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Flex Space with Warehouse and Office

3002 NW 79th Ave # 3002, Doral, FL 33122

For Sale
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A reception area, private offices, and warehouse showroom space support a flexible mix of office and operational functions.

Property Size5,227 SF
Price / SF$0.00
Days on Market166

Property Features for 3002 NW 79th Ave # 3002

General Information

Standard status Active
Size 5,227 SF
Property subtype Industrial

Additional Details

Highway Access Yes

Building Details

Building Size 5,227 SF
Year Built 1982
Listing Agency: Parvani Commercial Group
Listed By: Ratna Parvani · License #0606362
Source: Signaturemiamirealestate
Added: May 26 Changed: Nov 6 Last Checked: Nov 6 at 3:16PM

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 Parvani Commercial Group

Rey
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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 5,227-square-foot flex property combines 2,393 square feet of office area with 2,834 square feet of warehouse, bullpen, and showroom space. The office portion includes a reception area, two private offices, and a foreman’s office. Two street-level doors provide warehouse access, and the space has 20-foot ceilings. A forklift and some racks are included. The building dates to 1982.

The property is in Doral, with close proximity to the Palmetto Expressway and Miami International Airport.

Key Highlights

  • 5,227 square feet total, including 2,393 square feet of office area and 2,834 square feet of warehouse, bullpen, and showroom space
  • Reception area, two private offices, and a foreman’s office
  • Two street‑level doors and 20‑foot ceiling height

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,429
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,128,580 $1.1M
Cap Rate 7%
$806,129 $806.1K
Cap Rate 9%
$626,989 $627.0K
Market Conditions
NOI Build-Up for 5,227 SF
Gross rent
$85.3K $16.32/SF
− Vacancy
−$4.7K −$0.90/SF
EGI
$80.6K $15.42/SF
− OpEx
−$24.2K −$4.63/SF
NOI
$56.4K $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%
$1,128,580
Cap Rate 7%
$806,129
Cap Rate 9%
$626,989

Alternative Uses

Best Use
Flex RnD
$1.64M
$1.44M – $1.92M (±1% cap)
NOI $114,973 @ 7.0% cap · market cap 459,892.00%
Second Best
Warehouse
$978.9K
$856.5K – $1.14M (±1% cap)
NOI $68,521 @ 7.0% cap · market cap 274,084.00%
Theoretical Best
Office A
$2.65M
$2.32M – $3.09M (±1% cap)
NOI $185,631 @ 7.0% cap · market cap 742,524.00%
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

Flex space

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Restaurant Nursing Home Clothing & Fashion Store Veterinary Clinic

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,221
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Doral, FL

$321 Jul
$316 Aug
$253 Sep
$144 Oct

Properties on Market for Flex space in Doral

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Flying Food Group — 1650 NW 70th Ave, Miami, FL 33126
  • NomarMex — 1775 NW 70th Ave, Miami, FL 33126
  • Gate Gourmet — 1855 NW 70th Ave, Miami, FL 33126
  • El Rey de la Paella — 2718 NW 72nd Ave, Miami, FL 33122
  • This That & the Other Catering — 3201 NW 72nd Ave, Miami, FL 33122

Frequently Asked Questions

What type of property is this?
Flex space - A reception area, private offices, and warehouse showroom space support a flexible mix of office and operational functions.
Where is this flex space located?
The property is located at 3002 NW 79th Ave # 3002 Doral, FL.
What are key features of this property?
This property features: 5,227 square feet total, including 2,393 square feet of office area and 2,834 square feet of warehouse, bullpen, and showroom space; Reception area, two private offices, and a foreman’s office; Two street‑level doors and 20‑foot ceiling height
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