What are median sale prices per square foot in Airport West & Medley (ZIPs 33126, 33166)?

ZIP 33126: $326 on 12 sales; ZIP 33166: $323 on 79 sales. A median mixes property types and ages, so compare the building to similar recorded sales.

How many bank REO transfers appear in the sales data for Airport West & Medley (ZIPs 33126, 33166)?

ZIP 33126: 1, with 12 arm’s-length sales; ZIP 33166: 4, with 79 arm’s-length sales. The count shows what was recorded, not what is for sale today.

Who owns commercial property in Airport West & Medley (ZIPs 33126, 33166)?

ZIP 33126: 51.6% held by entities, 9.8% out-of-state owners; ZIP 33166: 82.1% held by entities, 6.8% out-of-state owners. To reach an owner, you may need an entity’s registered agent or a mailing address outside Florida.

How old are commercial buildings in Airport West & Medley (ZIPs 33126, 33166)?

Median year built: ZIP 33126: 1976; ZIP 33166: 1982. Age alone doesn’t set condition, so check the roof, HVAC and electrical systems and their records.

What is the average building area per parcel in Airport West & Medley (ZIPs 33126, 33166)?

63.7 million SF ÷ 3,801 parcels ≈ 16,753 SF. An average can hide a few very large buildings.

Hypothetical: a 17,000 SF building in Airport West & Medley priced at the ZIP 33126 median of $326 per SF. What is the price?

17,000 × $326 = $5.54 million. That is arithmetic on a median, not an appraisal or an opinion of value.

Same hypothetical 17,000 SF building, with an assumed 7.5% cap rate. What NOI would $5.54 million need?

$5.54 million × 7.5% = $415,650 a year. The cap rate is an assumption for practice, so check the actual rent roll and expenses.

With $415,650 of NOI, what is the most annual debt service an assumed 1.25 DSCR allows?

$415,650 ÷ 1.25 = $332,520 a year. Lender terms vary, so treat 1.25 as an example.

ZIP 33126 has a median of $326 per SF and ZIP 33166 $323. What is the gap on a 17,000 SF building?

$3 × 17,000 = $51,000. ZIP medians can rest on few sales, so check what actually sold.

About how many industrial parcels are in Airport West & Medley (ZIPs 33126, 33166)?

ZIP 33126: 24.2% of 1,171 ≈ 283; ZIP 33166: 73.7% of 2,630 ≈ 1,938.

Heavy Industrial & Distribution · Miami-Dade County

Airport West & MedleyCommercial Real Estate Broker & Market Guide

Airport West and Medley form the heavy-industrial core of Miami-Dade, north and west of Miami International Airport. The area is dense with distribution warehouses, outdoor storage, manufacturing and truck terminals.

Marketed by Michael R. Linton, Florida Broker #BK703722 · NCREA · CREIPS · REALTOR® · Serving Airport West & Medley commercial real estate.

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By the numbers · data as of November 7, 2026

Airport West & Medley commercial real estate by the numbers

The 2026 final tax roll lists 3,801 commercial and industrial parcels with 63.7 million square feet of buildings in Airport West & Medley (ZIPs 33126, 33166), with 91 arm’s-length sales on the roll. Median sale prices run $323–$326 per square foot by ZIP.

Commercial and industrial parcels

3,801

2026 final tax roll

Building square feet

63.7M

2026 final tax roll

Arm’s-length sales

on the roll sales file, excluding hotels

Median $/SF by ZIP

$323–$326

ZIP medians, 5+ sales

ZIP	Parcels	Bldg SF	Sales	Median $/SF	Median year built	Out-of-state owners	Bank REO
33126	1,171	21.9M	12	$326	1976	9.8%	1
33166	2,630	41.8M	79	$323	1982	6.8%	4

For context, Miami-Dade County as a whole has a median of $373 per square foot on 1,278 sales. Year to date through September 2026, the county median is $378, +3.0% from a year earlier.

Miami-Dade County Market Pulse

Asking-side listing data for every Florida county: inventory, days on market, price cuts and listing prices, from Realtor.com® Economic Research. These are listings, not closed sales.

Miami-DadeCounty · details →
Active listings
17,010
down −7.9% YoY
Median days on market
87 days
Listings with price cuts
12.9%
Median listing $/SF
$458
Listing price, YoY
down −1.3%
Median listing price $589K
Market condition
Balanced
vs. Florida statewide^*
Source: Realtor.com® Economic Research, September 2026.

How these figures are calculated

* Market condition. Market condition compares a county's share of active listings with a price reduction and its median days on market with the Florida statewide figures Realtor.com publishes for the same month. Both above the statewide figure: leaning buyer's market. Both below: leaning seller's market. Anything else, including a tie or one missing metric: balanced. Both metrics missing, or no statewide figure for that month: shown as —. This is a read of asking-side listing data only; it is not months of inventory or a measure of closed sales. Florida statewide, September 2026: 20.1% of listings with a price cut, 81 median days on market. Methodology · Data dictionary

Residential. Realtor.com® Economic Research, monthly. Listing counts, days on market and listing prices come from the monthly history; price-cut share and $/SF are stored for the latest month (September 2026) only. Earlier months show the snapshot for that month, not an average. YoY compares a month with the same month a year earlier; for September 2026 it uses Realtor.com's published YoY figures.

Commercial. Florida Department of Revenue tax roll (NAL/SDF) and Florida Department of State (Sunbiz), via LGData; Linton Global calculations. Commercial (DOR 010-039) and industrial (040-049) parcels. Sales and $/SF = arm's-length single-parcel sales (DOR qualification codes 01-02) on the current roll, excluding hotels/motels (DOR 039, which in resort counties includes condo-hotel and vacation-rental units). Areas with fewer than 5 parcels, and $/SF medians from fewer than 5 sales, are suppressed.

The full Miami-Dade County report

Study mode · 11 flash cards

Airport West & Medley Commercial Real Estate

11 cards from the numbers above. Worked examples are hypothetical.

This market in numbers 5Work the numbers 6

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This market in numbers

How much commercial property is in Airport West & Medley (ZIPs 33126, 33166)?: The 2026 final tax roll lists 3,801 commercial and industrial parcels with 63.7 million square feet of buildings.
What are median sale prices per square foot in Airport West & Medley (ZIPs 33126, 33166)?: ZIP 33126: $326 on 12 sales; ZIP 33166: $323 on 79 sales. A median mixes property types and ages, so compare the building to similar recorded sales.
How many bank REO transfers appear in the sales data for Airport West & Medley (ZIPs 33126, 33166)?: ZIP 33126: 1, with 12 arm’s-length sales; ZIP 33166: 4, with 79 arm’s-length sales. The count shows what was recorded, not what is for sale today.
Who owns commercial property in Airport West & Medley (ZIPs 33126, 33166)?: ZIP 33126: 51.6% held by entities, 9.8% out-of-state owners; ZIP 33166: 82.1% held by entities, 6.8% out-of-state owners. To reach an owner, you may need an entity’s registered agent or a mailing address outside Florida.
How old are commercial buildings in Airport West & Medley (ZIPs 33126, 33166)?: Median year built: ZIP 33126: 1976; ZIP 33166: 1982. Age alone doesn’t set condition, so check the roof, HVAC and electrical systems and their records.

Work the numbers

What is the average building area per parcel in Airport West & Medley (ZIPs 33126, 33166)?: 63.7 million SF ÷ 3,801 parcels ≈ 16,753 SF. An average can hide a few very large buildings.
Hypothetical: a 17,000 SF building in Airport West & Medley priced at the ZIP 33126 median of $326 per SF. What is the price?: 17,000 × $326 = $5.54 million. That is arithmetic on a median, not an appraisal or an opinion of value.
Same hypothetical 17,000 SF building, with an assumed 7.5% cap rate. What NOI would $5.54 million need?: $5.54 million × 7.5% = $415,650 a year. The cap rate is an assumption for practice, so check the actual rent roll and expenses.
With $415,650 of NOI, what is the most annual debt service an assumed 1.25 DSCR allows?: $415,650 ÷ 1.25 = $332,520 a year. Lender terms vary, so treat 1.25 as an example.
ZIP 33126 has a median of $326 per SF and ZIP 33166 $323. What is the gap on a 17,000 SF building?: $3 × 17,000 = $51,000. ZIP medians can rest on few sales, so check what actually sold.
About how many industrial parcels are in Airport West & Medley (ZIPs 33126, 33166)?: ZIP 33126: 24.2% of 1,171 ≈ 283; ZIP 33166: 73.7% of 2,630 ≈ 1,938.

Source: Florida Department of Revenue tax roll and Florida Department of State, via LGData; Linton Global calculations. Commercial and industrial parcels; sales are arm’s-length, single-parcel transfers, excluding hotels and motels. Medians from fewer than 5 sales are not shown, and a small sample can swing a ZIP median, so read each one with its sales count. * Fewer than 10 sales.

Live market data · refreshed as each source publishes

Airport West & Medley: key facts for September 2026

In September 2026, the median listing price in Miami-Dade County was $589K, down 1.3% from a year earlier, with 17,010 homes for sale (Realtor.com).
FHFA’s house price index for Miami-Dade County rose 2.8% in 2025.
Investors took out 19.8% of home-purchase mortgages in Miami-Dade County in 2025 (HMDA; cash purchases not included).
Miami-Dade County had 1,276,535 jobs (2025 annual average), up 1.5% from the prior year (BLS QCEW).
The unemployment rate was 1.9% in September 2026 (BLS, not seasonally adjusted).
Permits were issued for 8,775 housing units in January–September 2026, down 19.9% from the same months a year earlier (U.S. Census Bureau).

Open the Miami-Dade County market report →Miami-Dade County data & trends Explore on the Market Map

ZIP code snapshot for Airport West & Medley

Listing data for September 2026 (Realtor.com) · HUD Fair Market Rent FY2027. *Share of home-purchase mortgages for investment property (2025, HMDA, estimated from census tracts; cash purchases not included). Open any ZIP for its full report.

ZIP	Area	Median list price	vs. last year	Homes for sale	HUD 2BR rent	Investor share*
33126	Miami	$305K	+2.0%	138	$2,690/mo	34.1%	Report →
33166	Miami	$571K	+0.7%	152	$2,650/mo	18.7%	Report →

Sources: Realtor.com® Economic Research, FHFA, U.S. Bureau of Labor Statistics, U.S. Census Bureau. County-level figures; informational only, not an appraisal.

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Airport West & Medley: Market Overview

Medley is a small town that is almost entirely industrial, with large outdoor storage, building-materials yards and manufacturing. The Airport West area holds mid-size distribution and freight buildings tied to air cargo.

Industrial outdoor storage (IOS), truck parking and container yards are in high demand because little land remains for them anywhere in the county.

Many buildings are older and owner-occupied, which makes owner-user sales and sale-leasebacks common.

Economic Drivers

Air Cargo

Miami International Airport freight operations

Outdoor Storage & Truck Yards

Scarce land for IOS and logistics

Manufacturing & Building Materials

Concrete, aggregates and fabrication

Highway Access

Florida’s Turnpike, the Palmetto and Okeechobee Road

Asset Class Activity in Airport West & Medley

Asset Class	Activity	Market Commentary
Industrial / Logistics	Hot	Distribution, IOS and truck terminals
Owner-User Industrial	Strong	Older buildings sold by long-time owners
Retail / Office	Selective	Limited and secondary to the industrial base

Why Invest in Airport West & Medley?

Industrial land is scarce in Miami-Dade, and this is where most of it is. Owner retirements, sale-leasebacks and environmental clean-up sites create opportunities for prepared buyers.

Frequently Asked Questions

Is Michael R. Linton a licensed commercial real estate broker in Airport West & Medley?

Yes. Michael R. Linton is a Florida-licensed commercial real estate broker (FL Broker #BK703722) with 39 years of transaction experience, serving Airport West & Medley and the broader Miami-Dade County market. He holds NCREA (National Commercial Real Estate Advisor), CREIPS (Certified Real Estate Investment Property Specialist), and REALTOR® credentials, and advises investors, owners, and tenants on multifamily, office, industrial, retail, hospitality, land, mixed-use, medical office, self storage, and special-purpose commercial real estate in Airport West & Medley.

How do I contact a commercial real estate broker in Airport West & Medley?

Contact Michael R. Linton at Linton Global Solutions — (312) 612-1031 or mike@lintonglobal.com — for a free Airport West & Medley commercial real estate consultation. Linton Global Solutions serves Airport West & Medley across all major asset classes and represents both buy-side and sell-side principals, plus 1031 exchange replacement-property sourcing.

What is industrial outdoor storage (IOS)?

Land used for truck parking, container and equipment storage, usually with a small building. It is in short supply in Miami-Dade, so it trades at strong prices.

Are there environmental risks with Medley industrial property?

Older heavy-industrial sites can carry contamination. A Phase I environmental site assessment is standard before buying, and auto-related uses deserve extra caution.

Who can help with Airport West and Medley commercial real estate?

Michael R. Linton, Florida Broker #BK703722, and Linton Global Solutions advise on Airport West and Medley acquisitions, dispositions, financing and bank-owned (REO) and distressed commercial property. Our Miami-Dade numbers come from LGData, our database of Florida Department of Revenue tax-roll records.

Looking at a Deal in Airport West & Medley?

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