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Warehouse with Gated Yard
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3221 E 11th Avenue #3221, Hialeah, FL 33013

A gated yard and exterior loading dock with ramp support the warehouse’s loading configuration.

Property Size10,500 SF
Price / SF$1.60
Days on Market3

Property Features for 3221 E 11th Avenue #3221

General Information

Standard status Active
Size 10,500 SF
Property subtype Industrial

Additional Details

Fenced Yard Yes
Sprinkler System Yes
Property Use Warehouse

Building Details

Year Built 1956
Listing Agency: Sharpe Properties
Listed By: Brian Sharpe · License #3056610
Source: Lehmannflorida
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 24 at 4:35PM

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 Sharpe Properties

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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.

This Hialeah warehouse, built in 1956, includes a secured yard and an exterior dock equipped with a ramp. Two roll-up doors provide additional loading access, and fire sprinklers are installed throughout the building.

Key Highlights

  • Gated yard
  • Exterior dock with ramp
  • Two roll‑up doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$144,730
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,894,600 $2.9M
Cap Rate 7%
$2,067,571 $2.1M
Cap Rate 9%
$1,608,111 $1.6M
Market Conditions
NOI Build-Up for 10,500 SF
Gross rent
$180.2K $17.16/SF
− Vacancy
−$9.9K −$0.94/SF
EGI
$170.3K $16.22/SF
− OpEx
−$25.5K −$2.43/SF
NOI
$144.7K $13.78/SF
Area
Hialeah, FL
Vacancy
5.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,894,600
Cap Rate 7%
$2,067,571
Cap Rate 9%
$1,608,111

Alternative Uses

Best Use
Warehouse
$2.07M
$1.81M – $2.41M (±1% cap)
NOI $144,730 @ 7.0% cap · market cap 864.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.13M
$3.62M – $4.82M (±1% cap)
NOI $289,296 @ 7.0% cap · market cap 1,727.14%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Acupuncture Veterinary Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

2,131
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33013, FL

31,068
Population
9,544
Households
3.3
Avg Household Size
48
Median Age
18%
College-Educated
72%
High-School Grad
3.8 sq mi
ZIP Area
8,176
Density / Sq Mi
$57,242
Median Household Income
$32,566
Median Earnings
$1,488
Median Rent
$407,400
Median Home Value

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

  • Public Storage — 7996 NW South River Dr, Medley, FL 33166, United States
  • Extra Space Storage — 2995 Okeechobee Rd, Hialeah, FL 33012, United States
  • Valido Moving Company — 471 W 31st Pl, Hialeah, FL 33012
  • Yonder Transportations — 1555 w 37th st apt 110, hialeah, fl 33012
  • Westland Commerce Park — 1563 W 38th Pl, Hialeah, FL 33012

Frequently Asked Questions

What type of property is this?
Warehouse - A gated yard and exterior loading dock with ramp support the warehouse’s loading configuration.
Where is this warehouse located?
The property is located at 3221 E 11th Avenue #3221 Hialeah, FL.
What are key features of this property?
This property features: Gated yard; Exterior dock with ramp; Two roll‑up doors
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