Second-Floor Office
For Sale
Contact for pricing
4355 W 16th Ave # 211, Hialeah, FL 33012
A compact office suite occupies the upper level of a shopping center on a Hialeah commercial corridor.
Property Size32,362 SF
Price / SF$0.05
Days on Market161
Property Features for 4355 W 16th Ave # 211
General Information
Standard status
Active
Size
32,362 SF
Property subtype
Office
Additional Details
Floor
2
Office Units
1
Property Use
Office
Building Details
Building Size
32,362 SF
Year Built
1984
Listing Agency:
Emporio Real Estate
Listed By:
Ari Banegas · License #3242158
(305) 989-9794
Source:
Emporiore
Added: May 22
Changed: Oct 27
Last Checked: Oct 27 at 3:44AM
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 Emporio Real Estate
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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 555-square-foot office unit is on the second floor of a shopping center at 4355 W 16th Ave in Hialeah. Built in 1984, the suite is available for immediate occupancy and may accommodate professional or service-oriented businesses.
The property fronts W 16th Ave, with major roads, retail, restaurants, and residential neighborhoods nearby. Its setting provides access for clients and employees.
The property fronts W 16th Ave, with major roads, retail, restaurants, and residential neighborhoods nearby. Its setting provides access for clients and employees.
Key Highlights
- 555 SF second‑floor office unit
- Located within a shopping center on W 16th Ave in Hialeah
- Built in 1984
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$624,748
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,494,960
$12.5M
Cap Rate 7%
$8,924,971
$8.9M
Cap Rate 9%
$6,941,644
$6.9M
Market Conditions
NOI Build-Up for 32,362 SF
Gross rent
$1.07M $33.00/SF
− Vacancy
−$234.9K −$7.26/SF
EGI
$833.0K $25.74/SF
− OpEx
−$208.2K −$6.44/SF
NOI
$624.7K $19.31/SF
Area
Hialeah, FL
Vacancy
22.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,494,960
Cap Rate 7%
$8,924,971
Cap Rate 9%
$6,941,644
Alternative Uses
Best Use
Office B
$8.92M
$7.81M – $10.41M
NOI $624,748 @ 7.0% cap · market cap 38,564.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.74M
$11.15M – $14.86M
NOI $891,638 @ 7.0% cap · market cap 55,039.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
4,048
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A compact office suite occupies the upper level of a shopping center on a Hialeah commercial corridor.
Where is this office unit located?
The property is located at 4355 W 16th Ave # 211 Hialeah, FL.
What are key features of this property?
This property features: 555 SF second‑floor office unit; Located within a shopping center on W 16th Ave in Hialeah; Built in 1984
