Flex Space with Air-Conditioned
For Sale
Contact for pricing
1781 NW 79th Ave # 1781 Unit 12-1781, Doral, FL 33126
A mixed warehouse and office layout includes climate-controlled warehouse space and dedicated office area.
Property Size111,100 SF
Price / SF$0.00
Days on Market74
Property Features for 1781 NW 79th Ave # 1781 Unit 12-1781
General Information
Standard status
Active
Size
111,100 SF
Property subtype
Industrial
Warehouse & Industrial
Clear Height
20 ft
Warehouse Space
3,991 SF
Office Build-Out
1,514 SF
Drive-In Doors
1
Conditioned Warehouse
Yes
Additional Details
Highway Access
Yes
Building Details
Building Size
111,100 SF
Year Built
1982
Listing Agency:
Seascape Realty Group LLC
Listed By:
Richard Guertin · License #3427572
(954) 589-3413
Source:
Signaturemiamirealestate
Added: Aug 24
Changed: Oct 31
Last Checked: Nov 4 at 8:48AM
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 Seascape Realty Group LLC
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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 5,505-square-foot flex space has 3,991 square feet of warehouse area and 1,514 square feet of office space. The warehouse is air-conditioned and features 20-foot clear height, one drive-in door, and LED lighting. The building dates to 1982.
The unit faces the Palmetto Expressway and is located on NW 79th Avenue in Doral, Florida. Parking is provided at a ratio of 1.0 space per 1,000 square feet.
The unit faces the Palmetto Expressway and is located on NW 79th Avenue in Doral, Florida. Parking is provided at a ratio of 1.0 space per 1,000 square feet.
Key Highlights
- 5,505 SF total, with 3,991 SF of warehouse and 1,514 SF of office space
- Air‑conditioned warehouse with 20‑foot clear height
- One drive‑in door and LED warehouse lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,199,400
Suggested Prices Based on Cap Rates
Cap Rate 5%
$23,988,000
$24.0M
Cap Rate 7%
$17,134,286
$17.1M
Cap Rate 9%
$13,326,667
$13.3M
Market Conditions
NOI Build-Up for 111,100 SF
Gross rent
$1.81M $16.32/SF
− Vacancy
−$99.7K −$0.90/SF
EGI
$1.71M $15.42/SF
− OpEx
−$514.0K −$4.63/SF
NOI
$1.20M $10.80/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$23,988,000
Cap Rate 7%
$17,134,286
Cap Rate 9%
$13,326,667
Alternative Uses
Best Use
Flex RnD
$34.91M
$30.55M – $40.73M
NOI $2,443,756 @ 7.0% cap · market cap 9,399,061.54%
Second Best
Warehouse
$20.81M
$18.21M – $24.27M
NOI $1,456,414 @ 7.0% cap · market cap 5,601,592.31%
Theoretical Best
Office A
$56.37M
$49.32M – $65.76M
NOI $3,945,600 @ 7.0% cap · market cap 15,175,384.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
20 ft
Clear height
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
665
Businesses Nearby
Under-served
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
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Royally Cle's — NW 24th Ave, Miami, FL 33147
- Jenspastrypleasures — 1520 NW 87th Terrace, Miami, FL 33147
Frequently Asked Questions
What type of property is this?
Flex space - A mixed warehouse and office layout includes climate-controlled warehouse space and dedicated office area.
Where is this flex space located?
The property is located at 1781 NW 79th Ave # 1781 Unit 12-1781 Doral, FL.
What are key features of this property?
This property features: 5,505 SF total, with 3,991 SF of warehouse and 1,514 SF of office space; Air‑conditioned warehouse with 20‑foot clear height; One drive‑in door and LED warehouse lighting
