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

7450 NW 74 Ave

Medley, FL 33166  ·  Warehouse/Distribution  ·  Folio 2230110020714
Building
55,974
square feet
Lot
114,998
2.64 acres
Year built
1973
53 years old
Assessed value
$9,004,000
$161/SF assessed

Ownership and recorded sale history

Owner of record7450 NW 74 AVE LLC
Entity statusActive — Florida Division of Corporations
Last recorded sale2020 — $4,900,000
At that sale$88/SF
Years since6 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
2022–2025
Median price/SF
$235
$133 – $364
Median size
41,494
square feet
Median vintage
1979
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 $161/SF. Recorded sales of industrial properties in Medley / NW 66th Street since 2022 have a median of $235/SF, across a range of $133/SF to $364/SF.

Across those 8 recorded sales, the median sale price came in at 1.32× 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 94th percentile of industrial properties that have traded in this corridor — 7 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
8505 NW 74 St
Heavy Manufacturing
60,17519912025$21,900,000$364
7391 NW 78 St
Warehouse/Distribution
39,38419662025$10,780,000$274
7210 NW 77 St
Light Manufacturing
34,85019792025$7,000,000$201
7500 NW 82 St
Warehouse/Distribution
26,52419772025$6,625,000$250
9090 NW S River Dr
Light Manufacturing
43,60419802024$9,561,300$219
9092 NW S River Dr
Warehouse/Distribution
35,93819812024$7,727,000$215
7555 NW 74 Ave
Light Manufacturing
44,57319732024$5,937,500$133
8050 NW 90 St
Warehouse/Distribution
57,20319812022$20,000,000$350
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 2230110020714." 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.