Warehouse Flex Space with
2984 W 80th Street #138 Hialeah, FL 33018
2984 W 80th Street #138, Hialeah, FL, 33018
$450,000
For Sale
$450,000
Flex warehouse includes tall ceilings for storage and a front office with an AC wall unit.
Property Size1,200 SF
Price / SF$375
Days on Market43
Property Features for 2984 W 80th Street #138
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2002
Listing agency
FLORIDA CENTURY REAL ESTATE CORP
Listed by
MARIELA ROMAN · License #A12005495
Source
Corcoran
Added: Jun 9 Updated: Jul 21 at 2:30PM Checked: Jul 21 at 2:30PM
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 FLORIDA CENTURY REAL ESTATE CORP
Investment Insights
Based on property information with market context.
This warehouse flex space is offered for sale and features tall ceilings designed to support ample storage needs. The layout also includes a nice front office equipped with an AC wall unit, providing separate conditioned space within the property.
The property is well located and close to highways, supporting convenient access for business operations.
Available as a purchase opportunity, the space is configured to accommodate a variety of uses typical for flex environments.
The property is well located and close to highways, supporting convenient access for business operations.
Available as a purchase opportunity, the space is configured to accommodate a variety of uses typical for flex environments.
Key Highlights
- Flex warehouse built in 2002
- 1200 sq ft warehouse/flex space
- Tall ceilings designed for ample storage
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.2k | $25.20 |
| − Vacancy | −$2.4k | −$2.02 |
| EGI | $27.8k | $23.18 |
| − OpEx | −$9.7k | −$8.11 |
| NOI | $18.1k | $15.07 |
1,200 SF · lease $25.20/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$258.3K
$226.1K – $301.4K
NOI $18,084 @ 7.0% cap · market cap 4.02%
Second Best
Warehouse
$236.3K
$206.8K – $275.7K
NOI $16,541 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$472.3K
$413.3K – $551.0K
NOI $33,062 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- La Cocina Criolla — 2815 W 76th St, Hialeah, FL 33018
- Royal Paella Catering. — 7925 W 25th Ave, Hialeah, FL 33016
- Clean Eating meal prep — 2781 W 72nd Pl, Hialeah, FL 33016
- Senorita Party Rental — 3408 W 84th St, Hialeah, FL 33018
- Senorita Paella — 3408 W 84th St, Hialeah, FL 33018
FAQs
What type of property is this?
Flex space - Flex warehouse includes tall ceilings for storage and a front office with an AC wall unit.
Where is this flex space located?
The property is located at 2984 W 80th Street #138 Hialeah, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Flex warehouse built in 2002; 1200 sq ft warehouse/flex space; Tall ceilings designed for ample storage
