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

7872 NW 46 St

Doral, FL 33166  ·  Warehouse/Distribution  ·  Folio 3530220260030
Building
4,800
square feet
Lot
not on record
Year built
2001
25 years old
Assessed value
$2,040,000
$425/SF assessed

Ownership and recorded sale history

Owner of record7878 VF PROPERTIES LLC
Entity statusActive — Florida Division of Corporations
Last recorded sale2024 — $3,630,000
At that sale$756/SF
Years since2 years
Miami-Dade County Property Appraiser and Florida Division of Corporations. Public records; may lag actual events.

What has actually traded in Doral South / NW 56th Street

Recorded transactions for industrial properties in the NW 56th and NW 54th Street industrial corridor, narrowed to the buildings closest to this one in size and age.

Recorded sales
8
2021–2024
Median price/SF
$294
$228 – $540
Median size
5,925
square feet
Median vintage
2001
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 $425/SF. Recorded sales of industrial properties in Doral South / NW 56th Street since 2021 have a median of $294/SF, across a range of $228/SF to $540/SF.

Across those 8 recorded sales, the median sale price came in at 0.92× 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 19th percentile of industrial properties that have traded in this corridor — 25 of the 31 recorded sales were of larger buildings.

The assessment works out 45% above 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
7713 NW 46 St 7
Warehouse/Distribution
5,92520012024$3,200,000$540
7758 NW 46 St
Warehouse/Distribution
4,80020012023$2,500,000$521
7703 NW 46 St 2
Warehouse/Distribution
5,92520012023$2,383,900$402
8497 NW 54 St 8497 + 1 more parcel
Light Manufacturing · combined 4,610 SF portfolio sale
4,61019862023$1,386,100$301
7853 NW 46 St 2
Warehouse/Distribution
5,92520012021$1,700,000$287
7863 NW 46 St 7
Warehouse/Distribution
5,92520012021$1,500,000$253
7857 NW 46 St 4
Warehouse/Distribution
5,92520012021$1,350,000$228
7770 NW 46 St
Warehouse/Distribution
4,80020012021$1,160,000$242
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 3530220260030." 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.