Warehouse with Office
New
For Sale
$1,800,000
12605 NW 115th Ave # 105 Unit B-105, Medley, FL 33178
Tenant occupancy and M-1 zoning frame this Medley industrial unit for continued warehouse use.
Property Size4,875 SF
Price / SF$369.23
Days on Market4
Property Features for 12605 NW 115th Ave # 105 Unit B-105
General Information
Standard status
Active
Size
4,875 SF
Total Parking Spaces
7
Property subtype
Industrial
Zoning
M-1
Warehouse & Industrial
Clear Height
20 ft
Warehouse Space
3,412 SF
Office Build-Out
1,463 SF
Mezzanine
975 SF
Drive-In Doors
1
Sprinkler System
Yes
Additional Details
Fenced Yard
Yes
Building Details
Building Size
4,875 SF
Year Built
2007
Listing Agency:
United Realty Group Inc
Listed By:
Patricia Munoz · License #3187196
(786) 547-5197
Source:
Silverleafrealtygroup
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 12:36AM
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 United Realty Group Inc
Investment Insights
Based on property information with market context.
This 4,875-square-foot industrial unit is occupied by a tenant and combines 3,412 square feet of warehouse area with 488 square feet of ground-floor offices and 975 square feet of mezzanine offices. The office buildout includes an executive office and a break and conference room. Warehouse features include 20-foot clear height, a 9-by-10-foot street-level loading door, hurricane-impact glass, and Type-IV sprinkler protection. A shared scissor lift serves dock-high shipments, and seven assigned spaces sit at the front of the unit.
The property is in the City of Medley and carries M-1 zoning. A secured, gated truck court serves the site, which is described as near major highways. The lease runs through February 2028 and includes a scheduled 4% rent increase in March 2027.
The property is in the City of Medley and carries M-1 zoning. A secured, gated truck court serves the site, which is described as near major highways. The lease runs through February 2028 and includes a scheduled 4% rent increase in March 2027.
Key Highlights
- 4,875 SF industrial unit with 3,412 SF of warehouse space and 1,463 SF of office space
- 20' clear height and a 9' x 10' street‑level loading door
- Ground‑floor offices total 488 SF; mezzanine offices total 975 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,729
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,614,580
$1.6M
Cap Rate 7%
$1,153,271
$1.2M
Cap Rate 9%
$896,989
$897.0K
Market Conditions
NOI Build-Up for 4,875 SF
Gross rent
$99.5K $20.40/SF
− Vacancy
−$4.5K −$0.92/SF
EGI
$95.0K $19.48/SF
− OpEx
−$14.2K −$2.92/SF
NOI
$80.7K $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%
$1,614,580
Cap Rate 7%
$1,153,271
Cap Rate 9%
$896,989
Alternative Uses
Best Use
Warehouse
$1.15M
$1.01M – $1.35M
NOI $80,729 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.47M
$2.16M – $2.89M
NOI $173,131 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
20 ft
Clear height
1
Drive-in doors
Yes
Sprinkler system
Yes
Fenced yard
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Gama Moving & Storage — 10302 NW South River Dr Unit 14, Medley, FL 33178
- Frozen Spot Corp. — 11700 NW 102nd Rd SUITE 1 and 2, Medley, FL 33178
- Boxt Containers - Portable Storage Containers Miami — 10800 NW South River Dr, Medley, FL 33178
- 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 - Tenant occupancy and M-1 zoning frame this Medley industrial unit for continued warehouse use.
Where is this warehouse located?
The property is located at 12605 NW 115th Ave # 105 Unit B-105 Medley, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 4,875 SF industrial unit with 3,412 SF of warehouse space and 1,463 SF of office space; 20' clear height and a 9' x 10' street‑level loading door; Ground‑floor offices total 488 SF; mezzanine offices total 975 SF
