Lazaro Valdes Purchases Industrial Property From Glenn Wilson In Doral For $2 Million
7840 Northwest 58th Street
$2,000,000
$378/SF
Building Size
5,282 SF
Asset Type
Industrial
Closing
Mar 5, 2026
AI
The transaction involved an industrial property located at 7840 Northwest 58th Street, in the Doral market. The property was sold for $2,000,000 and has a total square footage of 5,282, translating to a price per square foot of $378.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,000,000
- Buyer: Lazaro Valdes
- Seller: Glenn Wilson
- Broker: George Smith - Smith Commercial Property Group
- Square Footage: 5,282
- Price Per Square Foot: $378
- Date of Transaction: 03/06/2026
- Market: Doral
George Smith from Smith Commercial Property Group represented the broker in this sale. The transaction reflects ongoing demand in the industrial real estate sector, highlighting both the buyer's recognition of the property's long-term value and the seller's ability to leverage the strong market conditions for industrial assets.
Players
Doral Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93