7391 NW 78 St

Ownership and recorded sale history

What has actually traded in Medley / NW 66th Street

Recorded transactions for industrial properties in the NW 66th Street and South River Drive industrial corridor, narrowed to the buildings closest to this one in size and age.

Reading this against the corridor

The county assesses this building at $173/SF. Recorded sales of industrial properties in Medley / NW 66th Street since 2022 have a median of $217/SF, across a range of $133/SF to $282/SF.

Across those 8 recorded sales, the median sale price came in at 1.27× 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.

Built in 1966, it is older than the 1979 median vintage of what has been trading nearby — typically a repositioning, capital-expenditure or redevelopment conversation rather than a straight comparison.

By footprint it sits in roughly the 92th percentile of industrial properties that have traded in this corridor — 9 of the 109 recorded sales were of larger buildings.

The assessment works out 20% 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