Corner Warehouse with
For Sale
Contact for pricing
8880-8888 NW 24th Ter, Doral, FL 33172
The property combines warehouse space with dedicated office area, indoor loading, and double-wide docks.
Property Size11,000 SF
Price / SF$227.27
Days on Market1352
Property Features for 8880-8888 NW 24th Ter
General Information
Standard status
Active
Size
11,000 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Office Build-Out
1,200 SF
Dock-High Doors
2
Additional Details
Road Access
Yes
Listing Agency:
Cornerstone International Realty
(305) 428-2708
Listed By:
Hector Cataño
Source:
Moodyscre
Added: Feb 1, 2023
Changed: Oct 2
Last Checked: Oct 14 at 11:34PM
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 Cornerstone International Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 11,000-square-foot warehouse property includes 1,200 square feet of office space, indoor loading, and double-wide docks. The corner-unit configuration supports access from two sides, while the listed ceiling height is 22”.
Located at 8880-8888 NW 24th Ter in Doral, the property sits on 25th Street next to 87th Avenue. Its corner position provides exposure along 25th Street, with the site arranged for warehouse and office functions within a single industrial asset.
Located at 8880-8888 NW 24th Ter in Doral, the property sits on 25th Street next to 87th Avenue. Its corner position provides exposure along 25th Street, with the site arranged for warehouse and office functions within a single industrial asset.
Key Highlights
- 11,000‑square‑foot warehouse property
- 1,200 square feet of office space
- Indoor loading area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$144,199
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,883,980
$2.9M
Cap Rate 7%
$2,059,986
$2.1M
Cap Rate 9%
$1,602,211
$1.6M
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$179.5K $16.32/SF
− Vacancy
−$9.9K −$0.90/SF
EGI
$169.6K $15.42/SF
− OpEx
−$25.4K −$2.31/SF
NOI
$144.2K $13.11/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,883,980
Cap Rate 7%
$2,059,986
Cap Rate 9%
$1,602,211
Alternative Uses
Best Use
Flex RnD
$3.46M
$3.02M – $4.03M
NOI $241,956 @ 7.0% cap · market cap 9.68%
Second Best
Warehouse
$2.06M
$1.80M – $2.40M
NOI $144,199 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$5.58M
$4.88M – $6.51M
NOI $390,653 @ 7.0% cap · market cap 15.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Dock-high doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,616
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33172, FL
43,911
Population
16,103
Households
2.7
Avg Household Size
42
Median Age
32%
College-Educated
75%
High-School Grad
6.4 sq mi
ZIP Area
6,861
Density / Sq Mi
$61,733
Median Household Income
$35,061
Median Earnings
$1,926
Median Rent
$260,200
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 South region
Similar Off Market Nearby
- Doral Cold Storage — 1375 NW 89th Ct, Doral, FL 33172
- A+ Mini Storage — doral, fl 33126
- Davie Self Storage — doral, fl 33126
- Stat Logistics — NW 14th St, Doral, FL 33122
- Two Marines Moving — 1460 NW 82nd Ave, Doral, FL 33126
Frequently Asked Questions
What type of property is this?
Warehouse - The property combines warehouse space with dedicated office area, indoor loading, and double-wide docks.
Where is this warehouse located?
The property is located at 8880-8888 NW 24th Ter Doral, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 11,000‑square‑foot warehouse property; 1,200 square feet of office space; Indoor loading area
