Two-Unit Industrial
12202-12390 NW 106th Ct, Medley, FL 33178
For Sale
Contact for pricing
The paired spaces are configured for truck oil-change and service operations.
Property Size2,572 SF
Price / SF$466.56
Days on Market25
Property Features for 12202-12390 NW 106th Ct
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Warehouse Space
Automotive Uses
Real Estate Included
Property Use
Listing Agency:
Fausto Commercial Realty
(305) 961-1179
Listed By:
Halain Suarez · License #SL3637046
(305) 586-9651
Source:
Moodyscre
Added: Oct 14
Changed: Nov 6
Last Checked: Nov 6 at 3:42PM
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 Fausto Commercial Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Two adjoining warehouse units in Medley provide 2,572 square feet in total, with 1,286 square feet in each space. Their current configuration supports truck oil-change and service operations.
The property is located at 12202-12390 NW 106th Ct in Medley, Florida.
The property is located at 12202-12390 NW 106th Ct in Medley, Florida.
Key Highlights
- Two warehouse units totaling 2,572 SF
- Each unit contains 1,286 SF
- Configured for truck oil‑change and service use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,592
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$851,840
$851.8K
Cap Rate 7%
$608,457
$608.5K
Cap Rate 9%
$473,244
$473.2K
Market Conditions
NOI Build-Up for 2,572 SF
Gross rent
$52.5K $20.40/SF
− Vacancy
−$2.4K −$0.92/SF
EGI
$50.1K $19.48/SF
− OpEx
−$7.5K −$2.92/SF
NOI
$42.6K $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%
$851,840
Cap Rate 7%
$608,457
Cap Rate 9%
$473,244
Alternative Uses
Best Use
Warehouse
$608.5K
$532.4K – $709.9K
NOI $42,592 @ 7.0% cap · market cap 3.55%
Second Best
Retail
$595.0K
$520.6K – $694.2K
NOI $41,650 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,342 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
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
$499,300
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Medley, FL
Properties on Market for Warehouses in Medley
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - The paired spaces are configured for truck oil-change and service operations.
Where is this warehouse located?
The property is located at 12202-12390 NW 106th Ct Medley, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two warehouse units totaling 2,572 SF; Each unit contains 1,286 SF; Configured for truck oil‑change and service use
