Updated May 12, 2025
11850 Doral FL LLC And Thomas Fergus Trust Acquires Commercial Property In Doral For $41.86M
11850 NW 22nd St, Miami, FL, USA
$41,860,000
$728/SF
Building Size
57,431 SF
Asset Type
Commercial
Closing
Jul 26, 2020
About this deal
AI
The property asset involved in this transaction is a commercial property located at 11850 NW 22nd St., Doral. It encompasses a total square footage of 57,431 and spans across 12.6 acres. The sale was finalized for a transaction amount of $41,860,000, which results in a price per square foot of $729 and a price per acre of $3,322,222.
Summary of transation details:
- Property Type: Commercial
- Transaction Amount: $41,860,000
- Address: 11850 NW 22nd St.
- Market: Doral
- Square Footage: 57,431
- Sale Price per Square Foot: $729
- Acres: 12.6
- Price per Acre: $3,322,222
- Buyer: 11850 Doral FL LLC - Nadejda Petrova; Thomas Fergus Trust LLC - Thomas Fergus
- Seller: Philips J. Wilson - RealtyLink Development
The key individuals involved in this transaction include Nadejda Petrova representing 11850 Doral FL LLC and Thomas Fergus representing Thomas Fergus Trust LLC as buyers. Philips J. Wilson acted as the seller, representing RealtyLink Development in this transaction.
Players
Miami Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93