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Second-Floor Flex Space with Elevator
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4226 W 16th Avenue, Hialeah, FL 33012

Open commercial layout includes a restroom and street visibility along W 16th Ave.

Property Size18,000 SF
Price / SF$0.00
Days on Market85

Property Features for 4226 W 16th Avenue

General Information

Standard status Active
Size 18,000 SF
Elevators Yes
Property subtype Office

Additional Details

Floor 2

Amenities

elevator
restroom

Building Details

Year Built 1985
Listing Agency: York Investments Corp.
Listed By: Adin Garcia · License #3367055
Source: Lehmannflorida
Added: Aug 13 Changed: Nov 3 Last Checked: Nov 4 at 3:49PM

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 York Investments Corp.

Rey
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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 second-floor flex space contains 1,500 SF with an open, adaptable layout, an elevator, and a restroom. The unit was previously configured as a child therapy center, providing an established commercial layout that can accommodate a range of professional and customer-facing operations.

Positioned on W 16th Ave in Hialeah, the property benefits from a high-traffic setting and street visibility. The space is identified as suitable for retail, showroom, law firm, administrative office, and other professional-services uses. Built in 1985, the unit combines accessible second-floor placement with a flexible interior configuration.

Key Highlights

  • 1,500 SF second‑floor flex space
  • Elevator‑served unit with an open layout
  • Restroom included within the space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$204,324
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,086,480 $4.1M
Cap Rate 7%
$2,918,914 $2.9M
Cap Rate 9%
$2,270,267 $2.3M
Market Conditions
NOI Build-Up for 18,000 SF
Gross rent
$308.9K $17.16/SF
− Vacancy
−$17.0K −$0.94/SF
EGI
$291.9K $16.22/SF
− OpEx
−$87.6K −$4.86/SF
NOI
$204.3K $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%
$4,086,480
Cap Rate 7%
$2,918,914
Cap Rate 9%
$2,270,267

Alternative Uses

Best Use
Office B
$4.96M
$4.34M – $5.79M (±1% cap)
NOI $347,490 @ 7.0% cap · market cap 1,336,500.00%
Second Best
Flex RnD
$3.88M
$3.39M – $4.52M (±1% cap)
NOI $271,253 @ 7.0% cap · market cap 1,043,280.77%
Theoretical Best
Office A
$7.08M
$6.20M – $8.27M (±1% cap)
NOI $495,936 @ 7.0% cap · market cap 1,907,446.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

InversionesPapelmania (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Tanning Salon Restaurant Fish Market

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

Location Intelligence

Trade Area within ½ mile

3,734
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33012, FL

70,260
Population
25,923
Households
2.7
Avg Household Size
48
Median Age
18%
College-Educated
72%
High-School Grad
5.9 sq mi
ZIP Area
11,908
Density / Sq Mi
$45,818
Median Household Income
$32,039
Median Earnings
$1,562
Median Rent
$355,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • Ale's Paella Catering Miami — 8282 NW South River Dr, Medley, FL 33166
  • Chef Cuba Catering — 8471 NW South River Dr, Medley, FL 33166
  • Mirta Salazar Catering — 1685 W 42nd St #1, Hialeah, FL 33012
  • Rode Services Inc — 9605 NW 79th Ave #17, Hialeah Gardens, FL 33016
  • Wuara, Cuban Pizza Food Truck — 1460 W 49th St, Hialeah, FL 33012

Frequently Asked Questions

What type of property is this?
Flex space - Open commercial layout includes a restroom and street visibility along W 16th Ave.
Where is this flex space located?
The property is located at 4226 W 16th Avenue Hialeah, FL.
What are key features of this property?
This property features: 1,500 SF second‑floor flex space; Elevator‑served unit with an open layout; Restroom included within the space
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Includes: Price & PSF · Cap rate · Location · Zoning

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