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    Property profile & analytics

    8700 93rd St Medley, FL 33178-1412

    • Automotive properties
    • 10,000 SF
    • 1.43 lot acres
    OFF-MARKET
    Value Estimation
    $2,725,000
    Last Sale
    Feb 05, 2021
    $2,900,000
    Location Intelligence
    Property ID
    US18-3326153
    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.

    Current Use by Public Records

    • Ram Jack of South Florida / Contractor
    • Viera Truck Repair / Truck Repair Shop
    • Lazo's Tractor Equipment Services / Farm Equipment Supplier

    Property Details for 8700 93rd St

    Year built
    1982
    Construction
    CONCRETE
    Lot size
    1.43 lot acres
    Property size
    10,000 SF
    Zone code
    7100:INDUSTRIAL,LIGHT MFG
    Property type
    Automotive properties
    APN
    22-3004-003-0021
    APU
    2230040030021

    Description

    This exceptional 62,391 square foot industrial property in Medley, Florida, presents a unique investment opportunity. The site boasts a 10,000 square foot warehouse structure built in 1982, currently operating as a truck mechanic repair shop, included in the asking price of $10,000,000. The building is considered to be in above-average condition for the area. Its strategic location at the southwest corner of NW 87th Avenue and NW 93rd Street provides exceptional visibility and accessibility. The property enjoys significant street frontage, measuring 312 feet along NW 87th Avenue and 200 feet along NW 93rd Street. Its M1 zoning classification allows for a wide range of potential uses. Furthermore, its proximity to major roadways such as Okeechobee Road, the Turnpike, and the Palmetto Expressway (SR 826) ensures convenient access to transportation networks. This prime location in Miami-Dade County, with its zip code 33178, offers significant potential for growth and return on investment. All offers are welcome.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,550,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,975,000
      6.5%
      $2,610,000
      7%
      $2,950,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,010,000
      Geo Method
      $2,660,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,970,000
      Retail
      $2,725,000
      Mixed-Use
      $2,645,000
      Hospitality
      $2,990,000
      Educational
      $2,525,000
      Residential Income
      $2,565,000
      Energy
      $2,360,000
      Income-Based Land
      $2,645,000
      Food Service
      $2,660,000

    Location Insight

    • Map
    • Local Demand
    City
    Medley
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3391
    Latitude
    25.8575
    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
    $56,940
    $3,119,550
    $335,111
    $3,454,661
    -
    $3,119,550
    $335,111
    $3,454,661

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      7,000 SF

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      10890 Nws Riv Dr, Medley, FL 33178-1129
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    8700 93rd St
    Medley, FL 33178-1412
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    Realmo Value Estimation

    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.

    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.

    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
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