Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3300 112Th Ave Doral, FL 33178

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3300 112Th Ave Doral, FL 33178

    View on Map
    • Industrial properties
    • 1,220 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

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

    Property Details for 3300 112Th Ave

    Year built
    2006
    Property size
    1,220 SF
    Property type
    Industrial properties
    Property subtype
    Flex space

    Description

    This exceptional investment opportunity presents a fully renovated 1,220-square-foot flex warehouse unit located within the Sakhil Center at Doral, in Miami-Dade County, Florida. Situated at 3300 NW 112th Ave, Doral, FL 33178, this Class B industrial property boasts a 20-foot ceiling height and one loading dock. Currently leased at $3,400 per month until November 30, 2025 (a one-year lease commencing November 1, 2024), this stabilized investment offers a strong net operating income (NOI) of $32,942. The unit features recent renovations including a new AC system, bathroom, flooring, and fresh paint. The asking price is $615,000, representing a compelling $504.10 per square foot and a 5.36% cap rate. The property includes a gross lease, with the tenant responsible for property taxes ($4,605 in 2024) and HOA fees ($185 monthly, covering roof, water, electric gate, and exterior lights) after the first year. Seller financing is available, making this an attractive opportunity for investors seeking a strong return with potential for future lease renegotiation. The single-story building was constructed in 2006. This is a single-tenant property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Doral
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.4327
    Latitude
    25.8434

    Comparable in this City

    • Value Estimation by Request

      10180 South River Dr

      Distribution properties
      10180 South River Dr, Medley, FL 33178
      View Details
    • Value Estimation by Request

      9262 101St St

      Distribution properties
      9262 101St St, Medley, FL 33178
      View Details
    • Value Estimation by Request

      10240 South River Dr

      Distribution properties
      10240 South River Dr, Medley, FL 33178
      View Details
    • Value Estimation by Request

      9384 102Nd St

      Distribution properties
      9384 102Nd St, Medley, FL 33178
      View Details
    • Value Estimation by Request

      9109 105Th Way

      Distribution properties
      9109 105Th Way, Medley, FL 33178
      View Details
    • Value Estimation by Request

      10655 122Nd St

      Flex space
      10655 122Nd St, Medley, FL 33178
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,875 SF

      Medley Flex Space For Sale

      4,875 SF flex space in Medley, Florida.
      12605 NW 115Th Ave, Medley, FL 33178
      View Details
    • Contact for pricing

      Office-Warehouse Space Near Turnpike

      Office-warehouse space with kitchenette, garage door, and parking.
      11467 NW 34Th St, Doral, FL 33178
      View Details
    • $1,400,000
      2,132 SF

      Doral Flex Warehouse For Sale

      Well-maintained flex warehouse with office space in prime Doral location.
      11443 NW 34Th St, Doral, FL 33178
      View Details
    • $1,750,000

      Medley Industrial Unit For Sale

      Tenant-occupied industrial unit with office space and warehouse area.
      12605 NW 115Th Ave, Medley, FL 33178
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Medley Flex Space with Office

      7,519 SF flex space with office in Medley.
      8800 NW 102Nd St, Medley, FL 33178
      View Details
    • Contact for pricing

      Premier Industrial Complex in Medley

      Functional warehouse space with excellent access to major transportation routes.
      8700 NW 100Th St, Medley, FL 33178
      View Details
    • $9,000 /Mo

      Medley Warehouse with Climate Control

      Turnkey 6,000 SF warehouse with 100% air conditioned space.
      12601 NW 115Th Ave, Medley, FL 33178
      View Details
    • $25 SF/Yr

      Medley Flex Space For Lease

      3,500 SF flex space available for lease in Medley.
      12601 NW 115Th Way, Medley, FL 33178
      View Details
    • $5,900 /Mo

      Doral Office-Warehouse Unit For Rent

      2,240 sq ft office-warehouse unit in Doral's business district.
      10171 NW 58Th St, Doral, FL 33178
      View Details
    • New
      $4,550 /Mo

      Doral Flex Space Available

      Versatile flex space in Doral North Business Center.
      10181 NW 58Th St, Doral, FL 33178
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3300 112Th Ave
    Doral, FL 33178
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!