Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    South River Dr Medley, FL 33178

    View on Map
    Sponsored
    For Sale
    $750,000

    Industrial - Medley, FL

    Type:Industrial
    Lot size:
    0.39 Acres
    Days on Market:
    106
    Last Refresh:
    Mar 18 at 11:06 am

    Property Features for South River Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    Zoning
    7100
    APN
    22-20-33-001-0415
    Lot size
    0.39 Acres

    Utilities

    Water source
    Public
    Water front features
    River Front, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Danna McDonald

    Keller Williams Realty (954) 358-6000

    Listing agent Danna McDonald (954) 358-6000 License #0421707

    Listing date Dec 2, 2025

    MLS# A11897574 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Medley Industrial Land For Sale

    This vacant land, zoned M-1 for industrial use, offers direct views from Okeechobee Road, providing exposure for businesses. The property has multiple permitted uses. Currently, the land is being used for tenant parking for over-the-road transport drivers. The sale can be structured with or without the existing tenant, depending on the buyer's intended use. The property is located in Medley, Florida, within Miami-Dade County, and has a lot size of 0.39 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Medley
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3985
    Latitude
    25.8372

    Nearby Similar for Sale

    • New
      $1,200,000
      5,000 SF

      Turn-Key Food Manufacturing Facility

      Equipped food manufacturing facility for sauces, syrups, and liquid foods.
      NW 68Th St, Medley, FL 33166
      View Details
    • $3,500,000
      5,138 SF

      Turnkey Warehouse in Prime Location

      5,138 SF warehouse with commercial kitchen in Medley, Florida.
      8000 NW 68Th St, Medley, FL 33166
      View Details
    • $500,000

      Medley Warehouse For Sale

      Warehouse suitable for logistics, distribution, manufacturing, or e-commerce storage.
      8349 NW 64Th St, Medley, FL 33166
      View Details
    • $250,000

      Medley Business Opportunity For Sale

      Expanding business opportunity with licenses, vehicles, and equipment in Medley.
      7441 NW 72Nd Ave, Medley, FL 33166
      View Details
    • $1,750,000

      Medley Industrial Unit For Sale

      Tenant-occupied industrial unit with office space and warehouse area.
      12605 NW 115Th Ave, Medley, FL 33178
      View Details
    • $140,000

      Coffee Shop Business Opportunity

      Coffee shop for sale in Medley, Florida.
      8401 South River Dr, Medley, FL 33166
      View Details
    • $220,000

      Turnkey Event Company For Sale

      Fully licensed, operational event company with revenue in high-demand area.
      6901 NW 82Nd Ave, Medley, FL 33166
      View Details
    • $419,900

      Medley Warehouse Unit with Offices

      1,075 SF warehouse with offices in active industrial hub.
      10601 NW 122Nd St, Medley, FL 33178
      View Details
    • $35,000

      Medley Warehouse Business Opportunity

      Established cabinet business with equipment and materials included in sale.
      7913 NW 64Th St, Medley, FL 33166
      View Details
    • Contact for pricing

      Versatile Commercial Space with Warehouse

      2,740 sq ft commercial space with offices and warehouse.
      9960 NW 116Th Way, Medley, FL 33178
      View Details
    • $379,995
      Pending

      Versatile Commercial Property For Sale

      Commercial property featuring warehouse and office spaces in high-demand area.
      8315 NW 64Th St, Medley, FL 33166
      View Details
    • Contact for pricing

      Remodeled Office Space For Sale

      Remodeled office units for sale, centrally located with ample parking.
      7860 NW 71St St, Medley, FL 33166
      View Details

    FAQs

    What type of property is this?
    Industrial land - Vacant industrial land with M-1 zoning and Okeechobee Rd exposure.
    Where is this industrial land located?
    The property is located at South River Dr Medley, FL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Zoned M-1 for Industrial Use: Allows for a wide range of business and industrial activities.; - Direct Views from Okeechobee Rd: Offers excellent exposure and visibility for businesses.; - Multiple Permitted Uses: Provides flexibility for various development and business opportunities.
    (954) 358-6000
    Request Owner's contact information
    South River Dr Medley, FL 33178
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    South River Dr
    Medley, FL 33178
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    South River Dr Medley, FL 33178
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Danna McDonald
    Real Estate License ID: 0421707
    (954) 358-6000 (954) 609-1203
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!