Flex Space
For Sale
Contact for pricing
371 W 21st St, Hialeah, FL 33010
Located on W 21st St with approximately 30,000 cars daily.
Property Size4,755 SF
Lot Size0.15 Acres
Price / SF$273.40
Days on Market10
Property Features for 371 W 21st St
General Information
Standard status
Active
Size
4,755 SF
Lot size
0.15 Acres
Property subtype
INDUSTRIAL
Listing Agency:
RE/MAX 360 Real Estate | Coral Gables
(305) 450-5992
Listed By:
Agustin Duarte · License #3284824
(305) 450-5992
Source:
Moodyscre
Added: Jul 23
Changed: Jul 31
Last Checked: Aug 1 at 6:51AM
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 RE/MAX 360 Real Estate | Coral Gables
Investment Insights
Based on property information with market context.
This flex space property includes 0.15 acres of land and is positioned for commercial exposure along W 21st St. The property is located at 371 W 21st St in Hialeah, Florida 33010.
Approximately 30,000 cars travel by daily, providing a measurable traffic setting for the property.
Approximately 30,000 cars travel by daily, providing a measurable traffic setting for the property.
Key Highlights
- 0.15 acres of land
- Flex space property on W 21st St
- Approximately 30,000 cars daily
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 | $119.8k | $25.20 |
| − Vacancy | −$9.6k | −$2.02 |
| EGI | $110.2k | $23.18 |
| − OpEx | −$38.6k | −$8.11 |
| NOI | $71.7k | $15.07 |
4,755 SF · lease $25.20/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.02M
$895.7K – $1.19M
NOI $71,656 @ 7.0% cap · market cap 5.51%
Second Best
Industrial
$771.1K
$674.7K – $899.6K
NOI $53,976 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$1.87M
$1.64M – $2.18M
NOI $131,010 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,074
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33010, FL
43,902
Population
16,456
Households
2.7
Avg Household Size
48
Median Age
20%
College-Educated
71%
High-School Grad
4.3 sq mi
ZIP Area
10,210
Density / Sq Mi
$45,449
Median Household Income
$30,466
Median Earnings
$1,318
Median Rent
$346,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Dixie Catering — 2630 W 2nd Ave, Hialeah, FL 33010
Frequently Asked Questions
What type of property is this?
Flex space - Located on W 21st St with approximately 30,000 cars daily.
Where is this flex space located?
The property is located at 371 W 21st St Hialeah, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 0.15 acres of land; Flex space property on W 21st St; Approximately 30,000 cars daily
