Office-Warehouse Flex
For Sale
$1,295,000
Pending
7-12300 Sw 130th St, Miami, FL 33161
Ready-to-move flex space with office frontage and warehouse area, right off the new 128 St exit from the expressway.
Property Size2,770 SF
Days on Market228
Property Features for 7-12300 Sw 130th St
General Information
Standard status
Pending
Size
2,770 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$8,100
Listing Agency:
florida realty of miami corp
(305) 598-5488
Listed By:
Manuel Gutierrez · License #A11950852
(305) 244-8091
Source:
Exprealty
Added: Jan 20
Changed: Aug 27
Last Checked: Sep 4 at 12:38PM
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 florida realty of miami corp
Investment Insights
Based on property information with market context.
This flex space offers a practical office-and-warehouse combination, presented as ready to move in. The layout is designed to support business operations that need both work space and storage/industrial functionality, with office frontage connected to the warehouse area.
The property is located right off the new 128 St exit from the expressway, providing convenient access for employees, deliveries, and day-to-day operations. With a total of 2,770 square feet, it may suit users looking for a compact facility that maintains a visible office component alongside the warehouse.
The offering is for sale and includes the complete flex configuration as described, totaling 2,770 square feet.
The property is located right off the new 128 St exit from the expressway, providing convenient access for employees, deliveries, and day-to-day operations. With a total of 2,770 square feet, it may suit users looking for a compact facility that maintains a visible office component alongside the warehouse.
The offering is for sale and includes the complete flex configuration as described, totaling 2,770 square feet.
Key Highlights
- Ready‑to‑move flex space with office frontage and warehouse area
- Right off the new 128 St exit from the expressway
- 2770 total square feet
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
$79,464
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
6.14%
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%
$1,589,280
$1.6M
Cap Rate 7%
$1,135,200
$1.1M
Cap Rate 9%
$882,933
$882.9K
Market Conditions
NOI Build-Up for 2,770 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
$124.7K $45.00/SF
− Vacancy
−$18.7K −$6.75/SF
EGI
$106.0K $38.25/SF
− OpEx
−$26.5K −$9.56/SF
NOI
$79.5K $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 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%
$1,589,280
Cap Rate 7%
$1,135,200
Cap Rate 9%
$882,933
Alternative Uses
Best Use
Office B
$1.14M
$993.3K – $1.32M
NOI $79,464 @ 7.0% cap · market cap 6.14%
Second Best
Warehouse
$645.5K
$564.9K – $753.1K
NOI $45,188 @ 7.0% cap · market cap 3.49%
Theoretical Best
Specialty Retail
$1.87M
$1.64M – $2.18M
NOI $130,884 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33161, FL
53,015
Population
18,912
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
9,639
Density / Sq Mi
$55,265
Median Household Income
$34,311
Median Earnings
$1,494
Median Rent
$376,500
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Ready-to-move flex space with office frontage and warehouse area, right off the new 128 St exit from the expressway.
Where is this flex space located?
The property is located at 7-12300 Sw 130th St Miami, FL.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Ready‑to‑move flex space with office frontage and warehouse area; Right off the new 128 St exit from the expressway; 2770 total square feet
