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

7275 NW 74 St

Medley, FL 33166  ·  Warehouse/Distribution  ·  Folio 2230110020662
Building
6,048
square feet
Lot
12,936
0.30 acres
Year built
1988
38 years old
Assessed value
$1,248,000
$206/SF assessed

Ownership and recorded sale history

Owner of recordL & R REAL ESTATE DEVELOPMENT
Entity statusActive — Florida Division of Corporations
Last recorded sale2021 — $1,200,000
At that sale$198/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 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.

Recorded sales
8
2023–2026
Median price/SF
$300
$166 – $355
Median size
5,560
square feet
Median vintage
1984
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 $206/SF. Recorded sales of industrial properties in Medley / NW 66th Street since 2023 have a median of $300/SF, across a range of $166/SF to $355/SF.

Across those 8 recorded sales, the median sale price came in at 1.25× 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 54th percentile of industrial properties that have traded in this corridor — 50 of the 109 recorded sales were of larger buildings.

The assessment works out 31% 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
7155 NW 77 Ter
Light Manufacturing
6,10419702026$1,772,500$290
8061 NW 66 St
Warehouse/Distribution
7,03619822024$2,500,000$355
8274 NW 66 St
Light Manufacturing
4,70819842024$1,483,100$315
8284 NW 66 St
Light Manufacturing
4,73019842024$1,466,300$310
8286 NW 66 St
Light Manufacturing
4,71819842024$1,465,000$311
7957 NW 67 St + 1 more parcel
Light Manufacturing · combined 6,615 SF portfolio sale
6,61519842024$1,100,000$166
8081 NW 66 St
Warehouse/Distribution
7,04319822023$1,900,000$270
8125 NW 93 St
Light Manufacturing
5,01519902023$1,200,000$239
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 2230110020662." 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.