Medley Industrial Warehouse For
For Sale
Contact for pricing
12601 NW 115th Ave # 114 #A-114, Medley, FL 33178
Industrial warehouse in Medley, ideal for logistics and distribution.
Property Size11,418 SF
Price / SF$394.11
Days on Market155
Property Features for 12601 NW 115th Ave # 114 #A-114
General Information
Standard status
Active
Size
11,418 SF
Total Parking Spaces
14
Property subtype
Industrial
Zoning
0000
Building Details
Year Built
2007
Stories
2
Listing Agency:
Trajan Commercial Real Estate
Listed By:
Claudia Splinter, CCIM · License #3285524
(305) 482-1118
Source:
Crexi
Added: May 13
Changed: Oct 9
Last Checked: Oct 12 at 5:40PM
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 Trajan Commercial Real Estate
Investment Insights
Based on property information with market context.
An industrial warehouse is available for sale in the Medley industrial submarket. Constructed in 1997, the property encompasses approximately 11,418 square feet, featuring office space and a warehouse layout suited for logistics, distribution, storage, import/export, and industrial operations. The facility is located within a gated industrial community that provides 24-hour security. The property benefits from truck accessibility and visibility along NW 97 Avenue, which sees approximately 15,714 vehicles daily. Its location provides access to Florida’s Turnpike, SR-826, Okeechobee Road, and I-75, offering convenient access to Miami International Airport, PortMiami, and major regional transportation corridors.
Key Highlights
- Excellent location in the highly desirable Medley industrial submarket.
- Strategic access to Florida’s Turnpike, SR‑826, Okeechobee Road, and I‑75, facilitating transport to Miami International Airport and PortMiami.
- ±11,418 SF facility suitable for logistics, distribution, storage, import/export, and industrial operations.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$189,079
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,781,580
$3.8M
Cap Rate 7%
$2,701,129
$2.7M
Cap Rate 9%
$2,100,878
$2.1M
Market Conditions
NOI Build-Up for 11,418 SF
Gross rent
$232.9K $20.40/SF
− Vacancy
−$10.5K −$0.92/SF
EGI
$222.4K $19.48/SF
− OpEx
−$33.4K −$2.92/SF
NOI
$189.1K $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%
$3,781,580
Cap Rate 7%
$2,701,129
Cap Rate 9%
$2,100,878
Alternative Uses
Best Use
Warehouse
$2.70M
$2.36M – $3.15M
NOI $189,079 @ 7.0% cap · market cap 4.20%
Second Best
Industrial
$2.35M
$2.05M – $2.74M
NOI $164,353 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$5.79M
$5.07M – $6.76M
NOI $405,498 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
991
Businesses Nearby
Balanced
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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- Vertical Cold Storage — 11801 NW 102nd Rd, Medley, FL 33178
- CrowleyFresh, a Crowley Company — 11401 NW 100th Rd, Medley, FL 33178
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse in Medley, ideal for logistics and distribution.
Where is this warehouse located?
The property is located at 12601 NW 115th Ave # 114 #A-114 Medley, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Excellent location in the highly desirable Medley industrial submarket.; Strategic access to Florida’s Turnpike, SR‑826, Okeechobee Road, and I‑75, facilitating transport to Miami International Airport and PortMiami.; ±11,418 SF facility suitable for logistics, distribution, storage, import/export, and industrial operations.**
