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Flex Space with Office Buildout

8202 NW 70th St # 6994, Medley, FL 33195

For Sale
Contact for pricing

A warehouse-office configuration includes dock-high loading and a full-height ceiling for vertical storage.

Property Size20,695 SF
Price / SF$0.00
Days on Market375

Property Features for 8202 NW 70th St # 6994

General Information

Standard status Active
Size 20,695 SF
Property subtype Industrial

Warehouse & Industrial

Clear Height 22 ft
Warehouse Space 4,300 SF
Office Build-Out 2,000 SF
Dock-High Doors 2

Additional Details

Tenant in Place Yes
Property Use Warehouse

Taxes and HOA fees

Annual Taxes $56,629

Building Details

Building Size 20,695 SF
Year Built 1990
Listing Agency: Florida Capital Realty
Listed By: Marisol Noriega · License #3331002
Source: Signaturemiamirealestate
Added: Oct 29, 2025 Changed: Nov 6 Last Checked: Nov 6 at 2:54PM

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 Florida Capital Realty

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 6,300-square-foot flex space combines 4,300 square feet of warehouse area with 2,000 square feet of offices. Two dock-high doors support loading, while 22-foot ceilings accommodate vertical storage. The office area has floor-to-ceiling windows that bring in natural light, and the property includes three bathrooms. Built in 1990, the building is suited to a range of commercial operations.

The property is in Medley’s business district, near SR-826, SR-836, and Miami International Airport. The current tenant is scheduled to leave January 1, 2026.

Key Highlights

  • 6,300 square feet total: 4,300 square feet of warehouse space and 2,000 square feet of offices
  • Two dock‑high doors
  • 22‑foot ceilings for vertical storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$223,417
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,468,340 $4.5M
Cap Rate 7%
$3,191,671 $3.2M
Cap Rate 9%
$2,482,411 $2.5M
Market Conditions
NOI Build-Up for 20,695 SF
Gross rent
$337.7K $16.32/SF
− Vacancy
−$18.6K −$0.90/SF
EGI
$319.2K $15.42/SF
− OpEx
−$95.7K −$4.63/SF
NOI
$223.4K $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 Rate 5%
$4,468,340
Cap Rate 7%
$3,191,671
Cap Rate 9%
$2,482,411

Alternative Uses

Best Use
Flex RnD
$6.50M
$5.69M – $7.59M (±1% cap)
NOI $455,207 @ 7.0% cap · market cap 2,395,826.32%
Second Best
Warehouse
$3.88M
$3.39M – $4.52M (±1% cap)
NOI $271,292 @ 7.0% cap · market cap 1,427,852.63%
Theoretical Best
Office A
$10.50M
$9.19M – $12.25M (±1% cap)
NOI $734,961 @ 7.0% cap · market cap 3,868,215.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Daycare 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

22 ft
Clear height
2
Dock-high doors

Location Intelligence

Trade Area within ½ mile

16,324
Businesses Nearby
Balanced
Demand for This Use

Market

Properties on Market for Flex space 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 Off Market Nearby

  • Chelles Conch LLC — 1110 Brickell Ave, Miami, FL 33131
  • Daavat Catering & Events LLC — Brickell Ave, Miami, FL 33131
  • Vale Food Co — 900 S Miami Ave Suite 125, Miami, FL 33130
  • Juanita's Kitchen — 855 US-1, Miami, FL 33131
  • Classic Caterers — Miami, FL 33131

Frequently Asked Questions

What type of property is this?
Flex space - A warehouse-office configuration includes dock-high loading and a full-height ceiling for vertical storage.
Where is this flex space located?
The property is located at 8202 NW 70th St # 6994 Medley, FL.
What are key features of this property?
This property features: 6,300 square feet total: 4,300 square feet of warehouse space and 2,000 square feet of offices; Two dock‑high doors; 22‑foot ceilings for vertical storage
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Includes: Price & PSF · Cap rate · Location · Zoning

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