Industrial Office/Warehouse
12601 NW 115th Ave Medley, FL 33178
12601 NW 115th Ave, Medley, FL, 33178
$4,700,000
For Sale
$4,700,000
COMMERCIAL - Medley, FL
Property Size11,418 SF
Lot Size0.26 Acres
Price / SF$411.63
Days on Market45
Property Features for 12601 NW 115th Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 14
- Standard status
- Active
- APN
- 22-20-30-026-0140
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Description
- FIRST INDUSTRIAL COMMERCE CENTER CONDO UNIT A-114 UNDIV 9.23% INT IN COMMON ELEMENTS OFF REC 26149-2851
Building Details
- Year built
- 2007
- Floors in Building
- 2
- Building materials
- Block
- Roof type
- Metal, Concrete
Listing agency
Trajan Commercial Real Estate
(786) 432-0551
Listed by
Claudia Splinter · License #3285524
(305) 482-1118
Added: Jun 8 Updated: Jun 30 at 8:36PM Checked: Jul 22 at 7:06PM
MLS# A12018638
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Industrial office/warehouse condominium Unit A-114 in First Industrial Commerce Center, built in 2007. The space includes a warehouse area with approximately 7 offices, a conference room, reception area, showroom, kitchenette, mezzanine, and 3 restrooms. Warehouse clear heights are approximately 20'–22', supported by a reinforced concrete tilt-wall construction. Loading includes 1 dock-high loading door and 1 concrete rear ramp with rear-loaded access, along with gated truck court operations. Tenant comfort and safety features noted include hurricane impact-resistant glass, emergency lighting, and exterior signage availability.
The unit provides secure, gated access and is supported by truck circulation designed for service and deliveries. The property includes 14 assigned parking spaces plus additional visitor parking. Connectivity is described as immediate access to Florida’s Turnpike and proximity to SR-826, Okeechobee Road, and I-75, supporting regional movement throughout Miami-Dade and Broward County.
Zoned M-1 Light Manufacturing Industrial/Commercial District, the property is described as suitable for a range of logistics and industrial showroom-office operations, including warehousing, distribution, import/export, light manufacturing, and showroom/office use. The listing also notes 3-phase heavy power service (200 Amps | 120/480 Volts | 4-wire service), which may support a variety of warehouse and light industrial requirements.
The unit provides secure, gated access and is supported by truck circulation designed for service and deliveries. The property includes 14 assigned parking spaces plus additional visitor parking. Connectivity is described as immediate access to Florida’s Turnpike and proximity to SR-826, Okeechobee Road, and I-75, supporting regional movement throughout Miami-Dade and Broward County.
Zoned M-1 Light Manufacturing Industrial/Commercial District, the property is described as suitable for a range of logistics and industrial showroom-office operations, including warehousing, distribution, import/export, light manufacturing, and showroom/office use. The listing also notes 3-phase heavy power service (200 Amps | 120/480 Volts | 4-wire service), which may support a variety of warehouse and light industrial requirements.
Key Highlights
- Industrial office/warehouse condominium, Unit A‑114, built in 2007, with +/-11,418 SF total space.
- Warehouse features 20'-22' clear ceiling heights, 1 dock‑high loading door, and 1 concrete rear ramp with rear‑loaded access.
- Secure gated truck court with rear‑loaded access and truck circulation for efficient loading and operations.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $411.0k | $36.00 |
| − Vacancy | −$24.7k | −$2.16 |
| EGI | $386.4k | $33.84 |
| − OpEx | −$135.2k | −$11.84 |
| NOI | $251.2k | $22.00 |
11,418 SF · lease $36.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$3.59M
$3.14M – $4.19M
NOI $251,150 @ 7.0% cap · market cap 5.34%
Second Best
Office B
$3.55M
$3.10M – $4.14M
NOI $248,273 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$5.79M
$5.07M – $6.76M
NOI $405,498 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- La Cocina de Cesar — 6141 NW 115th Pl APT 358, Doral, FL 33178
FAQs
What type of property is this?
Flex space - Condo unit with warehouse and office/showroom buildout, dock-high door, rear ramp, and secure gated truck court.
Where is this flex space located?
The property is located at 12601 NW 115th Ave Medley, FL.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: Industrial office/warehouse condominium, Unit A‑114, built in 2007, with +/-11,418 SF total space.; Warehouse features 20'-22' clear ceiling heights, 1 dock‑high loading door, and 1 concrete rear ramp with rear‑loaded access.; Secure gated truck court with rear‑loaded access and truck circulation for efficient loading and operations.
