Warehouse with Commercial Kitchen
8000 NW 68th St, Medley, FL 33166
For Sale
$2,800,000
Commercial Sale, Medley, FL
Property Size5,138 SF
Lot Size0.15 Acres
Price / SF$544.96
Days on Market136
Property Features for 8000 NW 68th St
General Information
Property type
Property subtype
Zoning description
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Amenities
grease trap
commercial kitchen hood
walk-in cooler
ADA-compliant elevator
Building Details
Year built
Building materials
Listing Agency:
Realty One Group Evolution
(786) 477-4715
Listed By:
Zoramir Rodriguez · License FL #3298151
(786) 333-8243
Added: Jun 30
Changed: Nov 10
Last Checked: Nov 12 at 5:06PM
MLS# A11961021
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 5,138-square-foot warehouse was built in 1992 and has block construction. Existing food-service improvements include a grease trap, commercial hood, and walk-in cooler. A permanent certificate of occupancy from Miami-Dade County covers the interior renovation. An ADA-compliant elevator serves the building’s second floor.
Electrical service is 440V, with an included transformer that can convert it to 220V. The parcel contains 0.1501 acres.
Electrical service is 440V, with an included transformer that can convert it to 220V. The parcel contains 0.1501 acres.
Key Highlights
- 5,138‑square‑foot warehouse on a 0.1501‑acre parcel
- Grease trap, commercial kitchen hood, and walk‑in cooler installed
- Permanent certificate of occupancy issued by Miami‑Dade County for interior renovation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,710
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,634,200
$1.6M
Cap Rate 7%
$1,167,286
$1.2M
Cap Rate 9%
$907,889
$907.9K
Market Conditions
NOI Build-Up for 5,138 SF
Gross rent
$117.1K $22.80/SF
− Vacancy
−$8.2K −$1.60/SF
EGI
$108.9K $21.20/SF
− OpEx
−$27.2K −$5.30/SF
NOI
$81.7K $15.90/SF
Area
Miami-Dade County, FL
Vacancy
7.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,634,200
Cap Rate 7%
$1,167,286
Cap Rate 9%
$907,889
Alternative Uses
Best Use
Specialty Retail
$1.17M
$1.02M – $1.36M
NOI $81,710 @ 7.0% cap · market cap 2.92%
Second Best
Warehouse
$963.9K
$843.4K – $1.12M
NOI $67,472 @ 7.0% cap · market cap 2.41%
Theoretical Best
Office A
$2.81M
$2.46M – $3.27M
NOI $196,401 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
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
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Frequently Asked Questions
What type of property is this?
Warehouse - Food-service infrastructure, an elevator, and adaptable electrical service support a range of warehouse operations.
Where is this warehouse located?
The property is located at 8000 NW 68th St Medley, FL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 5,138‑square‑foot warehouse on a 0.1501‑acre parcel; Grease trap, commercial kitchen hood, and walk‑in cooler installed; Permanent certificate of occupancy issued by Miami‑Dade County for interior renovation
