Flex Space with Loading
12601 Nw 115th Ave A-114, Medley, FL 33178
For Sale
New
$4,500,000
Office, showroom, and warehouse areas are paired with gated truck access and rear loading.
Property Size11,418 SF
Price / SF$394.11
Days on Market2
Property Features for 12601 Nw 115th Ave A-114
General Information
Standard status
Size
Zoning
Site & Location
Neighborhood
Highway Access
Fenced Yard
Warehouse & Industrial
Clear Height
Dock-High Doors
Loading
Power
Voltage
Three-Phase Power
Heavy Power
Additional Details
Property Use
Amenities
conference room
reception area
showroom
kitchenette
restrooms
emergency lighting
exterior signage
11418
14
Building Details
Building Size
Year Built
Stories
Construction
Listing Agency:
Trajan Commercial Real Estate
(954) 953-5363
Listed By:
Patricia Pazinatto
Source:
Onemarketrealestate
Added: Nov 6
Last Checked: Nov 6 at 2:35PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 11,418 SF flex condominium combines warehouse space with an office and showroom component. The office area includes approximately 7 offices, a conference room, reception area, kitchenette, and 3 restrooms; a mezzanine adds further interior space. Warehouse features include 20′–22′ clear heights, one dock-high door, and a concrete rear ramp. The building was constructed in 2007 with reinforced concrete tilt-wall construction and hurricane impact-resistant glass. A 200-amp, 120/480-volt, 3-phase, 4-wire power service is installed, along with emergency lighting and secure gated access.
The property is in First Industrial Commerce Center in Medley, with immediate access to Florida’s Turnpike and proximity to SR-826, Okeechobee Road, and I-75. Rear-loaded entry, a gated truck court, and truck circulation support access to the warehouse. Exterior signage is available.
The property is in First Industrial Commerce Center in Medley, with immediate access to Florida’s Turnpike and proximity to SR-826, Okeechobee Road, and I-75. Rear-loaded entry, a gated truck court, and truck circulation support access to the warehouse. Exterior signage is available.
Key Highlights
- 11,418 SF flex condominium with warehouse, office, and showroom areas
- Approximately 7 offices, conference room, reception area, kitchenette, mezzanine, and 3 restrooms
- Warehouse clear heights of 20′–22′, one dock‑high door, and a concrete rear ramp
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$251,150
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,023,000
$5.0M
Cap Rate 7%
$3,587,857
$3.6M
Cap Rate 9%
$2,790,556
$2.8M
Market Conditions
NOI Build-Up for 11,418 SF
Gross rent
$411.0K $36.00/SF
− Vacancy
−$24.7K −$2.16/SF
EGI
$386.4K $33.84/SF
− OpEx
−$135.2K −$11.84/SF
NOI
$251.2K $22.00/SF
Area
ZIP 33178
Vacancy
6.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,023,000
Cap Rate 7%
$3,587,857
Cap Rate 9%
$2,790,556
Alternative Uses
Best Use
Flex RnD
$3.59M
$3.14M – $4.19M
NOI $251,150 @ 7.0% cap · market cap 5.58%
Second Best
Warehouse
$2.70M
$2.36M – $3.15M
NOI $189,079 @ 7.0% cap · market cap 4.20%
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
Current Use
Lease Details
22 ft
Clear height
1
Dock-high doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
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
Properties on Market for Flex space in Medley
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- La Cocina de Cesar — 6141 NW 115th Pl APT 358, Doral, FL 33178
Frequently Asked Questions
What type of property is this?
Flex space - Office, showroom, and warehouse areas are paired with gated truck access and rear loading.
Where is this flex space located?
The property is located at 12601 Nw 115th Ave 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: 11,418 SF flex condominium with warehouse, office, and showroom areas; Approximately 7 offices, conference room, reception area, kitchenette, mezzanine, and 3 restrooms; Warehouse clear heights of 20′–22′, one dock‑high door, and a concrete rear ramp
