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    7761 107 Ave Doral, FL 33178

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    7761 107 Ave Doral, FL 33178

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    • Retail space
    • 23,900 SF
    For Lease
    $0.02 SF/Yr
    View Listing →
    Doral Retail Space: Prime Location For Lease
    $0.02 SF/Yr

    Doral Retail Space: Prime Location

    High-traffic Doral retail space available.

    Miami, FL 33178
    View Listing
    Property ID
    US18-8250348
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 7761 107 Ave

    Year built
    2016
    Construction
    CONCRETE
    Property size
    23,900 SF
    Property type
    Retail space
    APN
    35-3008-009-0115
    APU
    3530080090115

    Description

    Century Town Center, located at 7761 NW 107th Ave in Doral, Florida, 33178, offers exceptional retail space within Miami-Dade County's thriving Midtown Doral community. This eight-story building boasts a total of 70,000 square feet of retail space, with multiple tenancy options available. Individual spaces range from a minimum of 1,154 square feet to a maximum contiguous space of 3,191 square feet, providing flexibility for various business needs. Currently, 12,849 square feet of retail space is vacant and ready for immediate occupancy. The property sits on an eight-acre lot, offering ample parking and visibility. Its strategic location within Midtown Doral, a rapidly growing live-work-play community, provides unparalleled access to a large and diverse customer base. Midtown Doral's proximity to Miami International Airport (one mile away) further enhances its appeal as a prime commercial location. This vibrant community is recognized for its dynamic retail and entertainment offerings, making it an ideal location for businesses seeking high visibility and strong foot traffic. The building's eight stories provide a significant presence within the community. This opportunity presents a unique chance to establish a business in one of Florida's fastest-growing cities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,983,000
      Market price range: $7.74M - $11.4M
      AI Estimate
      $5,857,000
      Market price range: $1.01M - $9.63M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $9,780,000
      Current use
      MEDICAL BUILDING
      $10,495,000
      Change: +7% Conversion: Difficult
      WAREHOUSE, STORAGE
      $9,395,000
      Change: -4% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Doral
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3699
    Latitude
    25.844
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $163,223
    $0.00
    $0.00
    $7,308,000
    -
    $0.00
    $0.00
    $7,308,000

    Comparable in this City

    • Value Estimation
      $690,000
      1,972 SF

      6050 102nd Ave, Unit 302

      RETAIL STORES (PERSONAL SERVICES) • 1,972 SF
      6050 102nd Ave, Doral, FL 33178-4667
      View Details
    • Value Estimation
      $1,350,000
      2,346 SF

      6010 102nd Ave, Unit 100

      RETAIL STORES (PERSONAL SERVICES) • 2,346 SF
      6010 102nd Ave, Doral, FL 33178-4662
      View Details
    • Value Estimation
      $1,290,000
      2,393 SF

      6010 102nd Ave, Unit 102

      RETAIL STORES (PERSONAL SERVICES) • 2,393 SF
      6010 102nd Ave, Doral, FL 33178-4663
      View Details
    • Value Estimation
      $515,000
      2,390 SF

      6010 102nd Ave, Unit 107

      RETAIL STORES (PERSONAL SERVICES) • 2,390 SF
      6010 102nd Ave, Doral, FL 33178-4663
      View Details
    • Value Estimation
      $620,000
      1,969 SF

      6030 102nd Ave, Unit 203

      RETAIL STORES (PERSONAL SERVICES) • 1,969 SF
      6030 102nd Ave, Doral, FL 33178-4664
      View Details
    • Value Estimation
      $600,000
      1,966 SF

      6030 102nd Ave, Unit 210

      RETAIL STORES (PERSONAL SERVICES) • 1,966 SF
      6030 102nd Ave, Doral, FL 33178-4665
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Space in Doral Boulevard

      Retail space available in a 35,033 SF building.
      9525 Doral Blvd, Miami, FL 33178
      View Details
    • Contact for pricing
      156,165 SF

      Retail Space in Doral Square

      Three-level retail-garage in mixed-use project on Doral Boulevard.
      NW 36Th St, Doral, FL 33178
      View Details
    • Contact for pricing

      Retail Space in Doral

      1,400 SF retail space available in Doral, Florida.
      9690 NW 41St St, Doral, FL 33178
      View Details
    • $300,000

      Doral Retail Business Opportunity

      Profitable dry cleaning business in high-traffic Doral shopping center.
      11402 NW 41St St, Doral, FL 33178
      View Details
    • $519,000

      Doral Office and Retail Spaces

      Flexible office and retail spaces available for sale in Doral.
      7200 Nw 102Nd Ave, Doral, FL 33178
      View Details

    Similar Nearby for Lease

    • $50 SF/Yr

      Doral Freestanding Building Sublease Opportunity

      Freestanding building in Doral available for sublease until 2035.
      9400 NW 58Th St, Doral, FL 33178
      View Details
    • $60 SF/Yr
      4,500 SF

      Retail Space For Rent

      1,050 SF retail space available in Doral, Florida.
      9525-9615 NW 41St St, Doral, FL 33178
      View Details
    • $55 SF/Yr
      Pending

      Doral Retail Space Available

      Retail space in Doral, suitable for various business types.
      10201 NW 58Th St, Doral, FL 33178
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      2,500 SF retail space available in Doral, Florida.
      NW 87Th Ave, 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
    • $60 SF/Yr

      Doral Retail Space Available

      Move-in ready retail/service space in high-traffic Doral location.
      10015 NW 41St St, Doral, FL 33178
      View Details
    View Listing
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    7761 107 Ave
    Doral, FL 33178
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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.

    More about this property
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