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    Medley Industrial Warehouse For Sale Title is generated by Realmo AI

    12601 NW 115th Ave, Medley, FL 33178

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    For Sale
    $4,700,000

    Industrial - Medley, FL

    Type:Industrial
    Property size:
    11,418 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $411/SF
    Added:
    May 13, 2026
    Days on Market:
    2
    Last Refresh:
    May 14 at 5:06 pm

    Property Features for 12601 NW 115th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Zoning
    0000
    Standard status
    Active
    APN
    22-20-30-026-0140
    Size
    11,418 SF
    Lot size
    0.26 Acres

    Taxes and HOA fees

    Expense value
    5557
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Quarterly

    Building Details

    Year built
    2007
    Building materials
    Block
    Roof type
    Concrete, Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Claudia Splinter

    Listing agent Claudia Splinter License #3285524

    Listing office Trajan Commercial Real Estate 18591 S Dixie Hwy, Miami, FL

    Listing date May 13, 2026

    MLS# A12018638 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location in the highly desirable Medley industrial submarket.
    • Excellent accessibility to major transportation corridors including Florida’s Turnpike, SR‑826, Okeechobee Road, and I‑75.
    • Secure gated industrial community with 24‑hour security.
    • Functional ±11,418 SF facility suitable for logistics, distribution, storage, import/export, and industrial operations.
    • Strong visibility along NW 97 Ave with approximately 15,714 daily traffic count.
    • Proximity to Miami International Airport and PortMiami.

    Overview

    An industrial warehouse is available for sale in the Medley industrial submarket. Constructed in 1997, the property features an approximately 11,418 square foot facility with office space and an efficient warehouse layout. The layout is suited for logistics, distribution, storage, import/export, and industrial operations. The property is located within a gated industrial community that offers 24-hour security. It benefits from truck accessibility and visibility along NW 97 Ave, which has a daily traffic count of approximately 15,714. The property is strategically positioned near Florida’s Turnpike, SR-826, Okeechobee Road, and I-75, providing access to Miami International Airport, PortMiami, and major regional transportation corridors. The lot size is approximately 0.2621 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Hair Salon Auto Repair Shop Big Box & Wholesale Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Ontime Moving System — 11455 NW 122nd St, Medley, FL 33178
    • Arctic Exprees//Continental Freightways / Harvest House Perishables — 12800 nw 113th ct, medley, fl 33178
    • Iron Mountain — 12630-12646 NW 115th Ave, Medley, FL 33178
    • Preferred Freezer Services — Florida 33178
    • RAVA Group Container Services — 11149 NW 122nd St, Medley, FL 33178

    Location Insight

    • Map
    • Local Demand
    City
    Medley
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3985
    Latitude
    25.8372

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    FAQs

    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 Medley, FL.
    What is the asking price?
    The asking price for this property is $4,700,000.
    What are key features of this property?
    This property features: Prime location in the highly desirable Medley industrial submarket.; Excellent accessibility to major transportation corridors including Florida’s Turnpike, SR‑826, Okeechobee Road, and I‑75.; Secure gated industrial community with 24‑hour security.
    (305) 482-1118
    We can help!
    Listing Contact
    Claudia Splinter
    Real Estate License ID: 3285524
    Learn More
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    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
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