Flex
For Sale
Contact for pricing
10859 NW 29th St # 10859, Doral, FL 33172
The property offers convenient connections to SR-826, SR-836, and the Florida Turnpike.
Property Size1,704 SF
Price / SF$2.00
Days on Market209
Property Features for 10859 NW 29th St # 10859
General Information
Standard status
Active
Size
1,704 SF
Property subtype
Flex Space
Site & Location
Neighborhood
Miami Free Zone
Highway Access
Yes
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:
Signaturemiamirealestate
Added: Apr 7
Changed: Oct 31
Last Checked: Oct 31 at 2:20PM
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.
This 1,704-square-foot flex space was built in 1997. The property is in Doral, with access to SR-826, SR-836, and the Florida Turnpike.
Miami International Airport and PortMiami are both a short drive away.
Miami International Airport and PortMiami are both a short drive away.
Key Highlights
- 1,704 square feet of rentable space
- Built in 1997
- Access to SR‑826, SR‑836, and the Florida Turnpike
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,396
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,920
$367.9K
Cap Rate 7%
$262,800
$262.8K
Cap Rate 9%
$204,400
$204.4K
Market Conditions
NOI Build-Up for 1,704 SF
Gross rent
$27.8K $16.32/SF
− Vacancy
−$1.5K −$0.90/SF
EGI
$26.3K $15.42/SF
− OpEx
−$7.9K −$4.63/SF
NOI
$18.4K $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%
$367,920
Cap Rate 7%
$262,800
Cap Rate 9%
$204,400
Alternative Uses
Best Use
Flex RnD
$535.4K
$468.5K – $624.7K
NOI $37,481 @ 7.0% cap · market cap 1,099.79%
Second Best
Industrial
$262.8K
$230.0K – $306.6K
NOI $18,396 @ 7.0% cap · market cap 539.79%
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?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,932
Businesses Nearby
Well-served
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
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Bistro Team Catering — 1825 NW 112th Ave #151, Miami, FL 33172
- CSS — 2200 NW 102nd Pl, Doral, FL 33172
- Relish Miami — 2855 NW 112th Ave #7, Doral, FL 33172
- Filos Fusion — 11455 NW 34th St, Doral, FL 33178
Frequently Asked Questions
What type of property is this?
Flex space - The property offers convenient connections to SR-826, SR-836, and the Florida Turnpike.
Where is this flex space located?
The property is located at 10859 NW 29th St # 10859 Doral, FL.
What are key features of this property?
This property features: 1,704 square feet of rentable space; Built in 1997; Access to SR‑826, SR‑836, and the Florida Turnpike
