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8115 56th St Doral, FL 33166-4016

OFF-MARKET Industrial properties Google Maps
14,982 SF 0.9 ac lot Built 1985
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$5.10M
Range $4.59M – $5.61M (±10%)
Property ID US18-3415052

Property summary

AI-generated overview

This exceptional investment opportunity presents a fully leased, 11,620-square-foot freestanding warehouse situated on a substantial 38,994-square-foot lot in the thriving Doral, Florida market. The property boasts a single-story building with a 20-foot clear ceiling height, ideal for various industrial uses. The warehouse features eight oversized street-level loading doors, enhancing operational efficiency. Approximately 700 square feet of office space is included, providing ample administrative area. The building is constructed of concrete block construction (CBS) and secured by an automatic gate. The property benefits from three-phase power and is generator-ready, ensuring uninterrupted operations. The roof is new, minimizing maintenance concerns. Currently operating under a triple-net (NNN) lease, this property offers a stable income stream with seller financing available. The asking price is $5,250,000, translating to $451.81 per square foot. Located at 8115 NW 56th St, Doral, FL 33166, in Miami-Dade County, this industrial property is zoned for industrial use and represents a compelling investment prospect in a high-demand area. The property's size and features make it suitable for a variety of industrial tenants. The existing lease provides immediate cash flow, making this an attractive option for investors seeking a stable and profitable asset.

Property profile

Verified
Property type Industrial properties
Use group HEAVY INDUSTRIAL
Year built 1985
Construction CONCRETE
Total area 14,982 SF
Lot 0.9 ac (38,994 SF)
Zoning code 7600:INTENSIVE USE
APN 35-3022-000-0270
UPID US18-3415052

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.10M

Owner & transaction history

since 2024
Last sale
$5.1M
3 recorded transactions
2024
$5.1M
2022
Price N/A
2013
Price N/A

Zoning & alternative use

7600:INTENSIVE USE · Doral, FL
Top alternative use upside
Retail stores $7.6M +121.0%
Medical building $6.6M +91.4%
Neighborhood: shopping center $4.3M +25.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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