Office Unit with Turnpike
14850 SW 26th Street #212, Miami, FL 33185
For Sale
Contact for pricing
Office unit built in 2008 with access to the Turnpike and 8th Street.
Property Size30,000 SF
Price / SF$0.09
Days on Market76
Property Features for 14850 SW 26th Street #212
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Building Details
Year Built
Listing Agency:
Active Community Realty
Listed By:
Jose Rolando Arrazcaeta · License #0466740
(786) 412-9321
Source:
Lehmannflorida
Added: Aug 26
Changed: Nov 8
Last Checked: Nov 8 at 6:33AM
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 Active Community Realty
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Investment Insights
Based on property information with market context.
This office unit at 14850 SW 26th Street, Unit 212, offers 30,000 square feet of commercial space within a 2008-built property. The premises are positioned for occupancy and provide access to the Turnpike and 8th Street, supporting convenient connections for employees, clients, and visitors.
Key Highlights
- 30,000 square feet of office space
- Built in 2008
- Located at 14850 SW 26th Street, Unit 212
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$860,625
Suggested Prices Based on Cap Rates
Cap Rate 5%
$17,212,500
$17.2M
Cap Rate 7%
$12,294,643
$12.3M
Cap Rate 9%
$9,562,500
$9.6M
Market Conditions
NOI Build-Up for 30,000 SF
Gross rent
$1.35M $45.00/SF
− Vacancy
−$202.5K −$6.75/SF
EGI
$1.15M $38.25/SF
− OpEx
−$286.9K −$9.56/SF
NOI
$860.6K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$17,212,500
Cap Rate 7%
$12,294,643
Cap Rate 9%
$9,562,500
Alternative Uses
Best Use
Office B
$12.29M
$10.76M – $14.34M
NOI $860,625 @ 7.0% cap · market cap 33,100.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$20.25M
$17.72M – $23.63M
NOI $1,417,514 @ 7.0% cap · market cap 54,519.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
577
Businesses Nearby
Explore this area
Business Placement
Demographics for 33185, FL
28,819
Population
9,227
Households
3.1
Avg Household Size
42
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
4,177
Density / Sq Mi
$107,146
Median Household Income
$54,268
Median Earnings
$2,769
Median Rent
$496,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Miami, FL
Properties on Market for Office Units in Miami
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Office unit built in 2008 with access to the Turnpike and 8th Street.
Where is this office unit located?
The property is located at 14850 SW 26th Street #212 Miami, FL.
What are key features of this property?
This property features: 30,000 square feet of office space; Built in 2008; Located at 14850 SW 26th Street, Unit 212
