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    11150 122nd St Medley, FL 33178-3456
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    Property profile & analytics

    11150 122nd St Medley, FL 33178-3456


    • Warehouses
    • 142,602 SF
    • 33.42 lot acres
    Off-Market
    Property ID
    US18-7782393
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $44,805,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 11150 122nd St

    Year built
    2015
    Lot size
    33.42 lot acres
    Property size
    142,602 SF
    Zone code
    7600:INTENSIVE USE
    Property type
    Warehouses
    APN
    22-2031-005-0020
    APU
    2220310050020

    Description

    This exceptional Class A warehouse facility, part of the prestigious Prologis Miami International Tradeport, offers 140,799 square feet of total space, with 140,400 square feet currently available for lease. The property boasts ten individual buildings, providing flexibility for various business needs. The high ceilings, measuring 32 feet, offer ample vertical storage capacity. Conveniently located at the southeast corner of NW 115th Avenue and NW 122nd Street in Medley, Florida, this strategically positioned property provides easy access to both Miami International Airport and the Port of Miami, significantly reducing transportation costs and time. Its proximity to Florida's Turnpike and south of Okeechobee Road ensures seamless connectivity to major transportation arteries. The property features 204 parking spaces, ensuring ample parking for employees and visitors. The building is institutionally owned and managed, guaranteeing a high level of maintenance and operational efficiency. This is a Prologis Clear Lease® property, offering greater certainty regarding lease expenses and capital costs. The multiple tenancy structure allows for flexibility in lease terms and space configurations. This prime location and superior amenities make this warehouse an ideal choice for businesses seeking a high-quality, strategically located industrial space.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $39,355,000
      6.5%
      $36,330,000
      7%
      $33,735,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $38,502,000
      Market price range: $2.57M - $38.5M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $56,045,000
      Current use
      MEDICAL BUILDING
      $62,630,000
      Change: +12% Conversion: Difficult
      RETAIL STORES
      $58,365,000
      Change: +4% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Medley
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3777
    Latitude
    25.8825
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,599,792
    $36,390,250
    $50,343,750
    $86,734,000
    -
    $36,390,250
    $50,343,750
    $86,734,000
    More about this property
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