Reliable Sources Indicate that the Commercial Property at the Address 12605 NW 115 Ave B-108, Medley, FL 33178 was Traded on August 23, 2021

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This is a news story only, not a listing.

It has been officially reported that the property located at 12605 NW 115 Ave B-108 in Medley within zip code 33178 and with the folio number 22-0300-026-0220 sold on August 23, 2021. The sale type was recorded as "Qual on DOS, multi-parcel sale." Selling prices of properties as recorded at the property appraiser frequently do not represent the whole story; thus full transaction details should be confirmed with the parties. In particular for this commercial property sale, since this is noted by the county as a multi-parcel sale, it is likely that the price reported as paid is for more than just this one folio. Specific information about the buyer and seller in this transaction may be found by navigating to our property appraiser links for this property, clicking through on the link to "Main Page with Lot Outline, Aerial Views," then clicking through on the applicable sale on the date August 23, 2021 and with an amount of $1,400,000.00 about two thirds down the page, under the heading "Sales Information."

When considering this 12605 NW 115 Ave B-108 property sale one should consider other properties within its zip code 33178, some of which are currently for sale in this same zip code, as well as off-market listings in the area. Information on prior sales of area properties as well as current listings can be useful to gauge area pricing, but are not perfectly reliable. Current zip code 33178 demographics information, with a dizzying array of charts, can be informative, as can the Zip Code 33178 Commercial Property Investment Profile page, displaying metrics on sales trends, turnover, and more. Demographics for Medley, the South Florida city in which the property is located, may also be worth reviewing.

Commercial properties that are currently listed in zip code 33178 can also give a representation of current market value, although it should be noted that actual selling prices are a better indicator as an asking price for any property is only that, an asking price. It can also prove insightful to view other commercial property holdings of and other information related to the property's recent ownership . Finally, a review of nearby businesses and resources and area traffic levels can be insightful, allowing the prospective buyer to quickly get a feel for area commerce and resources.

A birdseye view of the property is displayed above and a street map of the location is below. Additional information on this property, including other sales transactions amounts and links directly to pages for this property at the Miami-Dade County Property Appraiser website, can be found at this site's information page for this property. Note that the above birdseye aerial view and map herein were generated using the address recorded with the county property appraiser for the folio entered for this listing and that they are provided on a best efforts basis only and are not guaranteed.

Other places to find news stories related to Miami area commercial real estate include BisNow, The Real Deal, Globe Street, and Google News.

Update: This 12605 NW 115 Ave B-108 property in Medley within the zip code 33178 in Florida has subsequently been reported by the Miami-Dade Property Appraiser to have 4,875 adjusted square feet of building that was built in 2007 showing an effective year built (also) of 2007. This 4,875 square footage (adjusted) of building put it in the 2,500 to 5,000 square feet range. Further, again on a date after the sale, the property is referenced by Miami-Dade county as zoned 0000 - with a land use of 4118 - LIGHT MANUFACTURING : CONDOMINIUM - COMMERCIAL. Note that since this was reported subsequent to the sale, it is possible these were different at the time of the sale. Further, other commercial properties are now offered for purchase near this one, including those with the addresses 102 NW 102ND # 7200, 102 NW 74 # 114, 10601 NW 122nd St # 12, 10601 NW 122nd St # 13, 10601 NW 122nd St # 19, 119 AVE NW 52 STREET, 12268 & 12278 NW 106th Ct # 12268, 12278 NW 106th Ct # 12278, 12605 NW 115th Ave, 12605 NW 115th Ave # 104, 12860 NW South River Dr # 200, 6020 NW 99th Ave # 309, 6030 NW 99th Ave # 406, 6312 NW 97th Ave # 6, 6366 NW 99th Ave # 14, 8700 NW 93rd St, 8720 NW 93rd St, and others.

NOTE: This is a commercial real estate sales new story only - NOT a listing - about the August 23, 2021 sale of the commercial real estate property with Miami-Dade folio number 22-0300-026-0220 (2220300260220 without the dashes) and an address of 12605 NW 115 Ave B-108 in Medley, Florida 33178.