Flex Warehouse Office
10811 NW 29th St Unit 10811 Doral, FL 33172
For Sale
$320,000
Pending
Street-level loading and a private corner unit with AC offices, reception, and kitchen, plus two assigned parking spaces.
Property Size1,570 SF
Days on Market2275
Property Features for 10811 NW 29th St Unit 10811
General Information
- Standard status
- Pending
- Size
- 1,570 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1997
Listing Agency:
Vertical Int'l Real Estate
(954) 822-3439
Listed By:
Mauricio Uribe · License #3045234
(954) 822-3439
Source:
Xome
Added: May 4, 2020
Changed: Jul 25
Last Checked: Jul 25 at 6:12AM
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 Vertical Int'l Real Estate
Investment Insights
Based on property information with market context.
This flex warehouse office unit includes street-level loading and a private unit positioned at the end corner of the building. The space features approximately 2 large offices under AC, a reception area, and a kitchen, along with extra security features. The unit has been freshly painted and includes two assigned parking spaces.
The property is located within Outwest Business Park, with easy access to major routes including the Turnpike, Dolphin Expressway, Palmetto, and Miami International Airport.
With office and warehouse components in a single layout and dedicated parking, the unit is well suited for businesses needing both work space and straightforward loading access within a private business park setting.
The property is located within Outwest Business Park, with easy access to major routes including the Turnpike, Dolphin Expressway, Palmetto, and Miami International Airport.
With office and warehouse components in a single layout and dedicated parking, the unit is well suited for businesses needing both work space and straightforward loading access within a private business park setting.
Key Highlights
- Total 1,570 SF warehouse/office space with street‑level loading
- Includes approx. 400 SF of AC offices plus a reception area and kitchen
- Private corner unit located at the end of the building
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 | $25.6k | $16.32 |
| − Vacancy | −$1.4k | −$0.90 |
| EGI | $24.2k | $15.42 |
| − OpEx | −$3.6k | −$2.31 |
| NOI | $20.6k | $13.11 |
1,570 SF · lease $16.32/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$594.5K
$520.2K – $693.6K
NOI $41,613 @ 7.0% cap · market cap 13.00%
Second Best
Flex RnD
$493.3K
$431.7K – $575.6K
NOI $34,534 @ 7.0% cap · market cap 10.79%
Theoretical Best
Office A
$796.5K
$697.0K – $929.3K
NOI $55,757 @ 7.0% cap · market cap 17.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- CSS — 2200 NW 102nd Pl, Doral, FL 33172
- Filos Fusion — 11455 NW 34th St, Doral, FL 33178
- Bistro Team Catering — 1825 NW 112th Ave #151, Miami, FL 33172
- Relish Miami — 2855 NW 112th Ave #7, Doral, FL 33172
FAQs
What type of property is this?
Flex space - Street-level loading and a private corner unit with AC offices, reception, and kitchen, plus two assigned parking spaces.
Where is this flex space located?
The property is located at 10811 NW 29th St Unit 10811 Doral, FL.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Total 1,570 SF warehouse/office space with street‑level loading; Includes approx. 400 SF of AC offices plus a reception area and kitchen; Private corner unit located at the end of the building
