Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8402 NW 90th St Medley, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New Class A industrial park in Miami's Airport West.

    Type:INDUSTRIAL
    Property size:
    89,450 SF
    Lot size:
    11.10 Acres
    Added:
    Sep 16, 2025
    Days on Market:
    216
    Last Refresh:
    Apr 5 at 9:28 pm

    Property Features for 8402 NW 90th St

    General Information

    Standard status
    Active
    Size
    89,450 SF
    Lot size
    11.10 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 8402 NW 90th St Contact us

    We can help!

    Listing Contact
    Brad Kluever

    Listing agent Brad Kluever

    Listing office First Industrial Realty Trust | Florida

    Listing date Sep 16, 2025

    Source Moodyscre

    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 First Industrial Realty Trust | Florida

    Overview

    New Class A Industrial Park

    This new Class A industrial park is located in the Airport West submarket of Miami. Known as First Park Miami, it currently features 1 million square feet across six buildings on a 126-acre site. The warehouses offer clear heights ranging from 32 to 36 feet and truck courts spanning 120 to 180 feet. The property features extensive dock-high loading and ESFR sprinklers. Additional land is available for future growth.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    • Public Storage — 7996 NW South River Dr, Medley, FL 33166, United States
    • ECO MATERIAL STORAGE FACILITY — NW 79th Terrace, Medley, FL 33166
    • My WordPress Blog — 7700 NW 79th Pl, Miami, FL 33166
    • Storage — 8090 NW 77th Ct, Medley, FL 33166
    • Miami Warehouse Logistics — 8105 nw 77th st, medley, fl 33166

    Map

    City
    Medley
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3567
    Latitude
    25.8319

    Nearby Similar for Lease

    • Contact for pricing

      Air-Conditioned Warehouse in Medley, FL

      Corner unit warehouse with A/C throughout, ready for immediate occupancy.
      10601 NW 122nd St, Medley, FL 33178
      View Details
    • $18/mo

      Medley Warehouse with Climate Control

      Turnkey 6,000 SF warehouse with 100% air conditioned space.
      12601 NW 115th Ave, Medley, FL 33178
      View Details
    • $19/mo

      Medley Warehouse with Office Space

      6,300 SF warehouse with office space in Medley, FL.
      8202 NW 70th St, Medley, FL 33195
      View Details
    • Contact for pricing

      Medley Mixed-Use Unit For Rent

      Mixed-use unit in Medley, FL, ready for immediate occupancy.
      8181 NW 91st Ter, Medley, FL 33166
      View Details
    • Sponsored
      Contact for pricing

      FL, Medley - 72nd Ave

      7752 72Nd Ave, Medley, FL 33166
      View Details
    • $29/mo

      Air-Conditioned Warehouse in Medley

      Corner unit warehouse with A/C throughout, ready for occupancy.
      10601 NW 122nd St # 13, Medley, FL 33178
      View Details
    • $0.01/mo

      Flagler Station Warehouse Sub-Lease

      Industrial warehouse with office space in Flagler Station business park.
      11801 NW 100th Rd # 8, Medley, FL 33178
      View Details
    • Contact for pricing

      Medley Industrial Space for Lease

      Industrial space near Miami International Airport with dock doors and ramps.
      11301 Northwest 97th Avenue, Medley, FL 33178
      View Details
    • $25/mo

      Medley Flex Space For Lease

      3,500 SF flex space available for lease in Medley.
      12601 NW 115th Ave # 103 #A-103, Medley, FL 33178
      View Details
    • $15/mo

      Medley Warehouse Space Available

      Industrial park with easy access to major roadways and transport.
      9165-9295 NW 101st St, Medley, FL
      View Details
    • $17/mo

      First Park Miami Industrial Space

      Industrial space for lease in First Park Miami.
      8200 NW 88th Street, Medley, FL, 33178
      View Details
    • $23/mo

      Flex Space with Rear Loading

      Flex space featuring offices, conference rooms, and rear loading.
      9960 NW 116th Way, Medley, FL
      View Details

    FAQs

    What type of property is this?
    Warehouse - New Class A industrial park in Miami's Airport West.
    Where is this warehouse located?
    The property is located at 8402 NW 90th St Medley, FL.
    What are key features of this property?
    This property features: New Class A industrial park in Miami's Airport West submarket; Features 1 MSF across six buildings; Benefit from **32' - 36' clear heights**
    (312) 344-4347 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brad Kluever
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!