – $2.40M
NOI $144,199 @ 7.0% cap · market cap 626,952.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.58M
$4.88M – $6.51M
NOI $390,653 @ 7.0% cap · market cap 1,698,491.30%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
2,564
Businesses Nearby
Well-served
Demand for This Use
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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
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
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- 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 - The facility includes a climate-controlled assembly room, three dock-high doors, and three-phase electrical service.
Where is this warehouse located?
The property is located at 10505 NW 29th Ter Doral, FL.
What are key features of this property?
This property features: 11,000 SF total, including approximately 9,500 SF of warehouse and 1,500 SF of office area; Office layout includes a bullpen, 4 private offices, 1 conference room, a kitchen, and 3 restrooms; Air‑conditioned assembly room
