Flex Space With Loading
For Sale
$440,000
Pending
2219 W 80th St # 4 Unit E-4, Hialeah, FL 33016
Air-conditioned offices, a bathroom, and street-level loading support the industrial condominium layout.
Property Size1,300 SF
Days on Market60
Property Features for 2219 W 80th St # 4 Unit E-4
General Information
Standard status
Pending
Size
1,300 SF
Total Parking Spaces
2
Property subtype
Industrial
Zoning
M-1
Warehouse & Industrial
Clear Height
18 ft
Warehouse Space
1,300 SF
Drive-In Doors
1
Building Details
Building Size
1,300 SF
Year Built
2005
Listing Agency:
King Industrial Realty Inc.
Listed By:
L. Brian King · License #3028902
(305) 316-2167
Source:
Vanessafrankmiami
Added: Aug 14
Changed: Sep 29
Last Checked: Oct 11 at 1:26PM
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 King Industrial Realty Inc.
Investment Insights
Based on property information with market context.
This 1,300-square-foot flex condominium combines warehouse space with two air-conditioned offices and a bathroom. An 18-foot ceiling and one street-level loading door support practical receiving and storage functions, while two parking spaces plus dedicated loading-door space add convenience. The property was built in 2005 and carries M-1 industrial zoning.
Located in Hialeah near I-75 and the Palmetto Expressway, the property provides access across Miami-Dade and Broward counties. The industrial condominium format offers a defined commercial setting for an owner-user or operator seeking warehouse and office components in one facility.
Located in Hialeah near I-75 and the Palmetto Expressway, the property provides access across Miami-Dade and Broward counties. The industrial condominium format offers a defined commercial setting for an owner-user or operator seeking warehouse and office components in one facility.
Key Highlights
- 1,300 SF warehouse footprint with two air‑conditioned offices and a bathroom
- 18’ ceiling height supports warehouse operations and storage
- One street‑level loading door with additional loading‑door space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,590
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,800
$391.8K
Cap Rate 7%
$279,857
$279.9K
Cap Rate 9%
$217,667
$217.7K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$32.8K $25.20/SF
− Vacancy
−$2.6K −$2.02/SF
EGI
$30.1K $23.18/SF
− OpEx
−$10.5K −$8.11/SF
NOI
$19.6K $15.07/SF
Area
Hialeah, FL
Vacancy
8.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,800
Cap Rate 7%
$279,857
Cap Rate 9%
$217,667
Alternative Uses
Best Use
Flex RnD
$279.9K
$244.9K – $326.5K
NOI $19,590 @ 7.0% cap · market cap 4.45%
Second Best
Warehouse
$256.0K
$224.0K – $298.7K
NOI $17,919 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$511.7K
$447.7K – $597.0K
NOI $35,818 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
18 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
2,795
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33016, FL
45,714
Population
16,158
Households
2.8
Avg Household Size
43
Median Age
28%
College-Educated
83%
High-School Grad
4.2 sq mi
ZIP Area
10,884
Density / Sq Mi
$56,633
Median Household Income
$33,069
Median Earnings
$1,753
Median Rent
$295,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Air-conditioned offices, a bathroom, and street-level loading support the industrial condominium layout.
Where is this flex space located?
The property is located at 2219 W 80th St # 4 Unit E-4 Hialeah, FL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 1,300 SF warehouse footprint with two air‑conditioned offices and a bathroom; 18’ ceiling height supports warehouse operations and storage; One street‑level loading door with additional loading‑door space
