Industrial Warehouse with
11381 NW 122nd St 10 Medley, FL 33178
New
11381 NW 122nd St 10, Medley, FL, 33178
$975,000
For Sale
$975,000
Industrial warehouse with 19-foot ceilings, a street-level loading door, and combined office space including mezzanine office.
Property Size2,700 SF
Price / SF$361.11
Days on Market3
Property Features for 11381 NW 122nd St 10
General Information
- Standard status
- Active
- Size
- 2,700 SF
Building Details
- Year Built
- 2007
Listing agency
Industrial Advisors
(305) 975-3209
Listed by
Tommy Gil · License #3041739
Source
Mymiahomes
Added: Jul 20 Updated: Jul 21 at 7:48PM Checked: Jul 21 at 7:48PM
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
Investment Insights
Based on property information with market context.
This ±2,705 SF industrial warehouse is configured with approximately ±600 SF of office space and an additional ±400 SF mezzanine office. The facility features 19' ceiling height, one street-level loading door, fully fire sprinklered protection, and 3-phase power rated at 208 V / 250 Amps. Assigned parking spaces are included with the unit.
Located at 11381 NW 122 Street in Medley, the property offers access to major thoroughfares including Okeechobee Road (US 27), Gratigny Parkway, Palmetto Expressway (826), I-75, and Florida’s Turnpike.
The layout supports a practical combination of warehouse and office functions within a condo industrial setting.
Located at 11381 NW 122 Street in Medley, the property offers access to major thoroughfares including Okeechobee Road (US 27), Gratigny Parkway, Palmetto Expressway (826), I-75, and Florida’s Turnpike.
The layout supports a practical combination of warehouse and office functions within a condo industrial setting.
Key Highlights
- ±2,705 SF industrial warehouse with ±600 SF office and ±400 SF mezzanine office
- 19' ceiling height with 1 street‑level loading door
- 3‑phase power: 208 V / 250 amps
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 - Industrial warehouse with 19-foot ceilings, a street-level loading door, and combined office space including mezzanine office.
Where is this flex space located?
The property is located at 11381 NW 122nd St 10 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 ±400 SF mezzanine office; 19' ceiling height with 1 street‑level loading door; 3‑phase power: 208 V / 250 amps
