Second-Floor Office
1950 NW 94th Avenue, Doral, FL 33172
For Sale
Contact for pricing
A multi-office layout includes reception areas, a conference room, collaborative workspace, and support facilities.
Property Size17,375 SF
Price / SF$0.00
Days on Market18
Property Features for 1950 NW 94th Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Amenities
main lobby
3 reception areas
12 private offices
dedicated executive conference room
2,700 SF open cubicle area
large copy/print room
1 storage/janitorial room
3 restroom facilities
Building Details
Year Built
Listing Agency:
Open Realty LLC
(305) 592-7771
Listed By:
David H Gomez · License #3019320
(305) 321-5006
Source:
Lehmannflorida
Added: Oct 21
Changed: Nov 6
Last Checked: Nov 6 at 3:13PM
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 Open Realty LLC
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Investment Insights
Based on property information with market context.
This 17,375 SF second-floor office unit is configured with a main lobby, 3 reception areas, 12 private offices, and an executive conference room. A 2,700 SF open cubicle area is complemented by a copy and print room, a storage and janitorial room, and 3 restrooms.
The property is at 1950 NW 94th Avenue in Doral, with access to major expressways, Miami International Airport, and local amenities. Parking is available on site.
The property is at 1950 NW 94th Avenue in Doral, with access to major expressways, Miami International Airport, and local amenities. Parking is available on site.
Key Highlights
- 17,375 SF second‑floor office unit
- 12 private offices, 3 reception areas, and an executive conference room
- 2,700 SF open cubicle area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$460,524
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,210,480
$9.2M
Cap Rate 7%
$6,578,914
$6.6M
Cap Rate 9%
$5,116,933
$5.1M
Market Conditions
NOI Build-Up for 17,375 SF
Gross rent
$792.3K $45.60/SF
− Vacancy
−$178.3K −$10.26/SF
EGI
$614.0K $35.34/SF
− OpEx
−$153.5K −$8.84/SF
NOI
$460.5K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,210,480
Cap Rate 7%
$6,578,914
Cap Rate 9%
$5,116,933
Alternative Uses
Best Use
Office B
$6.58M
$5.76M – $7.68M
NOI $460,524 @ 7.0% cap · market cap 1,771,246.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.82M
$7.71M – $10.28M
NOI $617,055 @ 7.0% cap · market cap 2,373,288.46%
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
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 Office Units in Doral, FL
Properties on Market for Office Units in Doral
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A multi-office layout includes reception areas, a conference room, collaborative workspace, and support facilities.
Where is this office unit located?
The property is located at 1950 NW 94th Avenue Doral, FL.
What are key features of this property?
This property features: 17,375 SF second‑floor office unit; 12 private offices, 3 reception areas, and an executive conference room; 2,700 SF open cubicle area
