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    Doral Warehouse with Office Space Title is generated by Realmo AI

    3530 NW 115th Avenue, Doral, FL 33178

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    For Sale
    $2,499,998

    COMMERCIAL - Doral, FL

    Property size:
    6,376 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $392/SF
    Added:
    Jan 21, 2026
    Days on Market:
    121
    Last Refresh:
    May 22 at 7:06 pm

    Property Features for 3530 NW 115th Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    7100
    Parking
    9
    Parking features
    Assigned
    Security features
    Security System
    Standard status
    Active
    APN
    3530300470040
    Size
    6,376 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    DORAL TRADE CENTER CONDO UNIT 3530 UNDIV 6.83% INT IN COMMON ELEMENTS OFF REC 26124-1203
    Tax Annual Amount
    22609

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2000
    Floors in Building
    2
    Flooring type
    Concrete
    Building materials
    CBS, Concrete Block - No Stucco
    Roof type
    Concrete

    We can help!

    Listing Contact
    Sergio Martins
    Sergio Martins

    Listing agent Sergio Martins License #3050412

    Listing office Compass Florida, LLC 1200 E Las Olas Blvd Ste 102, Miami Beach, FL

    Listing date Jan 21, 2026

    MLS# F10546762

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Excellent highway access to FL Turnpike and SR‑836.
    • 6,376 Sq. Ft. pristine warehouse space in Doral Trade Center.
    • Includes +/- 587 SF of office space and +/-550 SF of open office/showroom space.
    • 2 Dock Height Doors (7' 11'' Wide X 9'11'' High).
    • 20' Clearance Height.
    • 9 assigned parking spaces.

    Overview

    This 6,376 square foot warehouse is located in Doral Trade Center. The property includes approximately 587 square feet of office space and approximately 550 square feet of open office/showroom space. It features highway access with the Florida Turnpike adjacent and SR-836 quickly accessible. The unit has a private entrance on the ground floor with an open office/showroom and three offices on the mezzanine level. The warehouse has one bathroom and nine assigned parking spaces. It also features a 20-foot clearance height and two dock-height doors measuring 7 feet 11 inches wide by 9 feet 11 inches high. The property is zoned 7100 and sits on a 0.15-acre lot.

    Financial Insights

    Value Estimation Calculated for Office B

    Conservative
    $1.54M
    NOI $138,640 @ 9.00% cap · cautious / downside scenario
    Moderate
    $1.98M
    NOI $138,640 @ 7.00% cap · market / base-case scenario
    Aggressive
    $2.77M
    NOI $138,640 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
         Calculated for Office B

    Component $ $/SF
    Gross rent $244.8k $38.40
    − Vacancy −$60.0k −$9.41
    EGI $184.9k $28.99
    − OpEx −$46.2k −$7.25
    NOI $138.6k $21.74
    6,376 SF · lease $38.40/SF/yr · vacancy 24.50% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Office B
    $1.98M
    $1.73M – $2.31M (±1% cap)
    NOI $138,640 @ 7.0% cap · market cap 5.55%
    Second Best
    Warehouse
    $1.51M
    $1.32M – $1.76M (±1% cap)
    NOI $105,585 @ 7.0% cap · market cap 4.22%
    Theoretical Best
    Office A
    $3.23M
    $2.83M – $3.77M (±1% cap)
    NOI $226,437 @ 7.0% cap · market cap 9.06%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Auto Repair Shop Hair Salon Big Box & Wholesale Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Acco - Terramar — Beacon Trail, Doral, FL 33172
    • Triton LOGISTICS — 12200 NW 25th St #100, Miami, FL 33182
    • Concepts In Freight, Inc. — Doral, FL 33172, United States
    • ReadySpaces — 2900 NW 112th Ave, Doral, FL 33172
    • Iron Mountain — 12200 NW 25th St Ste 103, Miami, FL 33182

    Location Insight

    • Map
    • Local Demand
    City
    Doral
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3985
    Latitude
    25.8372

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    FAQs

    What type of property is this?
    Warehouse - Pristine warehouse with office space in Doral Trade Center.
    Where is this warehouse located?
    The property is located at 3530 NW 115th Avenue Doral, FL.
    What is the asking price?
    The asking price for this property is $2,499,998.
    What are key features of this property?
    This property features: Excellent highway access to FL Turnpike and SR‑836.; **6,376 Sq. Ft. pristine warehouse space** in Doral Trade Center.; Includes +/- 587 SF of office space and +/-550 SF of open office/showroom space.
    (786) 487-8527
    We can help!
    Listing Contact
    Sergio Martins
    Sergio Martins
    Real Estate License ID: 3050412
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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