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Corner End-Cap Flex Showroom
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18647 SW 107TH AVE, Cutler Bay, FL 33157

Air-conditioned showroom with retail storefront windows, 16-foot clear height, and a grade-level loading door for flexible operations.

Property Size4,368 SF
Price / SF$455.01
Days on Market63

Property Features for 18647 SW 107TH AVE

General Information

Standard status Active
Size 4,368 SF
Property subtype Special Purpose

Warehouse & Industrial

Clear Height 16 ft
Drive-In Doors 1
Heavy Power Yes

Additional Details

Business Included Yes
Commercial Hood Yes

Building Details

Year Built 1980
Listing Agency: Manny Chamizo #1 Sotheby's Commercial Broker
Listed By: Manny Chamizo · License #0479698
Source: Crexi
Added: Jun 4 Changed: Jul 10 Last Checked: Aug 5 at 12:52PM

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 Manny Chamizo #1 Sotheby's Commercial Broker

Investment Insights

Based on property information with market context.

This corner/end-cap flex showroom is built for a showroom-and-operations setup, with a retail-style storefront window line and an open showroom layout. The interior includes 16-foot clear ceiling height and fully air-conditioned space, plus new impact-rated sliding doors, windows, and shutters. Additional improvements include new plumbing, a new 400-amp electrical service, and an updated kitchen and bar for on-site use. The space also features a private owner’s lounge, separate men’s and women’s restrooms, a dedicated workshop area, and twin “T” concrete roof construction. A 12' x 12' grade-level loading door supports receiving and service needs.

Located at 18647 SW 107th Ave in Cutler Bay, the property provides direct frontage on SW 107th Avenue, supported by its end-cap position.

For tenants seeking a functional front-of-house environment with space to support day-to-day work, this layout provides dedicated showroom space and an internal workshop component under clear-height conditions. The combination of air-conditioned comfort, impact-rated openings, and a grade-level loading door can help simplify customer-facing operations and deliveries in one facility.

Key Highlights

  • Approximately 5,000 SF total with 4,300 SF ground floor plus 700 SF mezzanines
  • Corner/end‑cap with direct frontage on SW 107th Avenue and retail‑style storefront windows
  • Open showroom layout with 16‑foot clear ceiling height

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $117.9k $27.00
− Vacancy −$8.8k −$2.03
EGI $109.1k $24.98
− OpEx −$32.7k −$7.49
NOI $76.4k $17.48
4,368 SF · lease $27.00/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.09M
$954.6K – $1.27M (±1% cap)
NOI $76,364 @ 7.0% cap · market cap 3.84%
Second Best
Flex RnD
$995.8K
$871.4K – $1.16M (±1% cap)
NOI $69,708 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$2.22M
$1.94M – $2.59M (±1% cap)
NOI $155,125 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Hotel & Motel Bar & Pub Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
1
Drive-in doors
Turnkey business
Opportunity
Yes
Heavy power
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

2,494
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33157, FL

68,069
Population
23,176
Households
2.9
Avg Household Size
42
Median Age
33%
College-Educated
86%
High-School Grad
14.9 sq mi
ZIP Area
4,568
Density / Sq Mi
$80,364
Median Household Income
$38,803
Median Earnings
$1,493
Median Rent
$478,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Flex space - Air-conditioned showroom with retail storefront windows, 16-foot clear height, and a grade-level loading door for flexible operations.
Where is this flex space located?
The property is located at 18647 SW 107TH AVE Cutler Bay, FL.
What is the asking price?
The asking price for this property is $1,987,500.
What are key features of this property?
This property features: Approximately 5,000 SF total with 4,300 SF ground floor plus 700 SF mezzanines; Corner/end‑cap with direct frontage on SW 107th Avenue and retail‑style storefront windows; Open showroom layout with 16‑foot clear ceiling height
(786) 486-6655 Call to check price and availability
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