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Property profile

7675 80th Ter Medley, FL 33166

OFF-MARKET
Warehouses
Property ID
US18-2813739
View Sample
41,867 SF 14.42 ac lot Built 1972
Individually Owned 7-yr Hold Absentee Owner Free & Clear

Property summary

AI-generated overview

This single-tenant industrial property, located at 7675 NW 80th Terrace in Medley, Florida 33166, offers 15,560 square feet of versatile space ideal for manufacturing, warehousing, distribution, or R&D. The building is part of the Medley Palmetto Industrial Park, a complex featuring ten concrete dock-high buildings. This particular unit boasts fully air-conditioned office space, impressive 20-24' clear ceilings, and a spacious 150' truck court, ensuring efficient operations. The property's strategic location provides convenient access to major highways, including the Palmetto Expressway and Florida Turnpike, offering seamless connectivity to Miami International Airport, PortMiami, and other key transportation arteries. Its prime location on a major highway also provides excellent visibility and frontage. The park's proximity to Okeechobee Road allows for quick access to all major highways and ports in the county, while connections to I-75 and I-95 facilitate easy access to Broward County and Port Everglades. This functional and well-situated industrial space presents a compelling opportunity for businesses seeking efficient and strategically located operations in the thriving Medley industrial market. Minimum unit size in the park is 3,080 square feet.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1972
Construction CONCRETE
Total area 41,867 SF
Lot 14.42 ac (628,071 SF)
Zoning code 7100:INDUSTRIAL,LIGHT MFG
APN 22-3011-002-0780
UPID US18-2813739

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Hat Shop
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.48M

Owner & transaction history

since 2018
4 recorded transactions
2018
$92.3M
2013
Price N/A
2013
$48.3M
2011
Price N/A

Zoning & alternative use

7100:INDUSTRIAL,LIGHT MFG · Medley, FL
Top alternative use upside
Neighborhood: shopping center $11.9M +2.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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