7228 NW 79th Terrace, Medley, FL 33166

Building Details

Year Built 1979 More

Listing Agency: Coldwell Banker Realty d***@cbrealty.com Show Phone

Listed By: Linda Azan · License #3226731 Show Phone

Source: Wycliffecommunityrealty

Added: Sep 4 Changed: Nov 8 Last Checked: Nov 8 at 12:02PM

Report an Issue

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 Coldwell Banker Realty

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 4,130-square-foot warehouse in Medley was built in 1979. The space has dock-height loading, two doors, 16-foot ceilings and three parking spaces. A connecting bay is also offered for sale under MLS A12083385.

The property is near the 826 Expressway, Miami International Airport and US 27 – Okeechobee.

Key Highlights

• 4,130 square feet of warehouse space
• Dock‑height loading with two doors
• 16‑foot ceilings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$54,235

Cap Rate

3.87%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,084,700 $1.1M

Cap Rate 7%

$774,786 $774.8K

Cap Rate 9%

$602,611 $602.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,130 SF

Gross rent

$65.9K $15.96/SF

− Vacancy

−$2.1K −$0.51/SF

EGI

$63.8K $15.45/SF

− OpEx

−$9.6K −$2.32/SF

NOI

$54.2K $13.13/SF

Area

Miami-Dade County, FL

Vacancy

3.20%

Lease Rate

$15.96 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,084,700

Cap Rate 7%

$774,786

Cap Rate 9%

$602,611

Alternative Uses

Best Use

Warehouse

$774.8K

$677.9K – $903.9K (±1% cap)

NOI $54,235 @ 7.0% cap · market cap 3.87%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$2.26M

$1.97M – $2.63M (±1% cap)

NOI $157,870 @ 7.0% cap · market cap 11.28%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Hotel & Motel Veterinary Clinic Gym & Fitness Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft

Clear height

2

Dock-high doors

Location Intelligence

Trade Area within ½ mile

3,037

Businesses Nearby

Well-served

Demand for This Use

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

Average Price Trend$/SF for Warehouses in Medley, FL

$327 Jul

$267 Aug

$298 Sep

$308 Oct

Properties on Market for Warehouses in Medley

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Similar For Sale Nearby

See more

Dock-High Warehouse

7232 NW 79th Terrace, Medley, FL 33166

$1,380,000

4,092 SF

View details

Flex Space with Office

8061 NW 67th St #17, Medley, FL 33166

$1,375,000

3,329 SF

View details

Industrial Warehouse with Mezzanine Offices

12605 Nw 115th Ave B-105, Medley, FL 33178

$1,800,000

4,875 SF

View details

Warehouse with Office Space

12605 NW 115th Ave # 105 Unit: B-105, Medley, FL 33178

$1,800,000

4,875 SF

View details

Warehouse with Commercial Kitchen

8000 NW 68th St, Medley, FL 33166

$2,800,000

0.15 Acres

View details

Industrial Warehouse Condo with Office

11379 NW 122nd St # 11, Medley, FL 33178

$975,000

2,705 SF

View details

Flex Warehouse with Office Mezzanine

11381 NW 122nd St # 10, Medley, FL 33178

$975,000

2,705 SF

View details

Corner Flex Space with Dock-High Loading

8001 NW 64th St #8001, Medley, FL 33166

$1,198,000

2,250 SF

View details

Flex Space Warehouse Condominium

11383 NW 122nd St # 9, Medley, FL 33178

$759,000

2,300 SF

View details

Warehouse with Walk-In Cooler

10871 NW 122nd Street Unit 30, Medley, FL 33178

Contact for pricing

6,127 SF

View details

Medley Warehouse with Showroom/Office

7328 NW 79th Ter # 7328, Medley, FL 33166

Contact for pricing

5,650 SF

View details

Industrial Warehouse with Loading Dock

7900 NW 71st St, Medley, FL 33166

Contact for pricing

6,850 SF

View details

Similar Off Market Nearby

• Delsie Self Storage Facility — 4711 NW 79th Ave ste 8h 9i, Doral, FL 33166
• Faro Boat Lifts — 6906 NW 46th St, Miami, FL 33166
• Rapid Shifters — 4747 NW 72nd Ave, Miami, FL 33166
• LogicArt Miami — 4761 NW 72nd Ave, Miami, FL 33166
• Extra Space Storage — 4995 NW 79th Ave, Miami, FL 33166, United States

Frequently Asked Questions

What type of property is this?

Warehouse - Warehouse space includes dock-height loading and is positioned near major transportation facilities.

Where is this warehouse located?

The property is located at 7228 NW 79th Terrace Medley, FL.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: 4,130 square feet of warehouse space; Dock‑height loading with two doors; 16‑foot ceilings