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Medley Warehouse with Showroom/Office
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7328 NW 79th Ter # 7328, Medley, FL 33166

Versatile warehouse space with showroom and office near Miami Airport.

Property Size5,650 SF
Price / SF$273.98
Days on Market500

Property Features for 7328 NW 79th Ter # 7328

General Information

Standard status Active
Size 5,650 SF
Property subtype Retail, Industrial, Mixed Use
Lease Type NNN

Building Details

Year Built 1980
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Colfax International Realty
Listed By: madeline cowley · License #3312964
Source: Crexi
Added: May 28, 2025 Changed: Sep 12 Last Checked: Oct 7 at 10:09AM

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 Colfax International Realty

Investment Insights

Based on property information with market context.

This warehouse in Medley offers a versatile space suitable for businesses needing proximity to Miami Airport, providing a strategic location for logistics and commercial operations. The property includes a 3,384 sq. ft. showroom and office area, suitable for exhibitions, sales, and administrative operations. Additionally, there is a 2,266 sq. ft. warehouse area for efficient and flexible storage. The property includes a shared parking area with 8 spaces.

Key Highlights

  • Strategic location near Miami Airport, ideal for logistics and commercial operations.
  • Versatile space combining showroom, office (3,384 sq. ft.), and warehouse (2,266 sq. ft.) areas.
  • Perfect infrastructure for business growth.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$97,463
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,949,260 $1.9M
Cap Rate 7%
$1,392,329 $1.4M
Cap Rate 9%
$1,082,922 $1.1M
Market Conditions
NOI Build-Up for 5,650 SF
Gross rent
$169.5K $30.00/SF
− Vacancy
−$13.6K −$2.40/SF
EGI
$155.9K $27.60/SF
− OpEx
−$58.5K −$10.35/SF
NOI
$97.5K $17.25/SF
Area
Miami-Dade County, FL
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,949,260
Cap Rate 7%
$1,392,329
Cap Rate 9%
$1,082,922

Alternative Uses

Best Use
Mixed Use
$1.39M
$1.22M – $1.62M (±1% cap)
NOI $97,463 @ 7.0% cap · market cap 6.30%
Second Best
Retail
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,537 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$2.87M
$2.51M – $3.34M (±1% cap)
NOI $200,654 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Showrooms

Suggested Use

Top Pick Real Estate Agency Law Firm Veterinary Clinic Hotel & Motel Gym & Fitness Center Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

3,037
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Versatile warehouse space with showroom and office near Miami Airport.
Where is this mixed-use property located?
The property is located at 7328 NW 79th Ter # 7328 Medley, FL.
What is the asking price?
The asking price for this property is $1,548,000.
What are key features of this property?
This property features: Strategic location near Miami Airport, ideal for logistics and commercial operations.; Versatile space combining showroom, office (3,384 sq. ft.), and warehouse (2,266 sq. ft.) areas.; Perfect infrastructure for business growth.
(305) 677-9833 Call to check price and availability
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