Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5075 NW 79th Ave Doral, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    1.4-acre site with 8,507-SF industrial building.

    Type:LAND
    Lot size:
    1.40 Acres
    Added:
    Nov 25, 2022
    Days on Market:
    1246
    Last Refresh:
    Apr 5 at 11:04 pm

    Property Features for 5075 NW 79th Ave

    General Information

    Standard status
    Active
    Lot size
    1.40 Acres
    Property subtype
    LAND

    Properties For Sale

    at 5075 NW 79th Ave Contact us

    We can help!

    Listing Contact
    Robert Eckstein
    Robert Eckstein

    Listing agent Robert Eckstein License #BK618278

    Listing office NAI Miami - Corporate

    Listing date Nov 25, 2022

    Source Moodyscre

    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 NAI Miami - Corporate

    Overview

    Palmetto Expressway Frontage Land

    This 1.4-acre site fronts SR-826, also known as the Palmetto Expressway. Currently, the site is used as a heavy equipment sales and storage facility. An existing 8,507-SF industrial building will be delivered vacant. An easement provides access to SW 97th Avenue via a covenant running with the land.
    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 Dental Office Spa & Massage Center Law Firm Hair Salon Nail Salon Pharmacy Gym & Fitness Center Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Doral
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2962
    Latitude
    25.7786

    Nearby Similar for Sale

    • $325,000

      Doral Recording Studio Business

      Operational recording studio business for sale in Doral, Florida.
      2100 NW 99th Ave, Doral, FL 33172
      View Details
    • $360,000

      Doral Restaurant Business Opportunity

      Turn-key restaurant with equipment, furniture, inventory, and lease rights.
      58 ST, Doral, FL 33178
      View Details
    • $400,000

      Class A Corner Office Space

      Class A corner office in Doral's commercial corridor for sale.
      10450 NW 33rd St, Doral, FL 33172
      View Details
    • $499,000

      Doral Flex Industrial/Office Opportunity

      Two-story flex industrial/office space in Doral, near MIA Airport.
      2441 NW 93rd Ave, Doral, FL 33172
      View Details
    • $800,000

      Doral Office Investment Opportunity

      Two office condos in Doral, leased to long-term tenants.
      2400 NW 87th Pl, Doral, FL 33172
      View Details
    • $450,000

      Doral Auto Paint Shop Opportunity

      Luxury auto paint shop in Doral, fully equipped and operational.
      0000 NW 56, Doral, FL 33166
      View Details
    • $830,000

      Doral Office Space Opportunity

      Functional office space in Doral's business district.
      7791 NW 46th St, Doral, FL 33166
      View Details
    • $245,000

      Luxury Furniture Showroom in Doral

      High-end furniture showroom and interior design business in Doral, FL.
      10409 NW 41, Doral, FL 33178
      View Details
    • $849,000

      Doral Warehouse with Office Space

      Warehouse in Doral with office space and highway access.
      6010 NW 99th Ave, Doral, FL 33178
      View Details
    • $330,000

      Doral Boutique Commercial Office Space

      Modern office space in a prime Doral location.
      10450 NW 33rd St, Doral, FL 33172
      View Details
    • $620,000

      Warehouse with Offices in Doral

      Centrally located Doral warehouse with offices, suitable for various uses.
      5903 NW 102th ave, Doral, FL 33178
      View Details
    • $1,779,000

      Doral Warehouse Near Airport

      5,000 SF warehouse near Miami International Airport.
      8127 NW 29th St, Doral, FL 33122
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.4-acre site with 8,507-SF industrial building.
    Where is this commercial land located?
    The property is located at 5075 NW 79th Ave Doral, FL.
    What is the asking price?
    The asking price for this property is $9,000,000.
    What are key features of this property?
    This property features: Prime 1.4‑acre site directly fronting SR‑826 (Palmetto Expressway).; Existing 8,507‑SF industrial building will be delivered vacant.; Site is currently used as a heavy equipment sales and storage facility.
    (786) 367-3569 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Robert Eckstein
    Robert Eckstein
    Real Estate License ID: BK618278
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!