Dock-High
7232 NW 79th Terrace, Medley, FL 33166
For Sale
$1,380,000
The warehouse includes two loading doors, 16-foot ceilings and three parking spaces.
Property Size4,092 SF
Price / SF$337.24
Days on Market67
Property Features for 7232 NW 79th Terrace
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Warehouse & Industrial
Clear Height
Dock-High Doors
Additional Details
Highway Access
Property Use
Building Details
Year Built
Listing Agency:
Coldwell Banker Realty
(305) 253-2800
Listed By:
Linda Azan · License #3226731
(305) 793-6376
Source:
Wycliffecommunityrealty
Added: Sep 4
Changed: Nov 8
Last Checked: Nov 8 at 8:07PM
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
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Investment Insights
Based on property information with market context.
This 4,092-square-foot warehouse was built in 1979 and features dock-height loading, two doors and 16-foot ceilings. Three parking spaces serve the property.
The facility is near the 826 Expressway, Miami International Airport and US 27 - Okeechobee. An adjoining bay is also offered for sale under MLS A12083186.
The facility is near the 826 Expressway, Miami International Airport and US 27 - Okeechobee. An adjoining bay is also offered for sale under MLS A12083186.
Key Highlights
- 4,092‑square‑foot warehouse built in 1979
- Dock‑height loading with two doors
- 16‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,736
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,074,720
$1.1M
Cap Rate 7%
$767,657
$767.7K
Cap Rate 9%
$597,067
$597.1K
Market Conditions
NOI Build-Up for 4,092 SF
Gross rent
$65.3K $15.96/SF
− Vacancy
−$2.1K −$0.51/SF
EGI
$63.2K $15.45/SF
− OpEx
−$9.5K −$2.32/SF
NOI
$53.7K $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%
$1,074,720
Cap Rate 7%
$767,657
Cap Rate 9%
$597,067
Alternative Uses
Best Use
Warehouse
$767.7K
$671.7K – $895.6K
NOI $53,736 @ 7.0% cap · market cap 3.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.23M
$1.96M – $2.61M
NOI $156,418 @ 7.0% cap · market cap 11.33%
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
Lease Details
16 ft
Clear height
2
Dock-high doors
Yes
Highway access
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
$489,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Medley, FL
Properties on Market for Warehouses in Medley
Vacancy Rate% for Industrial in South region
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 - The warehouse includes two loading doors, 16-foot ceilings and three parking spaces.
Where is this warehouse located?
The property is located at 7232 NW 79th Terrace Medley, FL.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: 4,092‑square‑foot warehouse built in 1979; Dock‑height loading with two doors; 16‑foot ceilings
