Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8880-8888 NW 24Th Ter Doral, FL 33172

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,500,000

    Corner warehouse unit featuring office space and indoor loading.

    Property size:
    11,000 SF
    Lot size:
    1.34 Acres

    Property Features for 8880-8888 NW 24Th Ter

    General Information

    Size
    11,000 SF
    Lot size
    1.34 Acres

    We can help!

    Listing Contact
    Hector Cata O
    Source: Moodyscre

    Listing Agent: Hector Cata O

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Doral Warehouse with Office Space

    This corner unit warehouse in Doral, Florida, offers 11,000 square feet of space, including 1,200 square feet of office area. The property features indoor loading capabilities and double-wide docks. The warehouse has a ceiling height of 22 inches and benefits from exposure on 25th Street.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Doral Cold Storage, Davie Self Storage, Stat Logistics, A+ Mini Storage, Two Marines Moving

    Location Insight

    • Map
    • Local Demand
    City
    Doral
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.341868
    Latitude
    25.795851

    Nearby Similar for Lease

    • $23 SF/Yr

      Doral Warehouse/Office with Ample Parking

      Functional warehouse/office in Doral with parking and competitive operating costs.
      7957 NW 54Th St, Doral, FL 33166
      View Details
    • $19,850 /Mo

      Cosmetic Manufacturing Facility in Doral

      Turn-key, FDA-compliant cosmetic manufacturing facility with office and warehouse space.
      7762 NW 46Th St, Doral, FL 33166
      View Details
    • $45 SF/Yr

      Modern Office Space in Doral

      Modern 1,828 SF office space in Downtown Doral.
      7950 NW 53Rd St, Doral, FL 33166
      View Details
    • $45 SF/Yr

      Doral Office Space For Rent

      Modern Doral office space with natural light and parking.
      7950 NW 53Rd St, Doral, FL 33166
      View Details
    • $25 SF/Yr

      Doral Warehouse and Office Space

      Functional industrial space with offices, loading docks, and parking.
      7770 NW 46Th St, Doral, FL 33166
      View Details
    • $25 SF/Yr

      Doral Flex Space Available

      11,530 SF flex space with office and warehouse.
      10405 NW 37Th Ter, Doral, FL 33178
      View Details
    • $2,650 /Mo

      Doral Mixed-Use Space For Rent

      Spacious workspace with loading dock, office space, and parking.
      10431 NW 28Th St, Doral, FL 33172
      View Details
    • $6,500 /Mo

      Doral Warehouse with Office Space

      Immaculate warehouse with office space for lease in Doral.
      8217 NW 30Th Ter, Doral, FL 33122
      View Details
    • $14,197 /Mo

      Doral Office Space Available

      Full-service Doral office space with ample parking and sunlight.
      9600 NW 25Th St, Doral, FL 33172
      View Details
    • $28 SF/Yr
      22,216 SF

      Doral Cold Storage Facility Available

      Turnkey 11,000 SF cold storage facility in Doral, Florida.
      Doral, FL 33172
      View Details
    • $2,600 /Mo

      Medical Office Space in Doral

      Private medical office space available within a dental practice.
      Doral, FL 33166
      View Details
    • $3,995 /Mo

      Doral Office Space For Lease

      Prime Doral office space in strategic location near highways.
      10450 NW 33Rd St, Doral, FL 33172
      View Details

    FAQs

    What type of property is this?
    Warehouse - Corner warehouse unit featuring office space and indoor loading.
    Where is this warehouse located?
    The property is located at 8880-8888 NW 24Th Ter Doral, FL.
    What are key features of this property?
    This property features: - Corner unit with great exposure on 25th St.; - Double wide docks.; - Indoor loading.
    (305) 428-2708
    Request Owner's contact information
    8880-8888 NW 24Th Ter Doral, FL 33172
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8880-8888 NW 24Th Ter
    Doral, FL 33172
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8880-8888 NW 24Th Ter Doral, FL 33172
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Hector Cata O
    (305) 428-2708
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.