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Climate-Controlled Industrial Space For Sale
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2954 W 84th St 118, Hialeah, FL 33018

Climate-controlled industrial space with office, ideal for storage/distribution.

Property Size1,200 SF
Lot Size0.03 Acres
Days on Market220

Property Features for 2954 W 84th St 118

General Information

Standard status Active
Size 1,200 SF
Lot size 0.03 Acres
Property subtype Industrial
Lease Term 1 to 3 years

Taxes and HOA fees

Annual Taxes $4,703

Building Details

Building Size 1,200 SF
Year Built 2002
Listing Agency: Shield Real Estate & Investments Group of Florida,
Listed By: Rahiza Henriquez · License #A12078451
Source: Elliman
Added: Mar 11 Changed: Oct 5 Last Checked: Oct 16 at 9:31AM

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 Shield Real Estate & Investments Group of Florida,

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Investment Insights

Based on property information with market context.

This climate-controlled industrial space includes an office and bathroom. It is designed for businesses requiring temperature control and operational efficiency. The property features central A/C throughout, thermal insulation, and an insulated roll-up door to help maintain temperature and reduce energy costs. It is located minutes from I-75 and Palmetto (826). The space is suitable for online sellers, inventory storage, light distribution, and logistics operations.

Key Highlights

  • Climate‑controlled industrial space ideal for businesses needing temperature regulation.
  • Strategic location minutes from I‑75 and Palmetto (826).
  • Central A/C throughout the entire unit.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,622
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,440 $272.4K
Cap Rate 7%
$194,600 $194.6K
Cap Rate 9%
$151,356 $151.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$20.6K $17.16/SF
− Vacancy
−$1.1K −$0.94/SF
EGI
$19.5K $16.22/SF
− OpEx
−$5.8K −$4.86/SF
NOI
$13.6K $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%
$272,440
Cap Rate 7%
$194,600
Cap Rate 9%
$151,356

Alternative Uses

Best Use
Warehouse
$236.3K
$206.8K – $275.7K (±1% cap)
NOI $16,541 @ 7.0% cap · market cap 590.75%
Second Best
Industrial
$194.6K
$170.3K – $227.0K (±1% cap)
NOI $13,622 @ 7.0% cap · market cap 486.50%
Theoretical Best
Office A
$472.3K
$413.3K – $551.0K (±1% cap)
NOI $33,062 @ 7.0% cap · market cap 1,180.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Sky International, Inc Factory Osti industrial inc. Industrial Manufacturer Ancla Motorsports Auto Parts Store Plant Care InteriorScapes Interior Design American Eagle Electrical ... General Contractor

Suggested Use

Top Pick Restaurant Dental Office Real Estate Agency Law Firm Storage Facility Parking Lot & Garage

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

2,159
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Albertico & Friends llc — 2878 W 72nd Terrace, Hialeah, FL 33018
  • Krew Storage Units — 3293 W 77th Pl, Hialeah, FL 33018
  • US Storage Centers — 2771 W 76th St, Hialeah, FL 33016
  • Capital Cold Storage — 2490 W 78th St, Hialeah, FL 33016
  • International Commerce Park — 2510 W 78th St, Hialeah, FL 33016, United States

Frequently Asked Questions

What type of property is this?
Warehouse - Climate-controlled industrial space with office, ideal for storage/distribution.
Where is this warehouse located?
The property is located at 2954 W 84th St 118 Hialeah, FL.
What are key features of this property?
This property features: Climate‑controlled industrial space ideal for businesses needing temperature regulation.; Strategic location minutes from I‑75 and Palmetto (826).; Central A/C throughout the entire unit.
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