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Property profile & analytics
OFF-MARKET Estimated value $1,170,000
Warehouses

7711 74th Ave Medley, FL 33166-7501

6,307 SF 0.76 ac lot Built 2003
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US18-3061197
Property summary
AI-generated overview

This exceptional 6,307-square-foot industrial property, situated on a 0.76-acre lot in Medley, Florida, presents a compelling investment or owner-user opportunity. Built in 2003, the building features a robust twin T concrete roof and boasts a generous 20-foot clear ceiling height, providing ample space for various industrial operations. The property's strategic location in the heart of Medley offers excellent accessibility and visibility. Four 14x12-foot street-level doors facilitate efficient loading and unloading, while the three-phase electrical service ensures sufficient power for demanding industrial applications. The expansive 33,000-square-foot lot provides ample room for maneuvering and potential expansion. This versatile property is ideally suited for a range of industrial uses and offers significant potential for subdivision into four separate bays, catering to diverse business needs or allowing for phased occupancy and future expansion. The asking price is $3,000,000. This represents a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving market. The property's size, features, and location make it an attractive option for both end-users and investors seeking a strong return on investment.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2003
Construction CONCRETE
Total area 6,307 SF
Lot 0.76 ac (32,949 SF)
Zoning code 7100:INDUSTRIAL,LIGHT MFG
APN 22-3011-002-0725
UPID US18-3061197
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.59M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.17M
Owner & transaction history
7711 Properties LLC · 9 yrs held
7711 Properties LLC
since 2017
3 recorded transactions
2017
$1.0M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Medley, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Building and Zoning Department
Top alternative use upside
Neighborhood: shopping center $1.8M +2.2%
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