Office Space Near MIA
For Sale
Contact for pricing
2801 NW 74 AV S12, Miami, FL 33122
Office space with amenities near the airport and highways.
Property Size122,082 SF
Days on Market187
Property Features for 2801 NW 74 AV S12
General Information
Standard status
Active
Size
122,082 SF
Property subtype
Commercial
Lease Term
1 to 3 years
Taxes and HOA fees
Annual Taxes
$116,707
Building Details
Building Size
122,082 SF
Year Built
1987
Stories
2
Listing Agency:
Julies Realty, LLC
Listed By:
Daniel Fajardo · License #A11831258
(786) 230-4449
Source:
Elliman
Added: Apr 24
Changed: Oct 25
Last Checked: Oct 26 at 4:40PM
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 Julies Realty, 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.
This commercial real estate offers office space in a secured, fenced location with 24/7 access. Large parking spaces are available for both tenants and visitors. The property includes a conference room, kitchen, and exercise room. All utilities are included in the lease rate, with the exception of WiFi. The location is near the Miami International Airport and major highways. The property has a bike score of 41, indicating it is somewhat bikeable, and a walk score of 43, suggesting car dependence.
Key Highlights
- One month free to get you started.
- Convenient location near MIA airport and highways for easy access.
- Enjoy 24/7 access to this secured and fenced property.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,502,227
Suggested Prices Based on Cap Rates
Cap Rate 5%
$70,044,540
$70.0M
Cap Rate 7%
$50,031,814
$50.0M
Cap Rate 9%
$38,913,633
$38.9M
Market Conditions
NOI Build-Up for 122,082 SF
Gross rent
$5.49M $45.00/SF
− Vacancy
−$824.1K −$6.75/SF
EGI
$4.67M $38.25/SF
− OpEx
−$1.17M −$9.56/SF
NOI
$3.50M $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$70,044,540
Cap Rate 7%
$50,031,814
Cap Rate 9%
$38,913,633
Alternative Uses
Best Use
Office B
$50.03M
$43.78M – $58.37M
NOI $3,502,227 @ 7.0% cap · market cap 303,223.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$82.41M
$72.11M – $96.14M
NOI $5,768,429 @ 7.0% cap · market cap 499,431.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,221
Businesses Nearby
Explore this area
Business Placement
Demographics for 33122, FL
2,126
Population
901
Households
2.4
Avg Household Size
35
Median Age
62%
College-Educated
85%
High-School Grad
2.4 sq mi
ZIP Area
886
Density / Sq Mi
$83,152
Median Household Income
$50,984
Median Earnings
$2,437
Median Rent
$1,284,700
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Office space with amenities near the airport and highways.
Where is this office unit located?
The property is located at 2801 NW 74 AV S12 Miami, FL.
What are key features of this property?
This property features: One month free to get you started.; Convenient location near MIA airport and highways for easy access.; Enjoy 24/7 access to this secured and fenced property.
