Industrial Flex Space with
For Sale
Contact for pricing
1644-1644 W 31st Pl, Hialeah, FL 33012
Office and warehouse functions are combined in a unit with direct street-level loading access.
Property Size2,000 SF
Price / SF$0.01
Days on Market283
Property Features for 1644-1644 W 31st Pl
General Information
Standard status
Active
Size
2,000 SF
Warehouse & Industrial
Clear Height
14 ft
Drive-In Doors
1
Taxes and HOA fees
Annual Taxes
$118,606
Listing Agency:
The Hype Real Estate Group Corp
Listed By:
Pablo Vignolo · License #A12025588
(305) 303-3837
Source:
Exprealty
Added: Jan 6
Changed: Oct 10
Last Checked: Oct 15 at 12:11AM
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 The Hype Real Estate Group Corp
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,000-square-foot flex property pairs industrial office space with warehouse area. The unit has 14-foot clear height and one loading door at street level, supporting direct access for goods and equipment. The space is immediately available.
The property is located at 1644-1644 W 31st Pl in West Hialeah Industrial Park, Hialeah, Florida.
The property is located at 1644-1644 W 31st Pl in West Hialeah Industrial Park, Hialeah, Florida.
Key Highlights
- 2,000 SF of industrial office and warehouse space
- 14‑foot clear height
- One street‑level loading door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,703
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,060
$454.1K
Cap Rate 7%
$324,329
$324.3K
Cap Rate 9%
$252,256
$252.3K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$34.3K $17.16/SF
− Vacancy
−$1.9K −$0.94/SF
EGI
$32.4K $16.22/SF
− OpEx
−$9.7K −$4.86/SF
NOI
$22.7K $11.35/SF
Area
Hialeah, FL
Vacancy
5.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,060
Cap Rate 7%
$324,329
Cap Rate 9%
$252,256
Alternative Uses
Best Use
Flex RnD
$430.6K
$376.7K – $502.3K
NOI $30,139 @ 7.0% cap · market cap 158,626.32%
Second Best
Warehouse
$393.8K
$344.6K – $459.5K
NOI $27,568 @ 7.0% cap · market cap 145,094.74%
Theoretical Best
Office A
$787.2K
$688.8K – $918.4K
NOI $55,104 @ 7.0% cap · market cap 290,021.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
14 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
2,763
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33012, FL
70,260
Population
25,923
Households
2.7
Avg Household Size
48
Median Age
18%
College-Educated
72%
High-School Grad
5.9 sq mi
ZIP Area
11,908
Density / Sq Mi
$45,818
Median Household Income
$32,039
Median Earnings
$1,562
Median Rent
$355,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Cater Me Cafe — 7216 NW 72nd Ave, Miami, FL 33166
- Ale's Paella Catering Miami — 8282 NW South River Dr, Medley, FL 33166
- Chef Cuba Catering — 8471 NW South River Dr, Medley, FL 33166
- Mirta Salazar Catering — 1685 W 42nd St #1, Hialeah, FL 33012
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse functions are combined in a unit with direct street-level loading access.
Where is this flex space located?
The property is located at 1644-1644 W 31st Pl Hialeah, FL.
What are key features of this property?
This property features: 2,000 SF of industrial office and warehouse space; 14‑foot clear height; One street‑level loading door
