Finished Flex Warehouse with Roll-Up
New
For Sale
$525,000
14262 SW 140th St 117, Miami, FL 33186
Gated commercial workspace with a finished interior, private restroom, kitchenette, and upgraded app-controlled air conditioning.
Property Size1,100 SF
Days on Market2
Property Features for 14262 SW 140th St 117
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Commercial
Building Details
Building Size
1,100 SF
Year Built
2007
Listing Agency:
LUXE Properties LLC
Listed By:
Adriana Ares · License #3375691
(305) 450-7875
Source:
Elliman
Added: Sep 16
Last Checked: Sep 16 at 2:51PM
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 LUXE Properties LLC
Investment Insights
Based on property information with market context.
This 1,100-square-foot flex property occupies a unit within a gated commercial complex and is currently leased to an established company. The warehouse features approximately 22-foot ceilings, an electric roll-up door, and a professionally finished interior with stained concrete floors, black walls and ceilings, custom cabinetry, and heavy-duty shelving. A private restroom and kitchenette add practical support space, while upgraded LG Smart A/C provides app-based controls. The unit also includes a mounted 75-inch TV and professional sound system, creating a completed workspace environment suited to creative or commercial operations.
Built in 2007, the property is located at 14262 SW 140th St, Unit 117, Miami, FL 33186. The site has a Walk Score of 51, a Bike Score of 43, and a Transit Score of 27. Showings are available by appointment.
Built in 2007, the property is located at 14262 SW 140th St, Unit 117, Miami, FL 33186. The site has a Walk Score of 51, a Bike Score of 43, and a Transit Score of 27. Showings are available by appointment.
Key Highlights
- 1,100 SF flex warehouse in a gated commercial complex
- Approximately 22‑foot ceilings with an electric roll‑up door
- Professionally finished interior with stained concrete floors and custom cabinetry
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
$35,091
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
6.68%
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%
$701,820
$701.8K
Cap Rate 7%
$501,300
$501.3K
Cap Rate 9%
$389,900
$389.9K
Market Conditions
NOI Build-Up for 1,100 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
$55.0K $50.04/SF
− Vacancy
−$8.3K −$7.51/SF
EGI
$46.8K $42.53/SF
− OpEx
−$11.7K −$10.63/SF
NOI
$35.1K $31.90/SF
Area
ZIP 33186
Vacancy
15.00%
Lease Rate
$50.04 /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%
$701,820
Cap Rate 7%
$501,300
Cap Rate 9%
$389,900
Alternative Uses
Best Use
Office B
$501.3K
$438.6K – $584.9K
NOI $35,091 @ 7.0% cap · market cap 6.68%
Second Best
Warehouse
$256.4K
$224.3K – $299.1K
NOI $17,945 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$600.7K
$525.6K – $700.8K
NOI $42,048 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,514
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33186, FL
69,866
Population
24,397
Households
2.9
Avg Household Size
42
Median Age
36%
College-Educated
91%
High-School Grad
12.4 sq mi
ZIP Area
5,634
Density / Sq Mi
$86,481
Median Household Income
$46,755
Median Earnings
$2,021
Median Rent
$422,300
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Jerry's Kitchen - Miami Catering Company — 13727 SW 152nd St, Miami, FL 33186
- Picameal Catering — 14395 SW 139th Ct #106, Miami, FL 33186
- Personal Chef Services and Event Productions — 14182 SW 139th Ct, Miami, FL 33186
- Pasta Party Miami, Inc. — 14350 SW 140th St #106, Miami, FL 33186
- Uniq Catering — 13920 SW 139th Ct, Miami, FL 33186
Frequently Asked Questions
What type of property is this?
Flex space - Gated commercial workspace with a finished interior, private restroom, kitchenette, and upgraded app-controlled air conditioning.
Where is this flex space located?
The property is located at 14262 SW 140th St 117 Miami, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 1,100 SF flex warehouse in a gated commercial complex; Approximately 22‑foot ceilings with an electric roll‑up door; Professionally finished interior with stained concrete floors and custom cabinetry
