Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10302 South Riv Dr Medley, FL

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $21 SF/Yr ($5,636 /Mo)

    3,146 SF dock high corner unit available for lease.

    Property size:
    3,146 SF
    Lot size:
    4.58 Acres

    Property Features for 10302 South Riv Dr

    General Information

    Size
    3,146 SF
    Lot size
    4.58 Acres

    We can help!

    Listing Contact
    Ivelisse Meneses
    Ivelisse Meneses
    Source: Moodyscre

    Listing Agent: Ivelisse Meneses

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Dock High Corner Warehouse Unit

    Available immediately, this 3,146 square foot corner unit is suitable for warehouse, industrial, or distribution purposes. The unit features two dock-high loading positions, a warehouse door, and a small office area. The lease is below market rate and expires on July 31, 2026.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    Johnson Storage & Moving Co, Kasman Corporation Warehouse, J and D Parking Storage, A+ Storage, Value Store It Self Storage

    Map

    City
    Medley
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.35665
    Latitude
    25.83195

    Nearby Similar for Lease

    • New
      $5,500 /Mo
      Pending

      Medley Industrial Condo For Lease

      Industrial condo in Medley, FL, ideal for logistics or manufacturing.
      8155 NW 67Th St, Medley, FL 33166
      View Details
    • $19 SF/Yr

      Medley Warehouse with Office Space

      6,300 SF warehouse with office space in Medley, FL.
      8202 NW 70Th St, Medley, FL 33195
      View Details
    • $29 SF/Yr

      Turnkey Cooler Warehouse in Medley

      6,120 SF cooler warehouse with kitchen infrastructure in Medley, FL.
      Medley, FL 33166
      View Details
    • $25,000
      2,996 SF

      Renovated Warehouse with Outdoor Storage

      Turn-key, renovated warehouse with outdoor storage in Medley, Florida.
      9950 NW 116Th Way, Medley, FL 33178
      View Details
    • $10 SF/Yr
      8,370 SF

      Medley Industrial Property with Loading

      Industrial property in Medley, FL, with loading docks and ramp.
      10049 NW 89 Ave, Medley, FL
      View Details
    • $16 SF/Yr
      16,054 SF

      Medley Industrial Space For Lease

      16,054 SF industrial space with multiple loading options.
      9200 NW 97Th Ter, Medley, FL 33176
      View Details
    • $19 SF/Yr
      4,800 SF

      Medley Industrial Park Space Available

      Industrial park space with highway access and loading docks.
      10120-10250 S Riv Dr, Medley, FL
      View Details
    • $14 SF/Yr
      19,680 SF

      Medley Warehouse with Rail Access

      19,680 SF warehouse with dock and rail loading doors.
      9001-9021 NW 105Th Way, Medley, FL 33178
      View Details
    • $16 SF/Yr
      10,000 SF

      Medley Warehouse with Loading Docks

      10,000 SF warehouse with dock and ramp access.
      9305 NW 101St Rd, Medley, FL 33178
      View Details
    • $16 SF/Yr
      15,000 SF

      Medley Industrial Space Available

      Industrial space with warehouse and office, convenient location.
      9304-9384 NW 102Nd Rd, Medley, FL 33178
      View Details
    • $17 SF/Yr
      30,000 SF

      Medley Industrial Park Warehouse Space

      30,000 SF warehouse with office space and multiple loading doors.
      9202 NW 101St Rd, Medley, FL 33178
      View Details
    • $20 SF/Yr
      3,000 SF

      Medley Warehouse Space For Lease

      Warehouse space with office near major highways and transportation hubs.
      7521-7561 NW 77 Ter, Medley, FL
      View Details

    FAQs

    What type of property is this?
    Warehouse - 3,146 SF dock high corner unit available for lease.
    Where is this warehouse located?
    The property is located at 10302 South Riv Dr Medley, FL.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Below market lease rate makes this an attractive opportunity.; - Available immediately for quick occupancy.; - 3,146 SF dock high corner unit.
    (305) 235-1500
    Request Owner's contact information
    10302 South Riv Dr Medley, FL
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10302 South Riv Dr
    Medley, FL
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10302 South Riv Dr Medley, FL
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ivelisse Meneses
    Ivelisse Meneses
    (305) 235-1500
    Learn more
    Google sign-in failed. Please try again or use another login method.