Warehouse Unit with
1693 NW 97th Avenue #5, Doral, FL 33172
For Sale
Contact for pricing
A street-level dock door, private restroom, and 20-foot ceilings serve a range of warehouse operations.
Property Size2,415 SF
Price / SF$2.45
Days on Market48
Property Features for 1693 NW 97th Avenue #5
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Amenities
concrete mezzanine
street level dock door
privet restroom inside the unit
Building Details
Year Built
Listing Agency:
The Keyes Company
(305) 371-3592
Listed By:
Rossana M Siccardi · License #0314052
(954) 931-1229
Source:
Miznerpartners
Added: Sep 21
Changed: Nov 6
Last Checked: Nov 6 at 2:54PM
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 The Keyes Company
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,415-square-foot warehouse unit includes a concrete mezzanine that can support storage or an office build-out, a street-level dock door, and a private restroom. The building dates to 2003.
The property is in Doral, near Miami International Airport and Dolphin Mall, with access to major expressways. The space is offered for a three-year sublease.
The property is in Doral, near Miami International Airport and Dolphin Mall, with access to major expressways. The space is offered for a three-year sublease.
Key Highlights
- 2,415 square feet of warehouse space
- 20‑foot ceilings
- Concrete mezzanine for storage or office build‑out
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,658
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,160
$633.2K
Cap Rate 7%
$452,257
$452.3K
Cap Rate 9%
$351,756
$351.8K
Market Conditions
NOI Build-Up for 2,415 SF
Gross rent
$39.4K $16.32/SF
− Vacancy
−$2.2K −$0.90/SF
EGI
$37.2K $15.42/SF
− OpEx
−$5.6K −$2.31/SF
NOI
$31.7K $13.11/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,160
Cap Rate 7%
$452,257
Cap Rate 9%
$351,756
Alternative Uses
Best Use
Warehouse
$452.3K
$395.7K – $527.6K
NOI $31,658 @ 7.0% cap · market cap 534.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M
NOI $85,766 @ 7.0% cap · market cap 1,446.79%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,883
Businesses Nearby
Well-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
$260,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Doral, FL
Properties on Market for Warehouses in Doral
Vacancy Rate% for Industrial in South region
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- The File Depot Northwest Miami — 1845 NW 112th Ave #206, Miami, FL 33172
- Venture 3p Logistics — 2175 nw 115th ave, doral, fl 33172
Frequently Asked Questions
What type of property is this?
Warehouse - A street-level dock door, private restroom, and 20-foot ceilings serve a range of warehouse operations.
Where is this warehouse located?
The property is located at 1693 NW 97th Avenue #5 Doral, FL.
What are key features of this property?
This property features: 2,415 square feet of warehouse space; 20‑foot ceilings; Concrete mezzanine for storage or office build‑out
