371 West 21St St Hialeah, FL 33010
Two flex space warehouses in Hialeah, prime investment opportunity.
Property size:
10,028 SFProperty Features for 371 West 21St St
General Information
- Size
- 10,028 SF
Source:
Remaxcommercial
Listing Agent: Agustin Duarte
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
West Hialeah Industrial Investment Opportunity
An investment opportunity is available along the West Hialeah TOD, featuring two individual warehouses on West 21st Street. Each warehouse is approximately 0.15 acres, around 6,700 square feet, with each warehouse measuring approximately 5,014 square feet. The property features one individual, flex space warehouse. The warehouses are occupied by the owner/user. Hialeah and Medley are key industrial hubs in Miami, known for their inventory and connectivity. Most industrial properties are in the southeastern region near Interstate 95, providing Hialeah's industrial tenants access to South Florida. Sales volume has decreased since 2023, following a surge. In the past 12 months, transaction activity has totaled $96.1 million, down from the peak annual volume of over $234 million in 2021 and below the five-year average annual volume of $151 million. The industrial cap rate averaging 5.6% in the last year, compared to 6.0% four quarters ago, has contributed to rising prices since 2019.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
D'Capri Furniture & Mattress ...
Furniture Store
Location Insight
- Map
- Local Demand
- City
- Hialeah
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.272366
- Latitude
- 25.841361
Nearby Similar for Sale
FAQs
What type of property is this?
Industrial property - Two flex space warehouses in Hialeah, prime investment opportunity.
Where is this industrial property located?
The property is located at 371 West 21St St Hialeah, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: - Prime investment opportunity in West Hialeah TOD (Transit Oriented Development) area.; - Two individual warehouses available, each approximately 5,014 square feet.; - Located in Hialeah, a key industrial hub in Miami with substantial inventory and connectivity.
