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Flex Space with Warehouse Use
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9-5141 Nw 79th Ave, Doral, FL

Vacant commercial space supports storage, distribution, light assembly, or a combined office and warehouse setup.

Property Size1,841 SF
Price / SF$1.74
Days on Market16

Property Features for 9-5141 Nw 79th Ave

General Information

Standard status Active
Size 1,841 SF
Listing Agency: Filardo Realty LLC
Listed By: Pierangelo Russo
Source: Exprealty
Added: Oct 6 Changed: Oct 21 Last Checked: Oct 21 at 2:03AM

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 Filardo Realty LLC

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Investment Insights

Based on property information with market context.

This vacant flex unit contains 1,841 square feet of commercial space. The stated use options include distribution, storage, light assembly, and a combined office and warehouse layout.

The property is within the View at Doral business park, a professionally managed complex with access to Doral’s commercial corridors and NW 79th Avenue.

Key Highlights

  • 1,841 SF of flex commercial space
  • Vacant unit in the View at Doral business park
  • Professionally managed complex

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,875
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,500 $397.5K
Cap Rate 7%
$283,929 $283.9K
Cap Rate 9%
$220,833 $220.8K
Market Conditions
NOI Build-Up for 1,841 SF
Gross rent
$30.0K $16.32/SF
− Vacancy
−$1.7K −$0.90/SF
EGI
$28.4K $15.42/SF
− OpEx
−$8.5K −$4.63/SF
NOI
$19.9K $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%
$397,500
Cap Rate 7%
$283,929
Cap Rate 9%
$220,833

Alternative Uses

Best Use
Flex RnD
$578.5K
$506.2K – $674.9K (±1% cap)
NOI $40,495 @ 7.0% cap · market cap 1,265.47%
Second Best
Warehouse
$344.8K
$301.7K – $402.2K (±1% cap)
NOI $24,134 @ 7.0% cap · market cap 754.19%
Theoretical Best
Office A
$934.0K
$817.3K – $1.09M (±1% cap)
NOI $65,381 @ 7.0% cap · market cap 2,043.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Location Intelligence

Trade Area within ½ mile

1,723
Businesses Nearby
Balanced
Demand for This Use

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

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Frequently Asked Questions

What type of property is this?
Flex space - Vacant commercial space supports storage, distribution, light assembly, or a combined office and warehouse setup.
Where is this flex space located?
The property is located at 9-5141 Nw 79th Ave Doral, FL.
What are key features of this property?
This property features: 1,841 SF of flex commercial space; Vacant unit in the View at Doral business park; Professionally managed complex
More about this property
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