Doral Flex Space
For Sale
Contact for pricing
10859 NW 29th St 10859, Doral, FL 33172
Versatile Doral property with convenient access to major transportation routes.
Property Size1,704 SF
Price / SF$2.00
Days on Market206
Property Features for 10859 NW 29th St 10859
General Information
Standard status
Active
Size
1,704 SF
Property subtype
Commercial
Lease Term
1 to 3 years
Site & Location
Neighborhood
Miami Free Zone
Building Details
Building Size
1,704 SF
Year Built
1997
Listing Agency:
The Keyes Company
Listed By:
Sandra Pava · License #3339170
(786) 344-0078
Source:
Elliman
Added: Apr 10
Changed: Oct 29
Last Checked: Nov 1 at 7:38AM
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 The Keyes Company
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 10859 NW 29th St in Doral, FL, this property offers a versatile space suitable for a wide range of business needs. The property features a modern exterior with a professional appearance. It offers convenient access to SR-826, SR-836, and the Florida Turnpike. Its strategic location is just minutes from Miami International Airport and Port Miami. According to the owner’s documentation, the property has 1,704 square feet of rentable space.
Key Highlights
- Prime Accessibility: Convenient access to SR‑826, SR‑836, and the Florida Turnpike.
- Strategic Location: Minutes from Miami International Airport and Port Miami.
- 1,704 square feet of rentable space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,165
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,300
$903.3K
Cap Rate 7%
$645,214
$645.2K
Cap Rate 9%
$501,833
$501.8K
Market Conditions
NOI Build-Up for 1,704 SF
Gross rent
$77.7K $45.60/SF
− Vacancy
−$17.5K −$10.26/SF
EGI
$60.2K $35.34/SF
− OpEx
−$15.1K −$8.84/SF
NOI
$45.2K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,300
Cap Rate 7%
$645,214
Cap Rate 9%
$501,833
Alternative Uses
Best Use
Office B
$645.2K
$564.6K – $752.8K
NOI $45,165 @ 7.0% cap · market cap 1,325.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$864.5K
$756.5K – $1.01M
NOI $60,516 @ 7.0% cap · market cap 1,775.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,932
Businesses Nearby
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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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Versatile Doral property with convenient access to major transportation routes.
Where is this office unit located?
The property is located at 10859 NW 29th St 10859 Doral, FL.
What are key features of this property?
This property features: Prime Accessibility: Convenient access to SR‑826, SR‑836, and the Florida Turnpike.; Strategic Location: Minutes from Miami International Airport and Port Miami.; 1,704 square feet of rentable space.
