Established Manufacturing
For Sale
$7,750,000
6860 NW 75th Street, Medley, FL 33166
Longstanding industrial facility positioned for continued manufacturing operations or occupancy by multiple tenants.
Property Size29,243 SF
Price / SF$178.28
Days on Market88
Property Features for 6860 NW 75th Street
General Information
Standard status
Active
Size
29,243 SF
Property subtype
Commercial
Lease Term
[]
Additional Details
Highway Access
Yes
Building Details
Year Built
1985
Buildings
1
Building Size
29,243 SF
Listing Agency:
J&Co. Commercial Real Estate,Inc.
Listed By:
George Jimenez
(786) 453-3170
Source:
Onesothebysrealty
Added: Jun 3
Changed: Aug 27
Last Checked: Aug 27 at 10:39PM
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 J&Co. Commercial Real Estate,Inc.
Investment Insights
Based on property information with market context.
Offered for sale, this Medley manufacturing property includes a 29,243-square-foot industrial building constructed in 1985. The facility served as the headquarters of Pino’s Window Corp., providing an established setting for a manufacturing operation or a multi-tenant configuration.
The property is located at 6860 NW 75th Street in Medley, with access to the 826 Expressway and 836 Expressway. Its location is near Miami International Airport and within reach of Hialeah and Doral, connecting the facility with surrounding commercial areas and regional transportation corridors.
The property is located at 6860 NW 75th Street in Medley, with access to the 826 Expressway and 836 Expressway. Its location is near Miami International Airport and within reach of Hialeah and Doral, connecting the facility with surrounding commercial areas and regional transportation corridors.
Key Highlights
- 29,243‑square‑foot industrial building
- Constructed in 1985
- Former headquarters of Pino’s Window Corp.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$469,288
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,385,760
$9.4M
Cap Rate 7%
$6,704,114
$6.7M
Cap Rate 9%
$5,214,311
$5.2M
Market Conditions
NOI Build-Up for 43,470 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$709.4K $16.32/SF
− Vacancy
−$39.0K −$0.90/SF
EGI
$670.4K $15.42/SF
− OpEx
−$201.1K −$4.63/SF
NOI
$469.3K $10.80/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,385,760
Cap Rate 7%
$6,704,114
Cap Rate 9%
$5,214,311
Alternative Uses
Best Use
Industrial
$6.70M
$5.87M – $7.82M
NOI $469,288 @ 7.0% cap · market cap 6.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$22.05M
$19.30M – $25.73M
NOI $1,543,791 @ 7.0% cap · market cap 19.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,037
Businesses Nearby
Explore this area
Business Placement
Demographics for 33166, FL
26,106
Population
10,838
Households
2.4
Avg Household Size
41
Median Age
42%
College-Educated
83%
High-School Grad
7.9 sq mi
ZIP Area
3,305
Density / Sq Mi
$78,166
Median Household Income
$39,744
Median Earnings
$1,766
Median Rent
$489,200
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.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Longstanding industrial facility positioned for continued manufacturing operations or occupancy by multiple tenants.
Where is this manufacturing property located?
The property is located at 6860 NW 75th Street Medley, FL.
What is the asking price?
The asking price for this property is $7,750,000.
What are key features of this property?
This property features: 29,243‑square‑foot industrial building; Constructed in 1985; Former headquarters of Pino’s Window Corp.
