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Warehouse with Dock-High Loading

10302 NW South River Dr, Medley, FL 33178

For Sale
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Office space and access to the Florida Turnpike and Dolphin Expressway complement the warehouse configuration.

Property Size6,397 SF
Price / SF$0.00
Days on Market29

Property Features for 10302 NW South River Dr

General Information

Standard status Active
Size 6,397 SF
Property subtype Industrial

Site & Location

Neighborhood Pennsuco
Highway Access Yes

Warehouse & Industrial

Clear Height 18 ft
Office Build-Out 600 SF
Dock-High Doors 4

Additional Details

Tenant in Place Yes

Amenities

4.59178 acres
Parcel Number: 22-30-04-001-0032, Public Survey Range: 30, Public Survey Section: 4, Public Survey Township: 30, Legal Description: 4 53 40 4.591 AC SUNNY GLADE FARMS PB 8-73 PORT OF TR 4 DESC BEG 342.14FTNELY OF MOST WLY COR OF TR 4 CONT NELY460FT E490.34FT ALG SWLY LINE, Zoning: 7100
Listing ID: A12104877, Standard Status: Active, MLS Status: Active, Property Subtype: Industrial, On market as of 2026-10-12, Special Conditions: Lease
Built in 1995, Living area: 6397, Living area units: Square Feet
County/Parish: Miami-Dade County
Leasable area: 6397, Leasable area units: Square Feet

Building Details

Year Built 1995
Listing Agency: Parvani Commercial Group
Listed By: Ratna Parvani · License #0606362
Source: Riserealty
Added: Oct 12 Changed: Nov 8 Last Checked: Nov 8 at 6:50AM

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

Rey
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Investment Insights

Based on property information with market context.

This 6,397-square-foot warehouse includes 600 square feet of office area, four dock-high doors and an 18-foot ceiling. The building dates to 1995, and the sublease runs through December 31, 2028.

The property is near the Florida Turnpike and Dolphin Expressway. On-site parking is described as ample.

Key Highlights

  • 6,397 SF warehouse with 600 SF of office space
  • Four dock‑high doors and an 18‑foot ceiling
  • Sublease term through 12.31.2028

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 (±1% cap)
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 (±1% cap)
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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18 ft
Clear height
4
Dock-high doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Warehouses in Medley, FL

$327 Jul
$267 Aug
$298 Sep
$308 Oct

Properties on Market for Warehouses in Medley

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Warehouse - Office space and access to the Florida Turnpike and Dolphin Expressway complement the warehouse configuration.
Where is this warehouse located?
The property is located at 10302 NW South River Dr Medley, FL.
What are key features of this property?
This property features: 6,397 SF warehouse with 600 SF of office space; Four dock‑high doors and an 18‑foot ceiling; Sublease term through 12.31.2028
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Includes: Price & PSF · Cap rate · Location · Zoning

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