Flex Space with Eight Bay
8600 NW South River Dr Unit 1, Medley, FL 33166
For Sale
Contact for pricing
Industrial space combines office area, upgraded power service, and round-the-clock tenant access.
Property Size169,476 SF
Price / SF$0.00
Days on Market14
Property Features for 8600 NW South River Dr Unit 1
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Clear Height
Voltage
Sprinkler System
Additional Details
Property Use
Amenities
24/7 access
full security system
8.57603 acres, City Location, Near Airport
Parcel Number: 22-30-11-002-0500, Public Survey Range: 30, Public Survey Section: 11, Public Survey Township: 30, Annual Amount: $480,671, Legal Description: 11 53 40 SUB OF PB 2-17 PORT TRS 27 & 28 DESC AS BEG 120FT E & 708FT N OF W/L OF TR 25 TH N 01 DEG W 281FT N 36 DEG E 409.09FT N 89 DEG E 26, Zoning: 7100
Concrete
Listing ID: A12115014, Standard Status: Active, MLS Status: Active, Property Subtype: Industrial, On market as of 2026-10-29, Special Conditions: Lease
20 total parking spaces, Assigned, Free Parking
Built in 1970, Living area: 169476, Living area units: Square Feet, 1 building, 1 storey
County/Parish: Miami-Dade County
Leasable area: 6000, Leasable area units: Square Feet
Frontage Type: City Street
Accessible Parking
Building Details
Year Built
Listing Agency:
The Hype Real Estate Group Corp
Listed By:
Pablo Vignolo · License FL #3276129
(305) 303-3837
Source:
Riserealty
Added: Oct 29
Changed: Nov 10
Last Checked: Nov 10 at 8:40AM
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 The Hype Real Estate Group Corp
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Investment Insights
Based on property information with market context.
Unit 1 is a 6,000-square-foot flex space with eight bay doors, 17-foot clear height, office space, and two restrooms. Building features include 240V and 480V power, LED lighting, fire sprinklers, and a full security system. Tenants have access at all hours, with on-site parking available.
The property is near US Hwy 27 and the Palmetto Expressway, approximately 15 minutes from MIA. Zoning supports office, industrial, and medical uses.
The property is near US Hwy 27 and the Palmetto Expressway, approximately 15 minutes from MIA. Zoning supports office, industrial, and medical uses.
Key Highlights
- 6,000 SF of flex space with 17' clear height
- Eight bay doors, office space, and 2 restrooms
- 240V and 480V power service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,786,367
Suggested Prices Based on Cap Rates
Cap Rate 5%
$35,727,340
$35.7M
Cap Rate 7%
$25,519,529
$25.5M
Cap Rate 9%
$19,848,522
$19.8M
Market Conditions
NOI Build-Up for 169,476 SF
Gross rent
$2.91M $17.16/SF
− Vacancy
−$160.0K −$0.94/SF
EGI
$2.75M $16.22/SF
− OpEx
−$961.9K −$5.68/SF
NOI
$1.79M $10.54/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$35,727,340
Cap Rate 7%
$25,519,529
Cap Rate 9%
$19,848,522
Alternative Uses
Best Use
Warehouse
$31.79M
$27.82M – $37.09M
NOI $2,225,540 @ 7.0% cap
Second Best
Industrial
$26.14M
$22.87M – $30.49M
NOI $1,829,609 @ 7.0% cap
Theoretical Best
Office A
$92.55M
$80.98M – $107.97M
NOI $6,478,268 @ 7.0% cap
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
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Current Use
Lease Details
17 ft
Clear height
Yes
Sprinkler system
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
Properties on Market for Flex space in Medley
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Taste of Style Catering - Ballroom — 4747 NW 79th Ave, Miami, FL 33166
- Gourmet Concepts — 5231 Geneva NW 48th Way, Doral, FL 33166
- Funky Lab 305 — 5149 NW 74th Ave, Miami, FL 33166
- Green Meals — 7415 NW 54th St, Miami, FL 33166
- Aaron's Catering — 9605 NW 79th Ave, Hialeah Gardens, FL 33016
Frequently Asked Questions
What type of property is this?
Flex space - Industrial space combines office area, upgraded power service, and round-the-clock tenant access.
Where is this flex space located?
The property is located at 8600 NW South River Dr Unit 1 Medley, FL.
What are key features of this property?
This property features: 6,000 SF of flex space with 17' clear height; Eight bay doors, office space, and 2 restrooms; 240V and 480V power service
