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    1693 97 Ave Doral, FL 33172

    For Sale
    $1,200,000

    2,886 SF Warehouse, Ideal for 1031 Exchange

    Property size:
    2,886 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A warehouse, located at 1693 NW 97th Ave #5 in Doral, Florida, offers 2,886 square feet of versatile space, perfect for a variety of industrial or retail uses. Built in 2003, this single-story building features a 20-foot ceiling height, one loading dock, and four assigned parking spaces. The property boasts a concrete mezzanine adding approximately 636 square feet of additional space. High-impact windows and doors enhance security and natural light. The unit's strategic corner location provides excellent ventilation with doors on three sides. Zoned 7700, the property is suitable for light manufacturing. Its prime location on a busy Doral road offers exceptional visibility and accessibility, situated approximately 1.5 miles from major highways including the 836, 826, and Florida Turnpike. The asking price is $1,200,000, with a pro-forma NOI of $6,000 and a pro-forma cap rate of 0.50%. The property is available immediately and is suitable for a 1031 exchange. This is a rare opportunity to acquire a well-maintained, strategically located warehouse in a thriving area of Doral. The property includes one restroom and an office/storage room. Previous tenant utilized the space for automotive window film installation and related services.

    Property Features for 1693 97 Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    2,886 SF
    Class
    A

    Building Details

    Year Built
    2003
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Ideal location on a main road in Doral, FL, offering excellent visibility and accessibility.
    • Corner unit with doors on three sides, providing exceptional ventilation.
    • Features a concrete mezzanine adding approximately 636 square feet.
    • High‑impact windows and doors enhance security and natural light.
    • Includes four assigned parking spaces.
    • Immediately available for occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    K & B Home ... Furniture Store 305 Luxury Detailing Car Detailing Service 305 Luxury Auto Body Shop Tire express Tire Shop

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Auto Repair Shop Hair Salon Wholesale Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Doral
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3524534
    Latitude
    25.7895633

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    FAQs

    What type of property is this?
    Distribution property - 2,886 SF Warehouse, Ideal for 1031 Exchange
    Where is this distribution property located?
    The property is located at 1693 97 Ave Doral, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Ideal location on a main road in Doral, FL, offering excellent visibility and accessibility.; Corner unit with doors on three sides, providing exceptional ventilation.; Features a concrete mezzanine adding approximately 636 square feet.
    Request Owner's contact information
    1693 97 Ave Doral, FL 33172
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    1693 97 Ave Doral, FL 33172
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