How do you value an industrial property?

An industrial property is valued by dividing its annual net operating income (NOI) by a market cap rate: Value = NOI ÷ Cap Rate. The cap rate is driven mainly by building format (modern bulk, last-mile, flex, cold storage, IOS) and location, then adjusted for remaining lease term and clear height. This estimator blends a format-tier cap rate (60%) with a county cap rate (40%).

What cap rate should I use to value my warehouse or industrial building?

Modern bulk warehouse trades around 5.75%–6.75%, last-mile infill 5.50%–6.50%, flex/R&D 6.50%–7.50%, cold storage 6.25%–7.25%, and industrial outdoor storage (IOS) 6.75%–8.00%. Florida county ranges run from roughly 5.25% in Miami-Dade to 7.50% in tertiary markets. Longer remaining lease term and 32'+ clear height command tighter (lower) cap rates and higher values.

Is this industrial valuation an appraisal?

No. It is an automated estimate based on market cap-rate ranges, not a formal opinion of value or appraisal. The real number depends on tenant credit, dock and power specifications, submarket vacancy, and what comparable industrial assets are actually trading for. Request a broker-reviewed valuation for current comps.

How do I sell my industrial property in Florida?

Start with a value estimate, then get a broker opinion of value backed by current comparable sales and live buyer demand. MaxLife Commercial markets warehouse, distribution, flex, and IOS assets to institutional allocators, owner-users, and 1031 exchange buyers across Florida, including off-market placement to a vetted buyer list.

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What's My Industrial Property Worth?

Get an instant value range from your building format, county, NOI, and lease term — then a broker-reviewed valuation backed by current Florida industrial comparable sales and live buyer demand.

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Your property

Building format

32'+ clear height, cross-docked, institutional spec · market cap 5.75% – 6.75%

County

Doral distribution hub, PortMiami access — tightest industrial cap rates in Florida · county range 5.25% – 6.25%

Annual net operating income (NOI)

Building size (SF)

Used to show implied price per SF.

Remaining lease term (years)

0 if vacant or owner-occupied (multi-tenant/vacant widens the estimate).

Clear height

Estimated value range

$6,106,870 – $7,207,207

Midpoint $6,611,570 at an implied cap rate of 6.05% (5.55%–6.55%) · $83/SF

Format cap (midpoint)

6.25%

weighted 60%

County cap (midpoint)

5.75%

weighted 40%

Applied cap rate

6.05%

value = NOI ÷ cap rate

Estimate only — not a formal opinion of value or appraisal. It blends market cap-rate ranges by building format and county, then adjusts for remaining lease term and clear height. Actual value depends on tenant credit, dock/power spec, submarket vacancy, and what comparable industrial assets are actually trading for.

Get a broker-reviewed valuation & comps

This automated number is a starting point. Tell us where to send it and Ryan will prepare a valuation backed by current Florida industrial comps — and gauge what buyers would actually pay for your property today. No obligation.

Submitting does not create a brokerage or listing relationship. MaxLife Realty LLC · Ryan Solberg, FL Broker License #BK3354351.

How industrial valuation works

Start with NOI ÷ cap rate

An industrial property is priced off its income. Value equals annual net operating income divided by a market cap rate. A $400,000 NOI at a 6.25% cap rate is worth about $6.4M.

Building format sets the cap rate

Modern bulk and last-mile infill trade at the tightest caps; flex, small-bay, and IOS price wider. This tool weights the format-tier cap rate at 60% and the county at 40%, then adjusts for remaining lease term and clear height.

Get the real number from comps

The estimate is a starting point. A broker-reviewed valuation uses current comparable industrial sales and live buyer interest to price your specific asset.

Thinking about selling?

Sell your commercial property

Seller representation for industrial, NNN, retail, and hospitality across Florida.

Selling into a 1031 exchange?

Defer capital gains by rolling your sale proceeds into replacement industrial property.

Florida industrial market report

See cap-rate ranges, vacancy, and absorption to sanity-check your estimate.

Browse industrial properties

See what comparable warehouse, distribution, and flex assets are listed across Florida.

Disclaimer: This estimator is for educational and informational purposes only and is not an appraisal, a formal opinion of value, or a guarantee of sale price. Estimates are derived from representative market cap-rate ranges and do not account for tenant credit, dock/power specifications, environmental factors, or current buyer demand. Consult a licensed commercial real estate broker before making any decision. MaxLife Realty LLC · Ryan Solberg, FL Broker License #BK3354351.

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