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7840 Northwest 58th Street

Lazaro Valdes Purchases Industrial Property From Glenn Wilson In Doral For $2 Million
SOLDIndustrial

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

George Smith

Smith Commercial Property Group

Broker

$159.2M

vol

18 deals

Broker
Glenn Wilson

Glenn Wilson

Seller

$26.1M

vol

2 deals

Seller

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