Two-Story Office Flex
1400 NW 79th Ave, Doral, FL 33126
For Sale
$4,195,000
Upgraded office areas occupy two levels alongside warehouse space and street-level loading.
Property Size9,381 SF
Lot Size0.68 Acres
Price / SF$447.18
Days on Market21
Property Features for 1400 NW 79th Ave
General Information
Standard status
Size
Total Parking Spaces
Lot size
Warehouse & Industrial
Clear Height
Office Build-Out
Drive-In Doors
Three-Phase Power
Sprinkler System
Additional Details
Property Use
Building Details
Year Built
Buildings
Building Size
Listing Agency:
Biscayne Real Estate LLC
Listed By:
Michael Bibr · License #A12046332
(305) 458-4140
Source:
Thepennteam
Added: Oct 20
Changed: Nov 8
Last Checked: Nov 7 at 5:27PM
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 Biscayne Real Estate LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 9,381-SF flex/industrial property was built in 1982 and occupies a 0.68-acre (29,805-SF) parcel. Approximately 6,000 SF of upgraded office space spans two floors, with warehouse space offering 21-foot clear height and an oversized ground-level loading door. Building systems and site features include fire sprinklers, 3-phase power, a backup generator, and 31 parking spaces, including two accessible spaces.
The property is in the Miami International Commerce Center in Doral, within Miami-Dade County’s industrial market and minutes from Miami International Airport.
The property is in the Miami International Commerce Center in Doral, within Miami-Dade County’s industrial market and minutes from Miami International Airport.
Key Highlights
- 9,381 SF building on a 0.68‑acre (29,805 SF) lot
- Approximately 6,000 SF of upgraded office space across two floors
- Warehouse area with 21 FT clear height and one oversized street‑level loading door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$123,190
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,463,800
$2.5M
Cap Rate 7%
$1,759,857
$1.8M
Cap Rate 9%
$1,368,778
$1.4M
Market Conditions
NOI Build-Up for 9,381 SF
Gross rent
$149.7K $15.96/SF
− Vacancy
−$4.8K −$0.51/SF
EGI
$144.9K $15.45/SF
− OpEx
−$21.7K −$2.32/SF
NOI
$123.2K $13.13/SF
Area
Miami-Dade County, FL
Vacancy
3.20%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,463,800
Cap Rate 7%
$1,759,857
Cap Rate 9%
$1,368,778
Alternative Uses
Best Use
Warehouse
$1.76M
$1.54M – $2.05M
NOI $123,190 @ 7.0% cap · market cap 2.94%
Second Best
Industrial
$1.45M
$1.27M – $1.69M
NOI $101,274 @ 7.0% cap · market cap 2.41%
Theoretical Best
Office A
$5.12M
$4.48M – $5.98M
NOI $358,591 @ 7.0% cap · market cap 8.55%
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
21 ft
Clear height
1
Drive-in doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
2,240
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33126, FL
48,751
Population
19,725
Households
2.5
Avg Household Size
44
Median Age
28%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
9,028
Density / Sq Mi
$55,722
Median Household Income
$32,607
Median Earnings
$1,651
Median Rent
$299,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Doral, FL
Properties on Market for Flex space in Doral
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Catering by Carmen — 6820 W Flagler St, Miami, FL 33144
- paellas NOW — 6708 W Flagler St, Miami, FL 33144
- Chef's Paella / Pan con Todo — 6744 W Flagler St, Miami, FL 33144
- Romed Catering — 130 SW 57th Ave, Miami, FL 33144
- Elite Catering — 130 SW 57th Ave, Miami, FL 33144
Frequently Asked Questions
What type of property is this?
Flex space - Upgraded office areas occupy two levels alongside warehouse space and street-level loading.
Where is this flex space located?
The property is located at 1400 NW 79th Ave Doral, FL.
What is the asking price?
The asking price for this property is $4,195,000.
What are key features of this property?
This property features: 9,381 SF building on a 0.68‑acre (29,805 SF) lot; Approximately 6,000 SF of upgraded office space across two floors; Warehouse area with 21 FT clear height and one oversized street‑level loading door
