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Hialeah Industrial/Flex Space Available

453 W 28th St, Hialeah, FL 33010

For Sale
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2,000 SF industrial/flex suite in Hialeah's warehouse district.

Property Size32,814 SF
Price / SF$0.01
Days on Market203

Property Features for 453 W 28th St

General Information

Standard status Active
Size 32,814 SF
Property subtype Industrial

Taxes and HOA fees

Annual Taxes $63,980

Building Details

Building Size 32,814 SF
Year Built 1962
Stories 1
Listing Agency: The Hype Real Estate Group Corp
Listed By: Raul Pino Jr · License FL #3423287
Source: Elliman
Added: Apr 24 Changed: Aug 14 Last Checked: Aug 14 at 7:25AM

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

Rey
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Investment Insights

Based on property information with market context.

An immediately available 2,000 SF industrial/flex suite is located in Hialeah’s established warehouse district. The property features a 17’ clear height, one grade-level door, and LED lighting. It also includes a small office. This space is ideal for service contractors, light industrial, storage, distribution, and showroom use. The location provides convenient access to SR-826 (Palmetto Expressway), US-27, and I-75, with quick connectivity to Miami International Airport. The bike score is 51, indicating it is bikeable. The walk score is 76, indicating it is very walkable. The transit score is 59, indicating good transit.

Key Highlights

  • Immediately available 2,000 SF industrial/flex suite.
  • Located in Hialeah's established warehouse district.
  • Convenient access to SR‑826 (Palmetto Expressway), US‑27, and I‑75, with quick connectivity to Miami International Airport.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,703
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,060 $454.1K
Cap Rate 7%
$324,329 $324.3K
Cap Rate 9%
$252,256 $252.3K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$34.3K $17.16/SF
− Vacancy
−$1.9K −$0.94/SF
EGI
$32.4K $16.22/SF
− OpEx
−$9.7K −$4.86/SF
NOI
$22.7K $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%
$454,060
Cap Rate 7%
$324,329
Cap Rate 9%
$252,256

Alternative Uses

Best Use
Flex RnD
$430.6K
$376.7K – $502.3K (±1% cap)
NOI $30,139 @ 7.0% cap
Second Best
Industrial
$324.3K
$283.8K – $378.4K (±1% cap)
NOI $22,703 @ 7.0% cap
Theoretical Best
Office A
$787.2K
$688.8K – $918.4K (±1% cap)
NOI $55,104 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Alex Fence Inc General Contractor

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Gym & Fitness Center Cosmetic Store

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

1,527
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Hialeah, FL

$221 Jul
$233 Aug
$241 Sep
$221 Oct

Properties on Market for Flex space in Hialeah

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Dixie Catering — 2630 W 2nd Ave, Hialeah, FL 33010
  • 305 CATER BARTENDING — 541 E 37th St, Hialeah, FL 33013

Frequently Asked Questions

What type of property is this?
Flex space - 2,000 SF industrial/flex suite in Hialeah's warehouse district.
Where is this flex space located?
The property is located at 453 W 28th St Hialeah, FL.
What are key features of this property?
This property features: Immediately available 2,000 SF industrial/flex suite.; Located in Hialeah's established warehouse district.; Convenient access to SR‑826 (Palmetto Expressway), US‑27, and I‑75, with quick connectivity to Miami International Airport.
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Includes: Price & PSF · Cap rate · Location · Zoning

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