Industrial Warehouse with
11379 Northwest 122nd Street Medley, FL 33178
11379 Northwest 122nd Street, Medley, FL, 33178
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For Sale
Contact for pricing
Warehouse with 19' ceilings, a street-level loading door, and fully fire-sprinklered space plus office and mezzanine offices.
Property Size2,700 SF
Price / SF$361.11
Days on Market57
Property Features for 11379 Northwest 122nd Street
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Property subtype
- Office, Industrial, Mixed Use
Listing agency
Industrial Advisors Miami
(305) 975-3209
Listed by
Tommy Gil · License #FL 3041739
Source
Crexi
Added: May 27 Updated: Jul 21 at 5:20AM Checked: Jul 21 at 5:20AM
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 Industrial Advisors Miami
Investment Insights
Based on property information with market context.
This industrial warehouse includes approximately 2,705 SF of warehouse space with a functional configuration supported by 19' ceiling height. The property also features about 600 SF of office space and an additional 400 SF mezzanine office, providing a mix of work and production areas within the building.
Improvements include 1 street-level loading door, fully fire sprinklered systems, and 3-phase power rated at 208 V / 250 amps. The property is located at 11379 NW 122 Street in Medley, with access to Okeechobee Road (US 27), Gratigny Parkway, Palmetto Expressway (826), I-75, and Florida’s Turnpike.
Improvements include 1 street-level loading door, fully fire sprinklered systems, and 3-phase power rated at 208 V / 250 amps. The property is located at 11379 NW 122 Street in Medley, with access to Okeechobee Road (US 27), Gratigny Parkway, Palmetto Expressway (826), I-75, and Florida’s Turnpike.
Key Highlights
- ±2,705 SF industrial warehouse with ±600 SF office and a ±400 SF mezzanine office
- 19' ceiling height with 1 street‑level loading door
- Fully fire‑sprinklered warehouse space
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 | $97.2k | $36.00 |
| − Vacancy | −$5.8k | −$2.16 |
| EGI | $91.4k | $33.84 |
| − OpEx | −$32.0k | −$11.84 |
| NOI | $59.4k | $22.00 |
2,700 SF · lease $36.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$848.4K
$742.4K – $989.8K
NOI $59,389 @ 7.0% cap · market cap 6.09%
Second Best
Office B
$838.7K
$733.9K – $978.5K
NOI $58,709 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,888 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
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 - Warehouse with 19' ceilings, a street-level loading door, and fully fire-sprinklered space plus office and mezzanine offices.
Where is this flex space located?
The property is located at 11379 Northwest 122nd Street Medley, FL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: ±2,705 SF industrial warehouse with ±600 SF office and a ±400 SF mezzanine office; 19' ceiling height with 1 street‑level loading door; Fully fire‑sprinklered warehouse space
