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    1675-1677 W 31St Pl Hialeah, FL 33012

    For Sale
    $3,800,000

    Long-term tenant, 40-year recertification, scheduled rent increase.

    Property size:
    16,100 SF
    Lot size:
    1.01 Acres

    Property Features for 1675-1677 W 31St Pl

    General Information

    Size
    16,100 SF
    Lot size
    1.01 Acres

    Source: The Hype Real Estate Group Agent Raul Pino

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hialeah Industrial Property For Sale

    This industrial property, located in Hialeah, Florida, encompasses 16,100 square feet. The property is occupied by a long-term tenant of over 20 years. The current lease agreement is structured as 10NNN, with a scheduled increase to 12NNN in December. The property has recently passed its 40-year recertification.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Simply Self Storage Unit, Valido Moving Company, Yachtics

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.316839
    Latitude
    25.85042

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    FAQs

    What type of property is this?
    Warehouse - Long-term tenant, 40-year recertification, scheduled rent increase.
    Where is this warehouse located?
    The property is located at 1675-1677 W 31St Pl Hialeah, FL.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: - Long-term tenant (20+ years) provides stable income.; - Currently paying 10NNN with a scheduled increase to 12NNN in December.; - Recently passed 40-year recertification, ensuring compliance.
    (786) 503-5583
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1675-1677 W 31St Pl Hialeah, FL 33012
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