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    1923 NW 82nd Ave 2156-2298 NW 82nd Ave Doral, FL 33122

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    Versatile flex spaces in Miami International Commerce Center.

    Type:Office, Industrial
    Property size:
    17,000 SF
    Lot size:
    7.60 Acres
    Added:
    Nov 16, 2019
    Days on Market:
    2360
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 1923 NW 82nd Ave 2156-2298 NW 82nd Ave

    General Information

    Standard status
    Active
    Size
    17,000 SF
    Lot size
    7.60 Acres
    Property subtype
    Office, Industrial

    Spaces For Lease

    at 1923 NW 82nd Ave 2156-2298 NW 82nd Ave Contact us

    Suite 2216 $28 /Mo

    Size
    2,480 SF
    Type
    Office, Industrial
    For more information or to schedule a tour please contact Amanda at 305-590-1111...
    show more
    Contact us

    Suite 2156 $26 /Mo

    Size
    1,700 SF
    Type
    Office, Industrial
    for more information or to schedule a tour please contact Amanda at 305-590-1111...
    show more
    Contact us

    Suite 2196 $28 /Mo

    Size
    1,700 SF
    Type
    Office, Industrial
    For more information or to schedule a tour please contact Amanda at 305-590-1111...
    show more
    Contact us

    Suite 2296 $26 /Mo

    Size
    1,700 SF
    Type
    Office, Industrial
    For more information or to schedule a tour please contact Amanda at 305-590-1111...
    show more
    Contact us

    Suite 2218 $28 /Mo

    Size
    1,334 SF
    Type
    Office, Industrial
    For more information or to schedule a tour please contact Amanda at 305-590-1111...
    show more
    Contact us

    Suite 2198 $28 /Mo

    Size
    1,700 SF
    Type
    Office, Industrial
    For more information or to schedule a tour please contact Amanda at 305-590-1111...
    show more
    Contact us

    Suite 2278 $27 /Mo

    Size
    1,700 SF
    Type
    Office, Industrial
    For more information or to schedule a tour please contact Amanda at 305-590-1111...
    show more
    Contact us
    Show more

    We can help!

    Listing Contact
    Amanda Miller

    Listing agent Amanda Miller License #FL 3259366

    Listing office Adler Properties - Doral Office

    Listing date Nov 16, 2019

    Source Crexi

    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 Adler Properties - Doral Office

    Overview

    MICC Flex Space Available

    Business Center II at MICC is a single-story, flex-class B industrial campus located at 2156–2214 NW 82nd Avenue within the Miami International Commerce Center (MICC). Constructed in 1988, the property encompasses approximately 55,440 square feet on a 7.6-acre site. It features versatile units suitable for office, showroom, and light industrial purposes. Each suite offers adaptable layouts, high ceilings (18 ft clear), and the capability for both drive-in and dock-high access, providing a blend of administrative and operational functionality. The property's location provides immediate proximity to key transportation arteries, Miami International Airport, SR-826 (Palmetto Expressway), SR-836 (Dolphin Expressway), and the Florida Turnpike, ensuring regional logistical connectivity. Available spaces range from approximately 1,700 sq ft to 17,000 sq ft, allowing businesses to scale as needed. The property offers strategic positioning and flexible space solutions tailored to modern commercial demands.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Auto Repair Shop Hair Salon Big Box & Wholesale Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • El Rey de la Paella — 2718 NW 72nd Ave, Miami, FL 33122
    • Flying Food Group — 1650 NW 70th Ave, Miami, FL 33126
    • NomarMex — 1775 NW 70th Ave, Miami, FL 33126
    • This That & the Other Catering — 3201 NW 72nd Ave, Miami, FL 33122
    • Gate Gourmet — 1855 NW 70th Ave, Miami, FL 33126

    Location Insight

    • Map
    • Local Demand
    City
    Doral
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3071
    Latitude
    25.7979

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    FAQs

    What type of property is this?
    Flex space - Versatile flex spaces in Miami International Commerce Center.
    Where is this flex space located?
    The property is located at 1923 NW 82nd Ave 2156-2298 NW 82nd Ave Doral, FL.
    What are key features of this property?
    This property features: Strategic location within Miami International Commerce Center (MICC) with immediate access to major transportation arteries: Miami International Airport, SR‑826, SR‑836, and the Florida Turnpike.; Versatile units suitable for office, showroom, and light industrial use with adaptable layouts.; High ceilings (18 ft clear) and both drive‑in and dock‑high access capabilities.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Amanda Miller
    Real Estate License ID: FL 3259366
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    1923 NW 82nd Ave| 2156-2298 NW 82nd Ave, Doral, FL 33122

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