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Office Unit with Build-Out Flexibility
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For Sale
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540 NW 165th St Road, Miami, FL 33169

Open parking and electricity are included with the space.

Property Size1,250 SF
Price / SF$2.00
Days on Market6

Property Features for 540 NW 165th St Road

General Information

Standard status Active
Size 1,250 SF
Property subtype Unimproved Land

Additional Details

Condition Shell
Highway Access Yes
Property Use Office
Listing Agency: Beachfront Realty Inc
Listed By: George Hans Faehnle · License #3304829
Source: Lehmannflorida
Added: Oct 27 Changed: Nov 1 Last Checked: Nov 1 at 4:42AM

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 Beachfront Realty Inc

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 office unit offers approximately 1,250 square feet, with a build-out needed before occupancy. The layout can be customized, with the landlord willing to work with tenants on the planned configuration.

The property has open parking for occupants and visitors, convenient access to I-95, and is near a busy intersection with multiple businesses. Electricity is included.

Key Highlights

  • Approximately 1,250 square feet of office space
  • Build‑out required; layout can be customized with landlord collaboration
  • Open parking available for occupants and visitors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,859
Suggested Prices Based on Cap Rates
Cap Rate 5%
$717,180 $717.2K
Cap Rate 7%
$512,271 $512.3K
Cap Rate 9%
$398,433 $398.4K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$56.3K $45.00/SF
− Vacancy
−$8.4K −$6.75/SF
EGI
$47.8K $38.25/SF
− OpEx
−$12.0K −$9.56/SF
NOI
$35.9K $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%
$717,180
Cap Rate 7%
$512,271
Cap Rate 9%
$398,433

Alternative Uses

Best Use
Office B
$512.3K
$448.2K – $597.7K (±1% cap)
NOI $35,859 @ 7.0% cap · market cap 1,434.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$843.8K
$738.3K – $984.4K (±1% cap)
NOI $59,063 @ 7.0% cap · market cap 2,362.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Horeb Health Clinic ... Crisis Center Ngmbeauty LLC & Makeup ... Cosmetic Store LASHONOMY Hair Salon

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Locksmith Pet Store & Service

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

1,844
Businesses Nearby

Demographics for 33169, FL

42,308
Population
14,815
Households
2.9
Avg Household Size
37
Median Age
22%
College-Educated
85%
High-School Grad
6.8 sq mi
ZIP Area
6,222
Density / Sq Mi
$59,686
Median Household Income
$34,327
Median Earnings
$1,536
Median Rent
$352,800
Median Home Value

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Open parking and electricity are included with the space.
Where is this office unit located?
The property is located at 540 NW 165th St Road Miami, FL.
What are key features of this property?
This property features: Approximately 1,250 square feet of office space; Build‑out required; layout can be customized with landlord collaboration; Open parking available for occupants and visitors
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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