Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    17304 Walker Ave Miami, FL 33157

    • Warehouses
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CENTRO DE BANCARROTA DE LOW COST DE MIAMI / Bankruptcy Attorney
    • South Florida Security Group / Security Guard Service / Security Service
    • Sheila Simms Watson-Miami Midwife / Midwife
    • Miriam M Maldonado, LM / Midwife / Birth Center
    • EDGE DESIGN MIAMI / Florist

    Property Details for 17304 Walker Ave

    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 500-square-foot flex space, located at 17304 Walker Ave #106 in Palmetto Bay, presents a fantastic opportunity for a small business. Situated just one block from US-1 in a thriving area, this single-tenant unit offers a blend of office and warehouse space, perfect for a variety of uses. The front features a small office with a window and glass door, providing a professional workspace. The rear warehouse boasts 12-foot ceilings, a bay door, and a garage-style entrance for convenient loading and unloading. Solid concrete ceilings, a private bathroom, and a clear separation between the office and warehouse areas enhance functionality and privacy. The property includes hurricane shutters and central air conditioning. This quiet complex offers ample parking. The rear of the warehouse is gated for added security. The lease terms include first, last, and security deposit, with a one-year lease and an option to renew. Monthly rent is $1175 plus tax. The zoning is 7100, and the APN is 30-50-32-062-0070. Note that mechanics are not permitted. Ideal uses include small distribution, artist studios, carpentry, plumbing, or storage.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Broward
    State
    Florida
    Longitude
    -80.3516
    Latitude
    25.6083

    Comparable in this City

    • Value Estimation by Request

      17304 Walker Ave

      Distribution properties
      17304 Walker Ave, Miami, FL 33157
      View Details
    • Value Estimation by Request

      18710 107Th Ave

      Distribution properties
      18710 107Th Ave, Cutler Bay, FL 33157
      View Details
    • Value Estimation by Request

      17304 Walker Ave

      Distribution properties
      17304 Walker Ave, Miami, FL 33157
      View Details
    • Value Estimation by Request

      MAK 319200 SW 106th Ave

      1,145 - 3,545 SF of Industrial Space Available in Miami, FL 33157
      19200 SW 106th Ave, Miami, FL 33157, Miami, FL 33157
      View Details
    • Value Estimation by Request

      18561 107Th Ave

      Flex space
      18561 107Th Ave, Cutler Bay, FL 33157
      View Details
    • Value Estimation by Request

      Maksanim, LLCMiami, FL 33157

      1,000 - 19,232 SF of Industrial Space Available
      10700-10736 SW 188th St Miami, FL 33157, Miami, FL 33157
      View Details

    Similar Nearby for Sale

    • $4,200,000
      17,734 SF

      Miami Industrial Multi-Tenant Property

      17,734 SF Warehouse, High ROI
      10401 186Th St, Miami, FL 33157
      View Details
    • $2,000,000

      Cutler Bay Commercial Land Investment

      Established Food Prep Center, High Income
      10455 185Th Ter, Cutler Bay, FL 33157
      View Details
    • Contact for pricing
      7,450 SF

      Miami Warehouse Condo Bays

      Two adjoining warehouse condo bays totaling 7,450 square feet.
      10338 SW 187Th St, Miami, FL 33157
      View Details
    • $4,050,000
      17,734 SF

      Multi-Tenant Industrial Property For Sale

      17,734 SF industrial property with flexible layout and month-to-month leases.
      10401-10409 SW 186Th St, Cutler Bay, FL 33157
      View Details
    • $530,000
      1,722 SF

      Cutler Bay Warehouse Condo

      1,722 SF warehouse condo in Cutler Bay, Florida.
      10837 SW 188Th St, Miami, FL 33157
      View Details
    • $975,000

      Palmetto Bay Commercial Condominium

      Income-producing commercial condominium in rapidly expanding Cutler Bay, Florida.
      10650 SW 186 Dr, Miami, FL 33157
      View Details

    Similar Nearby for Lease

    • $35 SF/Yr
      500 SF

      Prime Walker Ave Flex Space

      500 SF Flex Warehouse - Immediate Occupancy
      17304 Walker Ave, Miami, FL 33157
      View Details
    • $17 SF/Yr
      4,995 SF

      Cutler Bay Warehouse For Sale

      Single-tenant industrial warehouse, 5,000 sq ft.
      18625 105Th Ave, Cutler Bay, FL 33157
      View Details
    • $31 SF/Yr
      2,394 SF

      Prime Warehouse Space Available

      Spacious warehouse with office & retail space
      18710 107Th Ave, Cutler Bay, FL 33157
      View Details
    • Contact for pricing
      86,775 SF

      Cutler Bay Warehouse: 1600 SF

      Spacious industrial warehouse, immediate occupancy.
      10890 Quail Roost Dr, Cutler Bay, FL 33157
      View Details
    • $4,400 /Mo

      Cutler Bay Flex Warehouse Space

      3,206 SF flex warehouse in Cutler Bay available for lease.
      10674/10678 SW 186Th Ln, Cutler Bay, FL 33157
      View Details
    • $1,750 /Mo
      Pending

      Cutler Bay Warehouse For Rent

      Warehouse near US 1 and Florida Turnpike available for rent.
      18563 SW 104Th Ave, Cutler Bay, FL 33157
      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.
    17304 Walker Ave
    Miami, FL 33157
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.