355 West 21st Street Hialeah, FL 33010

Building Details

Year Built

1957

Listing office RE/MAX a***@remax.net Show Phone

Listing date Sep 25, 2025

Source Remaxcommercial

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Investment Insights

Based on property information with market context.

An investment opportunity is available along the West Hialeah TOD: "W 21st. STREET INDUSTRIAL", featuring two warehouses offered individually on W 21st Street. Each unit is approximately 0.15 acres, around 6,700 square feet, and includes one flex space warehouse. Each warehouse measures approximately 5,014 square feet and is occupied by the owner/user. Hialeah and Medley are key industrial hubs in Miami, known for their inventory and connectivity. Most industrial properties are in the southeastern region near Interstate 95, providing Hialeah's industrial tenants with access to South Florida. Sales volume has decreased since 2023, following a surge. In the past 12 months, transaction activity totaled $96.1 million, down from the peak annual volume of over $234 million in 2021 and below the five-year average annual volume of $151 million. The industrial cap rate averaged 5.6% in the last year, compared to 6.0% four quarters ago, contributing to rising prices since 2019.

Key Highlights

• Prime investment opportunity in West Hialeah TOD (Transit Oriented Development) area.
• Two individual flex space warehouses available, each approximately 5,014 square feet.
• Located in Hialeah, a key industrial hub in Miami.

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FAQs

What type of property is this?

Industrial property - Two flex space warehouses in Hialeah, prime investment opportunity.

Where is this industrial property located?

The property is located at 355 West 21st Street Hialeah, FL.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Prime investment opportunity in West Hialeah TOD (Transit Oriented Development) area.; Two individual flex space warehouses available, each approximately 5,014 square feet.; Located in Hialeah, a key industrial hub in Miami.