7804 72Nd Ave Medley, FL 33166
- Industrial properties
- 23,850 SF
- 1.31 lot acres
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 7804 72Nd Ave
- Year built
- 1977
- Construction
- CONCRETE
- Lot size
- 1.31 lot acres
- Property size
- 23,850 SF
- Zone code
- 7100:INDUSTRIAL,LIGHT MFG
- Property type
- Industrial properties
- APN
- 22-3011-002-1560
- APU
- 2230110021560
Description
This exceptional business opportunity presents a well-established industrial company located at 7804 NW 72nd Ave, Medley, FL. Boasting a substantial 23,850 square foot facility, this turnkey operation has thrived for 37 years, supplying components for power and transmission systems. The business carries an impressive inventory of 40 different brands, establishing a strong and diverse customer base. The current owner is seeking a buyer to continue the legacy of this successful enterprise. The sale includes the established business, its inventory, and existing client relationships. A key advantage is the low rental cost associated with the property, providing significant cost savings and contributing to the high profitability of the business. This is a rare chance to acquire a profitable, long-standing business with a proven track record in a prime location. The business is ready for immediate operation, offering a seamless transition for the new owner. Financial details are available upon request, allowing potential buyers to thoroughly assess the investment opportunity. Serious inquiries only. Don't miss this chance to own a successful and established business in the thriving Medley market. Act quickly, as this opportunity is unlikely to remain available for long.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,340,000
- 6.5%
- $4,930,000
- 7%
- $4,575,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,131,000
- AI Estimate
- $2,741,000
Market price range: $3.78M - $7.27MMarket price range: $891k - $5.08M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $5,470,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $6,780,000 Change: +24% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Medley
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.3149
- Latitude
- 25.845
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA