8940 24Th TerDoral, FL 33172

  • Industrial properties
  • 51,122 SF
For Lease

Property Details for 8940 24Th Ter

Year built
1982
Construction
CONCRETE
Lot size
5.05 AC
Property size (Sq ft)
51,122 SF
Zone code
7600:INTENSIVE USE
Property type
Industrial properties
Property subtype
Other warehouses
APN
35-3033-007-0010
APU
3530330070010

Description

This exceptional 8,680-square-foot flex space in Doral, Florida, offers a unique blend of warehouse and office functionality. Situated on a 5.05-acre lot, this single-story building boasts 20-foot ceilings, providing ample vertical space for storage or high-volume operations. The property includes 2,500 square feet of office space, featuring a large open area ideal for a showroom, plus private offices, and three restrooms (two in the office, one in the warehouse). A convenient kitchenette is also included. The warehouse area encompasses 6,180 square feet and benefits from two dock-high loading doors. Built in 1982 and renovated in 2018, the property is zoned for warehouse and storage use (4837 WAREHOUSE TERMINAL OR STG : WAREHOUSE OR STORAGE) and offers 17 total parking spaces, a ratio of approximately two spaces per 1,000 square feet. The building's total square footage is 50,485, with a minimum divisible space of 8,680 square feet. Its strategic location on NW 24th Terrace in Doral provides excellent visibility and accessibility, being just three miles from Miami International Airport and twelve miles from the Port of Miami. The property enjoys proximity to numerous restaurants, hotels, and shopping centers, enhancing its appeal and convenience. The 200 amp/120-240v 3-phase power supply ensures sufficient electrical capacity for various business needs. This property presents a compelling opportunity for businesses seeking a versatile and well-located industrial space in the thriving Doral market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,590,462
    Hospitality
    $15,196,774
    Educational
    $12,643,537
    Medical
    $13,078,368
    Retail
    $19,667,724
8940 24Th Ter, Doral, Florida

Location Insight

City
Doral
County
Miami-dade
State
Florida
Latitude
25.7959
Longitude
-80.3419
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
$203,259
$6,604,020
$8,519,980
$15,124,000
-
$6,604,020
$8,519,980
$15,124,000

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