Medley
Beacon Lakes Adjacent - 8 Acres
Beacon Lakes area, Medley/Doral, FL
Public folio mask: 30-3022-***-2100
Ask
TBD
Acreage
8.00 acres
Land basis
TBD
Diligence score
6.3 / 10
Underwriting notes
Higher-upside assembly thesis near Beacon Station precedent, but diligence burden is materially heavier.
Fit to Corridor Memo
Supported exit
$67.80 / SF
Spread to corridor exit
TBD
Current zoning
GU
Target zoning
IU-1
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 GU or needs a conversion into IU-1.
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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