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

Property Image
SOLD
$2,000,000
George Smith
Glenn Wilson

Florida

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Industrial5,282 SF
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Property Image
SOLD

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

7840 Northwest 58th Street

See Similar Deals
Industrial5,282 SF
Sold
George Smith
Glenn Wilson
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$378
Total Square Footage:5282 SF
Transaction Type:Sale

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
George Smith
17 deals$153.4M volume(305) 359-6119
BROKER
Glenn Wilson
Glenn Wilson
2 deals$26.1M volume
SELLER

Details

SOLD
IMAGE: George Smith DATE: 03/06/2026 ADDRESS: 7840 Northwest 58th Street MARKET: Doral ASSET TYPE: Industrial BUYER: Lazaro Valdes SELLER: Glenn Wilson BROKER: George Smith (@G_Smith_CRE) - Smith Commercial Property Group (@Smith_CRE) SALE PRICE: $2,000,000 SF: 5,282 ~ PPSF: $378 NOTE FROM BROKER: Another industrial deal across the finish line. We’re proud to have successfully closed the sale of an industrial property for $2,000,000, continuing the strong demand we’re seeing for well-located industrial assets throughout South Florida. Despite higher interest rates and tighter underwriting, industrial real estate remains one of the most sought-after asset classes. Investors and owner-users are still actively competing for quality properties, especially those with functional loading, outdoor storage potential, and strategic access to major highways. In this transaction, the buyer recognized the long-term value of the location and the functionality of the asset, while the seller was able to capitalize on the continued strength of the industrial market. At Smith Commercial Property Group, we specialize in sourcing and executing off-market industrial investment opportunities, connecting serious buyers with motivated sellers and structuring transactions that make sense for both sides. If you are an industrial property owner considering selling, now may be the right time to explore your options. Many buyers are actively looking for opportunities and are willing to pay strong prices for the right asset. If you'd like a confidential property valuation or opinion of value, feel free to reach out. George Smith Smith Commercial Property Group Industrial Investment Advisor 📞 (305) 359-6119 🌐SMITH-CRE.com Off-market opportunities welcome.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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