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

1301 NW 89 Ct

Doral, FL 33172  ·  Heavy Manufacturing  ·  Folio 3530330190010
Building
73,340
square feet
Lot
127,562
2.93 acres
Year built
1972
54 years old
Assessed value
$14,428,000
$197/SF assessed

Ownership and recorded sale history

Owner of recordJUNE 54 PROPERTIES LLC
Entity statusActive — Florida Division of Corporations
Last recorded sale2021 — $17,000,000
At that sale$232/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 Doral East / NW 97th Avenue

Recorded transactions for industrial properties in the NW 97th Avenue and NW 12th Street corridor, narrowed to the buildings closest to this one in size and age.

Recorded sales
8
2021–2025
Median price/SF
$245
$155 – $333
Median size
81,741
square feet
Median vintage
1986
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 $197/SF. Recorded sales of industrial properties in Doral East / NW 97th Avenue since 2021 have a median of $245/SF, across a range of $155/SF to $333/SF.

Across those 8 recorded sales, the median sale price came in at 1.22× 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 1972, it is older than the 1986 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 90th percentile of industrial properties that have traded in this corridor — 9 of the 94 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

PropertySizeBuiltSoldPricePer SF
2011 NW 89 Pl
Light Manufacturing
98,19319812025$24,106,000$245
2601 NW 104 Ct
Warehouse/Distribution
61,24119932025$20,400,000$333
2100 NW 88 Ct
Warehouse/Distribution
111,52919842024$17,255,400$155
2122 NW 99 Ave + 1 more parcel
Light Manufacturing · combined 41,353 SF portfolio sale
41,35319882024$12,000,000$290
1910 NW 97 Ave
Warehouse/Distribution
108,38619792023$26,420,000$244
9950 NW 25 St
Heavy Manufacturing
84,48219842021$19,750,000$234
8788 NW 27 St
Warehouse/Distribution
64,42620002021$16,650,000$258
3075 NW 107 Ave + 1 more parcel
Warehouse/Distribution · combined 79,000 SF portfolio sale
79,00019952021$15,600,000$197
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 3530330190010." 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.