Flex Space with Warehouse and
For Sale
$1,500,000
7025 NW 7th Ave, Miami, FL 33150
Flexible flex/warehouse layout with offices, racking, kitchen, and parking for small production or storage users.
Property Size4,000 SF
Price / SF$375
Days on Market104
Property Features for 7025 NW 7th Ave
General Information
Standard status
Active
Size
4,000 SF
Total Parking Spaces
5
Property subtype
Flex Space
Additional Details
Business Included
Yes
Highway Access
Yes
Office Units
3
Taxes and HOA fees
Annual Taxes
$7,268
Building Details
Building Size
4,000 SF
Year Built
1947
Listing Agency:
Compass Florida, LLC
Listed By:
Gerardo Gonzalez · License #3337841
(305) 964-8614
Source:
Casacollectiongroup
Added: Jun 8
Changed: Sep 12
Last Checked: Sep 19 at 10:25AM
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 Compass Florida, LLC
Investment Insights
Based on property information with market context.
This flex property combines private workspace with warehouse capacity. The layout includes three private offices, a large warehouse section with two-level racking systems, and an open floor plan suitable for coworking, production, or other work activities. A full kitchen is already in place for on-site convenience. The property also offers private parking for five cars, with additional space available next door if needed. The space was previously used as a light mechanic shop and can be adapted for manufacturing, storage, distribution, or office use. For users who need audio or studio space, three sound-treated studios are included with computers and audio systems.
The property is located at 7025 NW 7th Ave in Miami and is described as being just minutes from Downtown, with fast access to I-95.
This configuration supports tenant types that need both production or storage and dedicated work areas, including small manufacturers, logistics-focused teams, and office-based businesses seeking warehouse functionality. It also lends itself to shared workspace or creator-driven operations because the warehouse/open plan can support day-to-day work while the office and studio components provide more specialized environments.
The property is located at 7025 NW 7th Ave in Miami and is described as being just minutes from Downtown, with fast access to I-95.
This configuration supports tenant types that need both production or storage and dedicated work areas, including small manufacturers, logistics-focused teams, and office-based businesses seeking warehouse functionality. It also lends itself to shared workspace or creator-driven operations because the warehouse/open plan can support day-to-day work while the office and studio components provide more specialized environments.
Key Highlights
- Year built 1947 flex/warehouse space with offices and warehouse section
- Includes three private offices plus an open floor plan for coworking or production
- Warehouse features two‑level racking systems
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
$65,254
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
4.35%
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%
$1,305,080
$1.3M
Cap Rate 7%
$932,200
$932.2K
Cap Rate 9%
$725,044
$725.0K
Market Conditions
NOI Build-Up for 4,000 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
$80.6K $20.16/SF
− Vacancy
−$3.9K −$0.97/SF
EGI
$76.8K $19.19/SF
− OpEx
−$11.5K −$2.88/SF
NOI
$65.3K $16.31/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /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%
$1,305,080
Cap Rate 7%
$932,200
Cap Rate 9%
$725,044
Alternative Uses
Best Use
Warehouse
$932.2K
$815.7K – $1.09M
NOI $65,254 @ 7.0% cap · market cap 4.35%
Second Best
Flex RnD
$837.9K
$733.2K – $977.6K
NOI $58,656 @ 7.0% cap · market cap 3.91%
Theoretical Best
Specialty Retail
$2.70M
$2.36M – $3.15M
NOI $189,002 @ 7.0% cap · market cap 12.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Office units
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,408
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33150, FL
28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Lovelys In The City LLC — 1622 NW 62nd St, Miami, FL 33147
- Sidewalk Salads — 6003 NW 17th Ave, Miami, FL 33142
- Truly Delicious Baptiste Kitchen Catering — 750 NW 69th St, Miami, FL 33150
- Jerusalem Mama kosher — GARDEN INN, MIAMI BEACH, 148 NW 67th St STRILI, Miami, FL 33169
- MightyBSpots — 248 NW 69th St, Miami, FL 33150
Frequently Asked Questions
What type of property is this?
Flex space - Flexible flex/warehouse layout with offices, racking, kitchen, and parking for small production or storage users.
Where is this flex space located?
The property is located at 7025 NW 7th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Year built 1947 flex/warehouse space with offices and warehouse section; Includes three private offices plus an open floor plan for coworking or production; Warehouse features two‑level racking systems
