Flex Space with Office
For Sale
Contact for pricing
3425 NW 73rd Ave, Miami, FL 33122
The existing office configuration can be adapted for warehouse use.
Property Size4,890 SF
Lot Size0.35 Acres
Price / SF$0.00
Days on Market142
Property Features for 3425 NW 73rd Ave
General Information
Standard status
Active
Size
4,890 SF
Total Parking Spaces
20
Lot size
0.35 Acres
Property subtype
Flex Space
Additional Details
Condition
Built-Out
Property Use
Office
Building Details
Building Size
4,890 SF
Year Built
1990
Buildings
1
Listing Agency:
Emporio Real Estate
Listed By:
Ari Banegas · License #3242158
(305) 989-9794
Source:
Emporiore
Added: Jun 10
Changed: Oct 27
Last Checked: Oct 27 at 3:35AM
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 Emporio Real Estate
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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 4,890-square-foot flex property has an office buildout and occupies a 15,354-square-foot lot. The building may be reconfigured for warehouse use, and the site includes 15-20 parking spaces.
The property is on NW 73rd Ave in Miami, just south of NW 36th St in Airport West. Built in 1990, it offers a mix of existing office space and potential warehouse configuration.
The property is on NW 73rd Ave in Miami, just south of NW 36th St in Airport West. Built in 1990, it offers a mix of existing office space and potential warehouse configuration.
Key Highlights
- 4,890 SF building on a 15,354 SF lot
- Existing office buildout; warehouse conversion is possible
- 15‑20 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,695
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,313,900
$1.3M
Cap Rate 7%
$938,500
$938.5K
Cap Rate 9%
$729,944
$729.9K
Market Conditions
NOI Build-Up for 4,890 SF
Gross rent
$98.6K $20.16/SF
− Vacancy
−$4.7K −$0.97/SF
EGI
$93.9K $19.19/SF
− OpEx
−$28.2K −$5.76/SF
NOI
$65.7K $13.43/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,313,900
Cap Rate 7%
$938,500
Cap Rate 9%
$729,944
Alternative Uses
Best Use
Flex RnD
$1.02M
$896.3K – $1.20M
NOI $71,707 @ 7.0% cap · market cap 341,461.90%
Second Best
Industrial
$938.5K
$821.2K – $1.09M
NOI $65,695 @ 7.0% cap · market cap 312,833.33%
Theoretical Best
Specialty Retail
$3.30M
$2.89M – $3.85M
NOI $231,055 @ 7.0% cap · market cap 1,100,261.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,948
Businesses Nearby
Well-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Miami, FL
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- This That & the Other Catering — 3201 NW 72nd Ave, Miami, FL 33122
Frequently Asked Questions
What type of property is this?
Flex space - The existing office configuration can be adapted for warehouse use.
Where is this flex space located?
The property is located at 3425 NW 73rd Ave Miami, FL.
What are key features of this property?
This property features: 4,890 SF building on a 15,354 SF lot; Existing office buildout; warehouse conversion is possible; 15‑20 parking spaces
