Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10099 89Th Ave Medley, FL 33178
    Back to Search
    Property profile & analytics

    10099 89Th Ave Medley, FL 33178

    View on Map
    • Warehouses
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 10099 89Th Ave

    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This single-tenant industrial property, located at 10099 NW 89th Ave #9-1357, Medley, FL 33178, offers 1,357 square feet of versatile space ideal for manufacturing, flex, warehouse, or distribution operations. The unit is part of the Medley Industrial Center, a complex featuring small bay docks and street-level warehouses, perfect for smaller service businesses. The space includes fully air-conditioned office space. The property benefits from a convenient location near major thoroughfares, providing easy access to NW 105th Way and South River Drive. Its strategic position offers quick access to the Florida Turnpike and Palmetto Expressway via Okeechobee Road, connecting to all major highways and ports in Miami-Dade County. Furthermore, Miami International Airport and PortMiami are within minutes via the Dolphin Expressway, while Broward County and Port Everglades are easily accessible via I-75 and I-95. The Medley Industrial Center offers units ranging from 1,300 to 15,000 square feet, making it a suitable option for businesses of various sizes. This specific unit is a single-tenant space, providing privacy and control.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Medley
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3418
    Latitude
    25.8652

    Comparable in this City

    • Value Estimation by Request

      9753 91St Ct

      Distribution properties
      9753 91St Ct, Medley, FL 33178
      View Details
    • Value Estimation by Request

      10049 89Th Ave

      Distribution properties
      10049 89Th Ave, Medley, FL 33178
      View Details
    • Value Estimation by Request

      8860 102Nd St

      Distribution properties
      8860 102Nd St, Medley, FL 33178
      View Details
    • Value Estimation by Request

      10099 89Th Ave

      Distribution properties
      10099 89Th Ave, Medley, FL 33178
      View Details
    • Value Estimation by Request

      9332 101St St

      Distribution properties
      9332 101St St, Medley, FL 33178
      View Details
    • Value Estimation by Request

      9384 102Nd St

      Distribution properties
      9384 102Nd St, Medley, FL 33178
      View Details

    Similar Nearby for Sale

    • $1,750,000

      Medley Industrial Unit For Sale

      Tenant-occupied industrial unit with office space and warehouse area.
      12605 NW 115Th Ave, Medley, FL 33178
      View Details
    • Contact for pricing
      8,000 SF

      Doral Warehouse with 36' Clearance

      8,000 SF warehouse with rear-load configuration near major highways.
      6371 SW 102Nd Pl, Doral, FL 33178
      View Details
    • Contact for pricing

      Doral Warehouse and Office Sublease

      Sublease opportunity with warehouse and office space near major highways.
      3450 Nw 115Th Ave, Doral, FL 33178
      View Details
    • $1,400,000
      2,132 SF

      Doral Flex Warehouse For Sale

      Well-maintained flex warehouse with office space in prime Doral location.
      11443 NW 34Th St, Doral, FL 33178
      View Details

    Similar Nearby for Lease

    • $0.60 SF/Yr
      159,914 SF

      Doral West Warehouse - 159,914 SF

      Spacious Doral warehouse, great price, ideal location.
      3450 115 Ave, Doral, FL 33178
      View Details
    • Contact for pricing

      Medley Distribution or Manufacturing Warehouse

      Functional industrial warehouse space in the Medley industrial market.
      9753 NW 91St Ct, Medley, FL 33178
      View Details
    • Contact for pricing

      Medley Industrial Warehouse Space

      Functional industrial warehouse space suitable for distribution or manufacturing.
      9375 NW 101St Rd, Medley, FL 33178
      View Details
    • Contact for pricing

      Premier Industrial Complex in Medley

      Functional warehouse space with excellent access to major transportation routes.
      8700 NW 100Th St, Medley, FL 33178
      View Details
    • Contact for pricing

      Flagler Station Warehouse Sub-Lease

      Industrial warehouse with office space in Flagler Station business park.
      11801 NW 100Th Rd, Medley, FL 33178
      View Details
    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.
    10099 89Th Ave
    Medley, FL 33178
    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

    Thank You for Inquiry
    10099 89Th Ave, Medley, FL, 33178
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!