Technical
Financial
Distress signals
Property profile

8700 93rd St Medley, FL 33178

OFF-MARKET
Automotive properties
Property ID
US18-3326153
10,000 SF 1.43 ac lot Built 1982
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1982
Construction CONCRETE
Total area 10,000 SF
Lot 1.43 ac (62,391 SF)
Zoning code 7100:INDUSTRIAL,LIGHT MFG
APN 22-3004-003-0021
UPID US18-3326153

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
  • General Contractor
  • Auto Repair Shop
  • Big Box & Wholesale Store Agricultural Supply

Location

8700 93rd St Medley, FL 33178-1412
Medley metro Census 9040 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.58M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.55M

Owner & transaction history

since 2021
Last sale
$2.9M
2 recorded transactions
2021
$2.9M
2007
Price N/A

Zoning & alternative use

7100:INDUSTRIAL,LIGHT MFG · Medley, FL

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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