Flex Space with Gated
4201 NW 37th Ct # 3725, Hialeah, FL 33142
For Sale
Contact for pricing
Three roll-up doors and a private office support a range of business operations.
Property Size104,075 SF
Price / SF$0.00
Days on Market697
Property Features for 4201 NW 37th Ct # 3725
General Information
Standard status
Size
Property subtype
Site & Location
Fenced Yard
Outdoor Storage
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
The Hype Real Estate Group Corp
Listed By:
Pablo Vignolo · License FL #3276129
(305) 303-3837
Source:
Emporiore
Added: Dec 16, 2024
Changed: Nov 12
Last Checked: Nov 12 at 7:57PM
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 The Hype Real Estate Group Corp
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property includes three roll-up doors, high ceilings, and a dedicated private office. Its interior can be arranged as two separate areas, while the gated yard provides space for secured storage. The building dates to 1974.
Key Highlights
- Interior layout can be divided into two areas
- Three roll‑up doors
- Gated yard for secured storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,181,391
Suggested Prices Based on Cap Rates
Cap Rate 5%
$23,627,820
$23.6M
Cap Rate 7%
$16,877,014
$16.9M
Cap Rate 9%
$13,126,567
$13.1M
Market Conditions
NOI Build-Up for 104,075 SF
Gross rent
$1.79M $17.16/SF
− Vacancy
−$98.2K −$0.94/SF
EGI
$1.69M $16.22/SF
− OpEx
−$506.3K −$4.86/SF
NOI
$1.18M $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%
$23,627,820
Cap Rate 7%
$16,877,014
Cap Rate 9%
$13,126,567
Alternative Uses
Best Use
Flex RnD
$22.41M
$19.60M – $26.14M
NOI $1,568,369 @ 7.0% cap
Second Best
Industrial
$16.88M
$14.77M – $19.69M
NOI $1,181,391 @ 7.0% cap
Theoretical Best
Office A
$40.96M
$35.84M – $47.79M
NOI $2,867,474 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,249
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
Market
Average Price Trend$/SF for Flex space in Hialeah, FL
Properties on Market for Flex space in Hialeah
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Three roll-up doors and a private office support a range of business operations.
Where is this flex space located?
The property is located at 4201 NW 37th Ct # 3725 Hialeah, FL.
What are key features of this property?
This property features: Interior layout can be divided into two areas; Three roll‑up doors; Gated yard for secured storage
