Doral Warehouse with Office
For Sale
$11,300,000
10880 NW 30th Street, Doral, FL 33172
Free-standing warehouse with office in Doral's Beacon Industrial Park.
Property Size29,907 SF
Lot Size1.29 Acres
Price / SF$375.18
Days on Market111
Property Features for 10880 NW 30th Street
General Information
Standard status
Active
Size
29,907 SF
Lot size
1.29 Acres
Property subtype
Industrial
Building Details
Building Size
29,907 SF
Year Built
1997
Listing Agency:
Avanti Way Commercial
Listed By:
Fernando Arencibia · License #3211844
(786) 512-3745
Source:
Silverleafrealtygroup
Added: May 17
Changed: Sep 3
Last Checked: Sep 4 at 1:10PM
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 Avanti Way Commercial
Investment Insights
Based on property information with market context.
This free-standing warehouse is located in Doral’s Beacon Industrial Park. Constructed in 1997, the property features a twin T roof and a total area of approximately 30,119 square feet, including about 5,579 square feet of office space. The warehouse includes 4 dock positions and a 20-foot clear height. The lot size is approximately 56,003 square feet, with 37 parking spaces. Situated in the Airport West sub-market, the location offers convenient access to the Dolphin Expressway, Palmetto Expressway, and the Florida Turnpike. It is also located 7 miles from Miami International Airport cargo terminals. Retail options, restaurants, and entertainment venues, including TopGolf, are within a 2-mile radius. The bike score is 47, indicating it is somewhat bikeable. The walk score is 45, indicating car-dependent accessibility. The transit score is 44, indicating some transit options are available.
Key Highlights
- Free‑standing warehouse in Doral's Beacon Industrial Park.
- Convenient location near Dolphin, Palmetto Expressways, and Florida Turnpike.
- Close proximity (7 miles) to Miami International Airport cargo terminals.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$798,304
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$15,966,080
$16.0M
Cap Rate 7%
$11,404,343
$11.4M
Cap Rate 9%
$8,870,044
$8.9M
Market Conditions
NOI Build-Up for 30,119 SF
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.
Gross rent
$1.37M $45.60/SF
− Vacancy
−$309.0K −$10.26/SF
EGI
$1.06M $35.34/SF
− OpEx
−$266.1K −$8.84/SF
NOI
$798.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$15,966,080
Cap Rate 7%
$11,404,343
Cap Rate 9%
$8,870,044
Alternative Uses
Best Use
Office B
$11.40M
$9.98M – $13.31M
NOI $798,304 @ 7.0% cap · market cap 7.06%
Second Best
Warehouse
$5.64M
$4.94M – $6.58M
NOI $394,831 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$15.28M
$13.37M – $17.83M
NOI $1,069,645 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
964
Businesses Nearby
Under-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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Free-standing warehouse with office in Doral's Beacon Industrial Park.
Where is this warehouse located?
The property is located at 10880 NW 30th Street Doral, FL.
What is the asking price?
The asking price for this property is $11,300,000.
What are key features of this property?
This property features: Free‑standing warehouse in Doral's Beacon Industrial Park.; Convenient location near Dolphin, Palmetto Expressways, and Florida Turnpike.; Close proximity (7 miles) to Miami International Airport cargo terminals.
