12860 South River Dr Miami, FL 33178
This exceptional 28,544-square-foot warehouse, located at 12860 NW South River Dr #200 in Medley, Florida, presents a significant investment opportunity. Built in 2001, this industrial property boasts a desirable location in Miami-Dade County, offering easy access to major transportation arteries including the Florida Turnpike, Palmetto Expressway, and I-75. The warehouse features a substantial 24-foot clear ceiling height, providing ample vertical space for storage and operations. Loading and unloading are facilitated by four dock-high doors and one ground-level concrete ramp. The property also includes 4,000 square feet of office space distributed across two levels, equipped with a chair lift for convenient access. Three-phase 480-volt power and energy-efficient LED lighting are installed throughout. The warehouse is currently vacant and available for immediate lease or purchase. The property is zoned M-1 light industrial, allowing for a variety of uses. Abundant parking is available on-site. Racking systems are available for purchase with the property. The asking price is $9,990,400. The asking lease rate is $19.75 per square foot, gross. This property is situated near Okeechobee Road in Medley, Florida, zip code 33178.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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