End-Cap Flex Space with
For Sale
$1,350,000
8119 Nw 33rd St 8119, Doral, FL 33122
Office and warehouse areas are paired with three-phase power, two independent air-conditioning systems, and assigned parking.
Property Size3,381 SF
Price / SF$399.29
Days on Market10
Property Features for 8119 Nw 33rd St 8119
General Information
Standard status
Active
Size
3,381 SF
Total Parking Spaces
7
Zoning
7300
Site & Location
Neighborhood
Miami Free Zone
Warehouse & Industrial
Power
200 amps
Voltage
240 V
Three-Phase Power
Yes
Additional Details
Property Use
Office/Warehouse
Amenities
conference room
employee lounge
private shower
3381
7
Assigned,Guest
Building Details
Building Size
3,381 SF
Year Built
1972
Stories
1
Listing Agency:
Miami Commercial Real Estate, LLC
(786) 648-8799
Listed By:
Isabella Quinones
Source:
Iqrealestatellc
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 4:28PM
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 Miami Commercial Real Estate, LLC
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Investment Insights
Based on property information with market context.
This end-cap flex unit combines a substantial office buildout with warehouse space. The office portion includes a reception area, conference room, six private offices, an open work area, employee lounge, and supply room. The warehouse has a powered roll-up door, while two restrooms include one with a private shower. The stated office-to-warehouse ratio is approximately 68% to 32%, and the unit measures 3,381 square feet.
Electrical service is 240/120V, 200-amp, three-phase. Two independent air-conditioning systems serve the unit. Additional features include impact-rated windows, a storefront entry, and an insulated, hurricane-rated powered loading door. Seven assigned parking spaces are provided, with another space available at the rear roll-up door. The unit fronts the center’s shared guest parking lot. A 10-year structural recertification was completed in 2022.
Electrical service is 240/120V, 200-amp, three-phase. Two independent air-conditioning systems serve the unit. Additional features include impact-rated windows, a storefront entry, and an insulated, hurricane-rated powered loading door. Seven assigned parking spaces are provided, with another space available at the rear roll-up door. The unit fronts the center’s shared guest parking lot. A 10-year structural recertification was completed in 2022.
Key Highlights
- 3,381‑square‑foot end‑cap flex unit with an approximately 68% office / 32% warehouse ratio
- Reception, conference room, 6 private offices, open office area, employee lounge, and supplies room
- Warehouse area with insulated, hurricane‑rated powered roll‑up loading door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,368
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,487,360
$1.5M
Cap Rate 7%
$1,062,400
$1.1M
Cap Rate 9%
$826,311
$826.3K
Market Conditions
NOI Build-Up for 3,381 SF
Gross rent
$121.7K $36.00/SF
− Vacancy
−$7.3K −$2.16/SF
EGI
$114.4K $33.84/SF
− OpEx
−$40.0K −$11.84/SF
NOI
$74.4K $22.00/SF
Area
Miami-Dade County, FL
Vacancy
6.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,487,360
Cap Rate 7%
$1,062,400
Cap Rate 9%
$826,311
Alternative Uses
Best Use
Flex RnD
$1.06M
$929.6K – $1.24M
NOI $74,368 @ 7.0% cap · market cap 5.51%
Second Best
Warehouse
$633.2K
$554.0K – $738.7K
NOI $44,322 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,073 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
5,062
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 33122, FL
2,126
Population
901
Households
2.4
Avg Household Size
35
Median Age
62%
College-Educated
85%
High-School Grad
2.4 sq mi
ZIP Area
886
Density / Sq Mi
$83,152
Median Household Income
$50,984
Median Earnings
$2,437
Median Rent
$1,284,700
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas are paired with three-phase power, two independent air-conditioning systems, and assigned parking.
Where is this flex space located?
The property is located at 8119 Nw 33rd St 8119 Doral, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 3,381‑square‑foot end‑cap flex unit with an approximately 68% office / 32% warehouse ratio; Reception, conference room, 6 private offices, open office area, employee lounge, and supplies room; Warehouse area with insulated, hurricane‑rated powered roll‑up loading door
