Public market commentary. This property is not listed for sale by Justin Crow · Mattis Advisors.

285 W 74 Pl

Hialeah, FL 33014  ·  Light Manufacturing  ·  Folio 0421300000058
Building
39,631
square feet
Lot
61,710
1.42 acres
Year built
1970
56 years old
Assessed value
$5,533,000
$140/SF assessed

Ownership and recorded sale history

Owner of recordPTF INDUSTRIAL COATINGS INC
Entity statusActive — Florida Division of Corporations
Last recorded sale2021 — $5,200,000
At that sale$131/SF
Years since5 years
Miami-Dade County Property Appraiser and Florida Division of Corporations. Public records; may lag actual events.

What has actually traded in North Hialeah / West 84th

Recorded transactions for industrial properties in the West 84th Street corridor, narrowed to the buildings closest to this one in size and age.

Recorded sales
8
2021–2026
Median price/SF
$227
$116 – $290
Median size
36,343
square feet
Median vintage
1967
year built
Computed across the 8 sales listed below — the closest matches to this building by size and vintage. Transfers under $100,000, multi-parcel portfolio deals that cannot be allocated, and land-dominant parcels are excluded.

Reading this against the corridor

The county assesses this building at $140/SF. Recorded sales of industrial properties in North Hialeah / West 84th since 2021 have a median of $227/SF, across a range of $116/SF to $290/SF.

Across those 8 recorded sales, the median sale price came in at 1.38× the county assessed value. Assessed values are set for taxation and are reset on their own schedule, so they routinely sit apart from transaction prices — in either direction.

By footprint it sits in roughly the 79th percentile of industrial properties that have traded in this corridor — 5 of the 24 recorded sales were of larger buildings.

The assessment works out 39% below the median price per square foot of the comparable sales shown below. That is an arithmetic comparison of a tax figure against transaction prices, not a statement about what this building would sell for.

What this means for this building depends on what no public record contains — the leases, the condition, the rent roll.

Recorded sales of comparable size and vintage

PropertySizeBuiltSoldPricePer SF
7555 W 2 Ct
Warehouse/Distribution
19,75319692026$4,500,000$228
325 W 74 Pl + 2 more parcels
Warehouse/Distribution · combined 62,544 SF portfolio sale
62,54419702025$15,000,000$240
6969 W 20 Ave
Warehouse/Distribution
49,95619662025$13,100,000$262
7501 W 18 Ln
Warehouse/Distribution
65,30219672025$11,800,000$181
550 W 84 St
Warehouse/Distribution
22,73019632025$6,600,000$290
370 W 78 Rd
Light Manufacturing
18,31619682025$4,152,300$227
7445 W 4 Ave
Warehouse/Distribution
20,27019672022$4,552,600$225
7410 W 18 Ln + 3 more parcels
Warehouse/Distribution · combined 59,188 SF portfolio sale
59,18819682021$6,870,000$116
Recorded sale prices from Miami-Dade County public records. Comparable transactions — not an appraisal, and not an opinion of value for this or any property.

Important Disclosures

Not a listing. The property described on this page is not listed for sale or lease by Justin Crow or Mattis Advisors. Justin Crow has no listing authority for this property and does not represent the owner unless explicitly engaged in a written agreement.

Not an appraisal. Nothing on this page constitutes an appraisal, a Broker's Opinion of Value, or a Broker Price Opinion under Florida Statute 475.612. The submarket benchmarks shown are general market observations and are not specific opinions of value for this property.

Public records. All property data is sourced from the Miami-Dade County Property Appraiser's public records and is reproduced here for informational purposes. Property data may be inaccurate or out of date. Justin Crow makes no warranty as to the accuracy or completeness of any information on this page.

Owner opt-out. If you are the owner of this property and would prefer this page be removed, please email justin@mattisadvisors.com with the subject "Opt-out — Folio 0421300000058." We will remove the page within 24 hours of receipt, no questions asked.

About. Justin Crow is a Florida-licensed real estate associate operating under Mattis Advisors. Brokerage activity is conducted through Mattis Advisors.