Flex Space with Loading
12905 W Okeechobee Road #E-1, Hialeah Gardens, FL 33018
For Sale
New
Contact for pricing
An air-conditioned office, restroom, and three front parking spaces complement the warehouse area.
Property Size1,117 SF
Price / SF$2.42
Days on Market5
Property Features for 12905 W Okeechobee Road #E-1
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Warehouse & Industrial
Clear Height
Drive-In Doors
Additional Details
Property Use
Building Details
Year Built
Listing Agency:
Realty One Group Evolution
(786) 477-4715
Listed By:
Marilys Grau · License #3155041
(786) 277-7804
Source:
Lehmannflorida
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 3:39PM
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 Realty One Group Evolution
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2001, this 1,117-square-foot flex property pairs an air-conditioned office with warehouse space. It includes one restroom, an 18-foot clear ceiling, and a street-level loading door. Three parking spaces sit in front of the unit.
Potential applications include storage, distribution, or light manufacturing, subject to zoning requirements and association approval. The property offers access to major transportation routes and nearby industrial districts in Hialeah Gardens.
Potential applications include storage, distribution, or light manufacturing, subject to zoning requirements and association approval. The property offers access to major transportation routes and nearby industrial districts in Hialeah Gardens.
Key Highlights
- 1,117 square feet of flex space
- 18‑foot clear ceiling height
- Street‑level loading door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,774
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,480
$235.5K
Cap Rate 7%
$168,200
$168.2K
Cap Rate 9%
$130,822
$130.8K
Market Conditions
NOI Build-Up for 1,117 SF
Gross rent
$19.2K $17.16/SF
− Vacancy
−$1.1K −$0.94/SF
EGI
$18.1K $16.22/SF
− OpEx
−$6.3K −$5.68/SF
NOI
$11.8K $10.54/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,480
Cap Rate 7%
$168,200
Cap Rate 9%
$130,822
Alternative Uses
Best Use
Warehouse
$209.5K
$183.4K – $244.5K
NOI $14,668 @ 7.0% cap · market cap 543.26%
Second Best
Industrial
$172.3K
$150.7K – $201.0K
NOI $12,059 @ 7.0% cap · market cap 446.63%
Theoretical Best
Office A
$610.0K
$533.7K – $711.6K
NOI $42,698 @ 7.0% cap · market cap 1,581.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
18 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,219
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33018, FL
54,273
Population
17,871
Households
3
Avg Household Size
41
Median Age
29%
College-Educated
85%
High-School Grad
28.1 sq mi
ZIP Area
1,931
Density / Sq Mi
$90,805
Median Household Income
$42,911
Median Earnings
$2,066
Median Rent
$436,300
Median Home Value
Market
Average Price Trend$/SF for Flex space in Hialeah Gardens, FL
Properties on Market for Flex space in Hialeah Gardens
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
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- Senorita Party Rental — 3408 W 84th St, Hialeah, FL 33018
- Senorita Paella — 3408 W 84th St, Hialeah, FL 33018
Frequently Asked Questions
What type of property is this?
Flex space - An air-conditioned office, restroom, and three front parking spaces complement the warehouse area.
Where is this flex space located?
The property is located at 12905 W Okeechobee Road #E-1 Hialeah Gardens, FL.
What are key features of this property?
This property features: 1,117 square feet of flex space; 18‑foot clear ceiling height; Street‑level loading door
