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West Hialeah Industrial Investment Opportunity
For Sale
$1,200,000

355 West 21st Street, Hialeah, FL 33010

Two flex space warehouses in Hialeah, prime investment opportunity.

Property Size10,028 SF
Price / SF$119.66
Days on Market340

Property Features for 355 West 21st Street

General Information

Standard status Active
Size 10,028 SF
Property subtype Industrial

Building Details

Building Size 10,028 SF
Year Built 1957
Listing Agency: RE/MAX
Listed By: Agustin Duarte · License #262388
Source: Remaxcommercial
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: Aug 29 at 5:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX

Investment Insights

Based on property information with market context.

An investment opportunity is available along the West Hialeah TOD: "W 21st. STREET INDUSTRIAL", featuring two warehouses offered individually on W 21st Street. Each unit is approximately 0.15 acres, around 6,700 square feet, and includes one flex space warehouse. Each warehouse measures approximately 5,014 square feet and is 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 with access to South Florida. Sales volume has decreased since 2023, following a surge. In the past 12 months, transaction activity 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 averaged 5.6% in the last year, compared to 6.0% four quarters ago, contributing to rising prices since 2019.

Key Highlights

  • Prime investment opportunity in West Hialeah TOD (Transit Oriented Development) area.
  • Two individual flex space warehouses available, each approximately 5,014 square feet.
  • Located in Hialeah, a key industrial hub in Miami.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Acupuncture Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,562
Businesses Nearby

Demographics for 33010, FL

43,902
Population
16,456
Households
2.7
Avg Household Size
48
Median Age
20%
College-Educated
71%
High-School Grad
4.3 sq mi
ZIP Area
10,210
Density / Sq Mi
$45,449
Median Household Income
$30,466
Median Earnings
$1,318
Median Rent
$346,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

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 355 West 21st Street Hialeah, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime investment opportunity in West Hialeah TOD (Transit Oriented Development) area.; Two individual flex space warehouses available, each approximately 5,014 square feet.; Located in Hialeah, a key industrial hub in Miami.
More about this property
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