Medley
NW South River Dr IOS Land
NW South River Dr, Medley, FL 33178
Public folio mask: 30-3029-***-0140
Image: LandSearch / Keller Williams Legacy
Ask
$6M
Acreage
25.00 acres
Land basis
$5.51 / SF
Diligence score
7.3 / 10
Underwriting notes
A rare 25-acre Medley land screen with real listing exposure. More yard and staging oriented than finished industrial, but that is exactly why it belongs in the public funnel.
Open original listingFit to Corridor Memo
Supported exit
$67.80 / SF
Spread to corridor exit
$62.29 / SF
Current zoning
Industrial Outdoor Storage
Target zoning
Industrial / powered yard
This screen inherits the corridor-level power, cap-rate and rack-rate assumptions from the corridor memo. It is not presented as a parcel-specific appraisal or utility commitment.
Open full corridor memoExecution Checklist
1. Verify zoning path
Confirm whether the site clears today under Industrial Outdoor Storage or needs a conversion into Industrial / powered yard.
2. Request utility letter
Corridor assumptions are only a screen. No IC committee should rely on them without a parcel-specific utility response.
3. Environmental gate
Run Phase I before hard pursuit on any non-core parcel, especially in Opa-Locka or conversion-heavy Medley screens.
Source Stack
Simi Capital Pays $31M for 10.5-Acre Medley Development Site
Traded • 2025-05-27
Broker-market comp used for Medley exit support. Derived land basis equals $67.80/SF on 10.5 acres.
Open sourceButters and First Industrial Acquire 21.35-Acre Site in Miami for $33.5M
Traded • 2024-12-30
Beacon Lakes-adjacent industrial development site comp. Read-through basis of roughly $36.01/SF on land area.
Open sourceNorth America Data Center Trends H2 2025
CBRE Research • 2026-02-26
Primary-market average asking rate increased to $195.94/kW/month. Sites with power access inside 18-36 months are highly sought after. Powered sites in Northern Virginia and the Northeast exceeded $8 million per acre.
Open sourceData center availability crisis deepens as vacancy hits historic low
JLL • 2025-08-22
JLL says North America inventory reached 15.5 GW in H1 2025 and average asset-level cap rates held around 6%.
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