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10800 NW 21st St #190, Doral, FL 33172

I-1-zoned commercial space combines a completed interior buildout with warehouse area.

Property Size3,856 SF
Price / SF$479.77
Days on Market7

Property Features for 10800 NW 21st St #190

General Information

Standard status Active
Size 3,856 SF
Total Parking Spaces 6
Property subtype Office, Industrial
Zoning I-1
Investment Type Owner/User
Listing Agency: Fausto Commercial
Listed By: Halain Suarez · License #SL3637046
Source: Crexi
Added: Jul 29 Changed: Aug 4 Last Checked: Aug 4 at 4:53AM

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 Fausto Commercial

Investment Insights

Based on property information with market context.

This 3,856-square-foot flex property at 10800 NW 21st St #190 offers a finished interior alongside warehouse space. The configuration is described as ready for immediate occupancy, providing a combination of office-oriented and industrial functionality within an I-1-zoned asset.

Located in Doral, Florida, the property sits within Miami-Dade County’s industrial market and South Florida’s trade-oriented business region. It is offered for ownership, with the existing layout suited to an owner-user or a buyer considering future leasing. The property provides a compact flex-space format for businesses seeking both finished interior space and warehouse capacity.

Key Highlights

  • 3,856‑square‑foot flex space
  • I‑1 zoning
  • Completed interior buildout with warehouse area

Financial Insights For Office B

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 $175.8k $45.60
− Vacancy −$39.6k −$10.26
EGI $136.3k $35.34
− OpEx −$34.1k −$8.84
NOI $102.2k $26.51
3,856 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.46M
$1.28M – $1.70M (±1% cap)
NOI $102,203 @ 7.0% cap · market cap 5.52%
Second Best
Flex RnD
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,817 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M (±1% cap)
NOI $136,942 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Pet Grooming Service Restaurant Tanning Salon Locksmith Buffet Nursing Home

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

3,964
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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • CSS 2200 NW 102nd Pl, Doral, FL 33172
  • Bistro Team Catering 1825 NW 112th Ave #151, Miami, FL 33172
  • Healthy Gourmet Lunch 1750 NW 107th Ave, Miami, FL 33172
  • Relish Miami 2855 NW 112th Ave #7, Doral, FL 33172

Frequently Asked Questions

What type of property is this?
Flex space - I-1-zoned commercial space combines a completed interior buildout with warehouse area.
Where is this flex space located?
The property is located at 10800 NW 21st St #190 Doral, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 3,856‑square‑foot flex space; I‑1 zoning; Completed interior buildout with warehouse area
(305) 961-1179 Call to check price and availability
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