Value drivers for industrial property in South Florida.
Four variables explain the majority of value variance across industrial property in Broward, Palm Beach, and Miami-Dade. Comparable-sales analysis is the foundation; these drivers are the layer that separates a defensible number from a misleading average.
Clear height
Modern logistics demands 32'+ clear; older 18–24' clear buildings discount 25–40%.
Dock-door ratio
1 dock per 8,000–10,000 SF is institutional standard; deficient ratios force user-only buyer pools.
Truck court depth
120'+ truck courts accommodate 53' trailers; <100' eliminates institutional logistics tenants.
Submarket and last-mile demand
Doral and Medley command 30–50% premiums over outer-ring submarkets.
What owners ask before requesting a industrial BOV.
- What's my warehouse worth in the current industrial market?
- Should I reposition or sell my older industrial building?
- Is now the time to exit or hold for further rent growth?
The free BOV memo answers all three by benchmarking the property against recent qualified sales in the same submarket, applying the value drivers above, and laying out three exit paths — Hold, Reposition, and Entitled — with net-to-owner math for each.
Get a free BOV on your industrial property.
Search any commercial industrial parcel in Broward, Palm Beach, or Miami-Dade. Justin replies within one business day with a comp-driven memo covering three exit paths.
Other commercial property types covered.
Frequently asked questions about industrial valuation.
How is industrial commercial property valued?
Industrial & Warehouse are valued primarily on the income approach (capitalized net operating income) and the sales-comparison approach (arms-length comps adjusted for size, vintage, and condition). The industrial BOV from Mattis Advisors uses recent qualified sales matched on use code and zip, then layers in submarket-specific drivers like clear height, dock-door ratio.
What's the difference between a industrial BOV and an appraisal?
A formal industrial commercial appraisal is performed by a state-certified appraiser following USPAP standards, costs $2,500 to $7,500 depending on complexity, and takes 3 to 8 weeks. A Broker Opinion of Value is delivered free in one business day, uses similar comparable-sales methodology, and is widely accepted for strategic decisions like list pricing, refinance support, or 1031 planning. Appraisals are required for lender financing and litigation; BOVs are not.
Which South Florida markets cover industrial?
Industrial & Warehouse BOVs cover every commercial parcel across Broward, Palm Beach, and Miami-Dade — 103,705 properties total. Coverage includes major industrial submarkets like Doral, Medley, and Pompano Beach.
How accurate is a industrial BOV?
The industrial BOV memo derives its indicated value range from arms-length sales matched on use code and zip code since 2020, then adjusts for the value drivers above. It's a defensible starting point but not a substitute for a property walkthrough — physical condition, tenant credit, deferred capex, and lease structure all move the number, and the memo always includes a walkthrough offer to tighten the range materially.