Warehouse with Dock-High
10302 S River Drive, Medley, FL 33178
For Sale
Contact for pricing
A compact office component complements the warehouse space, with access to major expressways nearby.
Property Size6,397 SF
Price / SF$0.00
Days on Market27
Property Features for 10302 S River Drive
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Warehouse & Industrial
Clear Height
Office Build-Out
Dock-High Doors
Additional Details
Tenant in Place
Building Details
Year Built
Building Size
Listing Agency:
Parvani Commercial Group
Listed By:
Ratna Parvani · License #0606362
(305) 477-2084
Source:
Lehmannflorida
Added: Oct 12
Changed: Nov 6
Last Checked: Nov 6 at 3:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Parvani Commercial Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,397-square-foot warehouse includes 600 square feet of office space, four dock-high doors, and an 18-foot ceiling. The building dates to 1995 and has ample parking. The property is institutionally owned and managed.
The site is close to the Florida Turnpike and Dolphin Expressway. The space is subleased through December 31, 2028.
The site is close to the Florida Turnpike and Dolphin Expressway. The space is subleased through December 31, 2028.
Key Highlights
- 6,397 square feet total, including 600 square feet of office space
- Four dock‑high doors
- 18‑foot ceiling height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,932
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,118,640
$2.1M
Cap Rate 7%
$1,513,314
$1.5M
Cap Rate 9%
$1,177,022
$1.2M
Market Conditions
NOI Build-Up for 6,397 SF
Gross rent
$130.5K $20.40/SF
− Vacancy
−$5.9K −$0.92/SF
EGI
$124.6K $19.48/SF
− OpEx
−$18.7K −$2.92/SF
NOI
$105.9K $16.56/SF
Area
ZIP 33178
Vacancy
4.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,118,640
Cap Rate 7%
$1,513,314
Cap Rate 9%
$1,177,022
Alternative Uses
Best Use
Warehouse
$1.51M
$1.32M – $1.77M
NOI $105,932 @ 7.0% cap · market cap 481,509.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.25M
$2.84M – $3.79M
NOI $227,183 @ 7.0% cap · market cap 1,032,650.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
18 ft
Clear height
4
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 33178, FL
65,487
Population
21,931
Households
3
Avg Household Size
37
Median Age
55%
College-Educated
86%
High-School Grad
61.1 sq mi
ZIP Area
1,072
Density / Sq Mi
$91,338
Median Household Income
$41,710
Median Earnings
$2,609
Median Rent
$499,300
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Medley, FL
Properties on Market for Warehouses in Medley
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - A compact office component complements the warehouse space, with access to major expressways nearby.
Where is this warehouse located?
The property is located at 10302 S River Drive Medley, FL.
What are key features of this property?
This property features: 6,397 square feet total, including 600 square feet of office space; Four dock‑high doors; 18‑foot ceiling height
