Doral Warehouse with 36'
For Sale
Contact for pricing
6371 SW 102nd St, Doral, FL
8,000 SF warehouse with rear-load configuration near major highways.
Property Size8,000 SF
Lot Size4.82 Acres
Price / SF$387.50
Days on Market343
Property Features for 6371 SW 102nd St
General Information
Standard status
Active
Size
8,000 SF
Lot size
4.82 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Cornerstone International Realty
(305) 428-2708
Listed By:
Hector Cataño
Source:
Moodyscre
Added: Sep 24, 2025
Changed: Aug 22
Last Checked: Aug 31 at 2:35AM
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 Cornerstone International Realty
Investment Insights
Based on property information with market context.
This 8,000 square foot warehouse property features a rear-load configuration and a clear height of 36 feet. It is equipped with 3 dock-high doors. The property is strategically located near major highways and logistics hubs in Doral, Florida.
Key Highlights
- 36' clear height, ideal for maximizing storage and operational efficiency.
- Strategically located near major highways and logistics hubs, offering seamless connectivity.
- Features a rear‑load configuration for efficient loading and unloading.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$104,872
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,097,440
$2.1M
Cap Rate 7%
$1,498,171
$1.5M
Cap Rate 9%
$1,165,244
$1.2M
Market Conditions
NOI Build-Up for 8,000 SF
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.
Gross rent
$130.6K $16.32/SF
− Vacancy
−$7.2K −$0.90/SF
EGI
$123.4K $15.42/SF
− OpEx
−$18.5K −$2.31/SF
NOI
$104.9K $13.11/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,097,440
Cap Rate 7%
$1,498,171
Cap Rate 9%
$1,165,244
Alternative Uses
Best Use
Warehouse
$1.50M
$1.31M – $1.75M
NOI $104,872 @ 7.0% cap · market cap 3.38%
Second Best
Industrial
$1.23M
$1.08M – $1.44M
NOI $86,365 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$4.06M
$3.55M – $4.74M
NOI $284,112 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,512
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- A+ Storage — 9901 NW 58th St, Doral, FL 33178
- Kasman Corporation Warehouse — 5900 NW 102nd Ave, Doral, FL 33178
- Value Store It Self Storage — 5900 NW 102nd Ave, Doral, FL 33178, United States
- J and D Parking Storage — 6100 NW 97th Ave, Doral, FL 33178
- Johnson Storage & Moving Co — 6451 NW 102nd Ave Suite 2, Doral, FL 33178
Frequently Asked Questions
What type of property is this?
Warehouse - 8,000 SF warehouse with rear-load configuration near major highways.
Where is this warehouse located?
The property is located at 6371 SW 102nd St Doral, FL.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 36' clear height, ideal for maximizing storage and operational efficiency.; Strategically located near major highways and logistics hubs, offering seamless connectivity.; Features a rear‑load configuration for efficient loading and unloading.
