7711 74th Ave Medley, FL 33166-7501
This exceptional 6,307-square-foot industrial property, situated on a 0.76-acre lot in Medley, Florida, presents a compelling investment or owner-user opportunity. Built in 2003, the building features a robust twin T concrete roof and boasts a generous 20-foot clear ceiling height, providing ample space for various industrial operations. The property's strategic location in the heart of Medley offers excellent accessibility and visibility. Four 14x12-foot street-level doors facilitate efficient loading and unloading, while the three-phase electrical service ensures sufficient power for demanding industrial applications. The expansive 33,000-square-foot lot provides ample room for maneuvering and potential expansion. This versatile property is ideally suited for a range of industrial uses and offers significant potential for subdivision into four separate bays, catering to diverse business needs or allowing for phased occupancy and future expansion. The asking price is $3,000,000. This represents a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving market. The property's size, features, and location make it an attractive option for both end-users and investors seeking a strong return on investment.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Medley, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.