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Flex Space with Loading Dock
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8311 NW 64th Street #2, Doral, FL 33166

Warehouse and office space includes air conditioning, a kitchenette, and access to common parking.

Property Size1,100 SF
Price / SF$2.50
Days on Market5

Property Features for 8311 NW 64th Street #2

General Information

Standard status Active
Size 1,100 SF
Total Parking Spaces 2
Property subtype Industrial

Warehouse & Industrial

Dock-High Doors 1
Conditioned Warehouse Yes

Additional Details

Property Use Warehouse and Office

Building Details

Year Built 1985
Listing Agency: Alaez & Associates, Inc.
Listed By: Maria Del Carmen Franco · License #3338226
Source: Lehmannflorida
Added: Oct 26 Changed: Oct 29 Last Checked: Oct 28 at 5:59AM

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 Alaez & Associates, Inc.

Rey
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Investment Insights

Based on property information with market context.

This 1,100-square-foot flex property combines warehouse and office space, with air conditioning, one bathroom, and a kitchenette. A loading dock supports receiving, and the unit has two parking spaces along with access to common parking areas. The building dates to 1985.

The property is in Doral’s warehouse district, minutes from Miami International Airport and its cargo facilities.

Key Highlights

  • 1,100 square feet of warehouse and office space
  • One loading dock
  • Two parking spaces, plus common parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,875
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,500 $237.5K
Cap Rate 7%
$169,643 $169.6K
Cap Rate 9%
$131,944 $131.9K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$18.0K $16.32/SF
− Vacancy
−$987 −$0.90/SF
EGI
$17.0K $15.42/SF
− OpEx
−$5.1K −$4.63/SF
NOI
$11.9K $10.80/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,500
Cap Rate 7%
$169,643
Cap Rate 9%
$131,944

Alternative Uses

Best Use
Flex RnD
$345.7K
$302.5K – $403.3K (±1% cap)
NOI $24,196 @ 7.0% cap · market cap 879.85%
Second Best
Warehouse
$206.0K
$180.3K – $240.3K (±1% cap)
NOI $14,420 @ 7.0% cap · market cap 524.36%
Theoretical Best
Office A
$558.1K
$488.3K – $651.1K (±1% cap)
NOI $39,065 @ 7.0% cap · market cap 1,420.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Veterinary Clinic Butcher Tanning Salon Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Dock-high doors

Location Intelligence

Trade Area within ½ mile

3,037
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33166, FL

26,106
Population
10,838
Households
2.4
Avg Household Size
41
Median Age
42%
College-Educated
83%
High-School Grad
7.9 sq mi
ZIP Area
3,305
Density / Sq Mi
$78,166
Median Household Income
$39,744
Median Earnings
$1,766
Median Rent
$489,200
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Taste of Style Catering - Ballroom — 4747 NW 79th Ave, Miami, FL 33166
  • Gourmet Concepts — 5231 Geneva NW 48th Way, Doral, FL 33166
  • Funky Lab 305 — 5149 NW 74th Ave, Miami, FL 33166
  • Green Meals — 7415 NW 54th St, Miami, FL 33166
  • Aaron's Catering — 9605 NW 79th Ave, Hialeah Gardens, FL 33016

Frequently Asked Questions

What type of property is this?
Flex space - Warehouse and office space includes air conditioning, a kitchenette, and access to common parking.
Where is this flex space located?
The property is located at 8311 NW 64th Street #2 Doral, FL.
What are key features of this property?
This property features: 1,100 square feet of warehouse and office space; One loading dock; Two parking spaces, plus common parking
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Includes: Price & PSF · Cap rate · Location · Zoning

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