Cold Storage Warehouse with
For Sale
$1,620,000
Pending
9387 NW 13th St, Doral, FL 33172
Commercial Sale, Doral, FL
Property Size3,960 SF
Lot Size0.09 Acres
Days on Market74
Property Features for 9387 NW 13th St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
7700
Subdivision
30
Standard status
Pending
APN
35-30-33-025-0070
Lot size
0.09 Acres
Taxes and HOA fees
Tax Description
ALCP CONDO UNIT 7 UNDIV 10% INT IN COMMON ELEMENTS OFF REC 13849-411 OR 17548-498 0297 1 F/A/U 30-3033-025-0070
Tax Annual Amount
9403
Legal Description
ALCP CONDO UNIT 7 UNDIV 10% INT IN COMMON ELEMENTS OFF REC 13849-411 OR 17548-498 0297 1 F/A/U 30-3033-025-0070
Building Details
Year built
1988
Architectural style
Other
Listing Agency:
Excellence Worldwide Realty
(786) 778-2026
Listed By:
Eduardo Figuera · License #3122391
(786) 380-7075
Added: Jun 30
Changed: Sep 2
Last Checked: Sep 11 at 7:06PM
MLS# A12007664
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This warehouse property includes temperature-controlled storage along with features suited to distribution, storage, and light industrial operations. The facility has one dock-high loading door with ramp access, an 18-foot clear ceiling, a private entrance, and private restrooms.
Cold-storage areas include an approximately 810-square-foot freezer with capacity for approximately 40 pallets and an approximately 1,080-square-foot cooler with capacity for approximately 72 pallets. Built in 1988, the property is located at 9387 NW 13th St in Doral, within the Central Doral industrial submarket. The site offers access to major highways and Miami International Airport, supporting local and international logistics.
Cold-storage areas include an approximately 810-square-foot freezer with capacity for approximately 40 pallets and an approximately 1,080-square-foot cooler with capacity for approximately 72 pallets. Built in 1988, the property is located at 9387 NW 13th St in Doral, within the Central Doral industrial submarket. The site offers access to major highways and Miami International Airport, supporting local and international logistics.
Key Highlights
- Approximately 1,080 SF cooler with capacity for approximately 72 pallets
- Approximately 810 SF freezer with capacity for approximately 40 pallets
- 1 dock‑high loading door with ramp access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,912
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,038,240
$1.0M
Cap Rate 7%
$741,600
$741.6K
Cap Rate 9%
$576,800
$576.8K
Market Conditions
NOI Build-Up for 3,960 SF
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.
Gross rent
$64.6K $16.32/SF
− Vacancy
−$3.6K −$0.90/SF
EGI
$61.1K $15.42/SF
− OpEx
−$9.2K −$2.31/SF
NOI
$51.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,038,240
Cap Rate 7%
$741,600
Cap Rate 9%
$576,800
Alternative Uses
Best Use
Warehouse
$741.6K
$648.9K – $865.2K
NOI $51,912 @ 7.0% cap · market cap 3.20%
Second Best
Industrial
$610.7K
$534.4K – $712.5K
NOI $42,751 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,635 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
18 ft
Clear height
1
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,883
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
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Frequently Asked Questions
What type of property is this?
Warehouse - Configured for distribution, storage, and light industrial use with private access and restrooms.
Where is this warehouse located?
The property is located at 9387 NW 13th St Doral, FL.
What is the asking price?
The asking price for this property is $1,620,000.
What are key features of this property?
This property features: Approximately 1,080 SF cooler with capacity for approximately 72 pallets; Approximately 810 SF freezer with capacity for approximately 40 pallets; 1 dock‑high loading door with ramp access
