Renovated Industrial Warehouse
8011-8011 Nw 29th Street Doral, FL 33122
New
8011-8011 Nw 29th Street, Doral, FL, 33122
$2,050,000
For Sale
$2,050,000
Move-in ready warehouse condominium with modern office space and fully air-conditioned warehouse improvements.
Property Size5,000 SF
Price / SF$410
Days on Market5
Property Features for 8011-8011 Nw 29th Street
General Information
- Standard status
- Active
- Size
- 5,000 SF
Listing Agency
Midtown Realty International
(305) 495-8138
Listed by
Daniel J Diaz
(305) 495-8138
Source
Exprealty
Added: Jul 14 Checked: Jul 18 at 2:09 am
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 Midtown Realty International
Investment Insights
Based on property information with market context.
This completely renovated industrial warehouse condominium is move-in ready and configured with approximately 1,600 SF of modern office/reception/showroom space plus 3,400 SF of fully air-conditioned warehouse area. Warehouse features include 20' clear ceiling height and a 14'H x 22'W motorized roll-up door, supported by both a concrete loading ramp and recessed dock-height loading.
Recent capital improvements include upgraded electrical service, newer HVAC systems, and a recently resealed roof. The property is described as being in the Airport West industrial market with access to major transportation corridors, including SR-826, SR-836, and Florida's Turnpike, and is located less than two miles from Miami International Airport.
The combination of updated office improvements, air-conditioned warehouse space, and flexible loading configuration supports a range of industrial operations, including logistics and aviation support, as outlined in the remarks.
Recent capital improvements include upgraded electrical service, newer HVAC systems, and a recently resealed roof. The property is described as being in the Airport West industrial market with access to major transportation corridors, including SR-826, SR-836, and Florida's Turnpike, and is located less than two miles from Miami International Airport.
The combination of updated office improvements, air-conditioned warehouse space, and flexible loading configuration supports a range of industrial operations, including logistics and aviation support, as outlined in the remarks.
Key Highlights
- ±5,000 SF industrial warehouse condominium with modern office/reception/showroom plus fully air‑conditioned warehouse space
- ±1,600 SF office/reception/showroom area and ±3,400 SF warehouse; warehouse has 20' clear ceiling height
- Warehouse features a 14'H x 22'W motorized roll‑up door plus both concrete loading ramp and recessed dock‑height loading
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $228.0k | $45.60 |
| − Vacancy | −$51.3k | −$10.26 |
| EGI | $176.7k | $35.34 |
| − OpEx | −$44.2k | −$8.84 |
| NOI | $132.5k | $26.51 |
5,000 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.89M
$1.66M – $2.21M
NOI $132,525 @ 7.0% cap · market cap 6.46%
Second Best
Flex RnD
$1.57M
$1.37M – $1.83M
NOI $109,980 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$2.54M
$2.22M – $2.96M
NOI $177,570 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Hamburgottis — 2007 NW 79th Ave, Miami, FL 33122
- Antojitos Venezolanos — 2228 NW 82nd Ave, Doral, FL 33122
- Tuvital — 2053 NW 79th Ave, Miami, FL 33122
- Basil Personal Chef — 1850 NW 84th Ave Ste 116, Doral, FL 33178
- Parties By Pat — 8000 NW 21st St, Doral, FL 33126
FAQs
What type of property is this?
Flex space - Move-in ready warehouse condominium with modern office space and fully air-conditioned warehouse improvements.
Where is this flex space located?
The property is located at 8011-8011 Nw 29th Street Doral, FL.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: ±5,000 SF industrial warehouse condominium with modern office/reception/showroom plus fully air‑conditioned warehouse space; ±1,600 SF office/reception/showroom area and ±3,400 SF warehouse; warehouse has 20' clear ceiling height; Warehouse features a 14'H x 22'W motorized roll‑up door plus both concrete loading ramp and recessed dock‑height loading
