Shared-Access Flex
2051 NW 112th Avenue, Sweetwater, FL 33172
For Sale
Contact for pricing
A split office and warehouse layout includes shared use of a loading door.
Property Size1,800 SF
Price / SF$1.78
Days on Market53
Property Features for 2051 NW 112th Avenue
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Amenities
loading door
Building Details
Year Built
Listing Agency:
R.R.G.,LLC
Listed By:
Yury M Vargas · License #3210970
(305) 717-3535
Source:
Miznerpartners
Added: Sep 16
Changed: Nov 6
Last Checked: Nov 6 at 2:49PM
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 R.R.G.,LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2006, this 1,800-square-foot flex property provides shared office and warehouse space. The layout includes approximately 300 square feet of open office area and 1,500 square feet of warehouse space, with shared access to a loading door.
The property is within Dolphin Park of Commerce I, near Dolphin Mall and the Turnpike.
The property is within Dolphin Park of Commerce I, near Dolphin Mall and the Turnpike.
Key Highlights
- 1,800 SF total, with approximately 300 SF of open office and 1,500 SF of warehouse space
- Shared use of a loading door
- Located in Dolphin Park of Commerce I, near Dolphin Mall and the Turnpike
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,432
Suggested Prices Based on Cap Rates
Cap Rate 5%
$388,640
$388.6K
Cap Rate 7%
$277,600
$277.6K
Cap Rate 9%
$215,911
$215.9K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$29.4K $16.32/SF
− Vacancy
−$1.6K −$0.90/SF
EGI
$27.8K $15.42/SF
− OpEx
−$8.3K −$4.63/SF
NOI
$19.4K $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%
$388,640
Cap Rate 7%
$277,600
Cap Rate 9%
$215,911
Alternative Uses
Best Use
Flex RnD
$565.6K
$494.9K – $659.9K
NOI $39,593 @ 7.0% cap · market cap 1,237.28%
Second Best
Warehouse
$337.1K
$295.0K – $393.3K
NOI $23,596 @ 7.0% cap · market cap 737.38%
Theoretical Best
Office A
$913.2K
$799.1K – $1.07M
NOI $63,925 @ 7.0% cap · market cap 1,997.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property 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
$260,200
Median Home Value
Market
Average Price Trend$/SF for Flex space in Miami-Dade County, FL
Properties on Market for Flex space in Miami-Dade County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Healthy Gourmet Lunch — 1750 NW 107th Ave, Miami, FL 33172
- Bistro Team Catering — 1825 NW 112th Ave #151, Miami, FL 33172
- CSS — 2200 NW 102nd Pl, Doral, FL 33172
- Relish Miami — 2855 NW 112th Ave #7, Doral, FL 33172
Frequently Asked Questions
What type of property is this?
Flex space - A split office and warehouse layout includes shared use of a loading door.
Where is this flex space located?
The property is located at 2051 NW 112th Avenue Sweetwater, FL.
What are key features of this property?
This property features: 1,800 SF total, with approximately 300 SF of open office and 1,500 SF of warehouse space; Shared use of a loading door; Located in Dolphin Park of Commerce I, near Dolphin Mall and the Turnpike
