Street-Level Flex Warehouse
For Sale
$540,000
5921 NW 176th St, Hialeah, FL 33015
COMMERCIAL - Hialeah, FL
Property Size1,685 SF
Lot Size0.04 Acres
Price / SF$320.47
Days on Market29
Property Features for 5921 NW 176th St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
7700
Parking features
Assigned
Subdivision
20
Standard status
Active
APN
30-20-12-048-0090
Lot size
0.04 Acres
Taxes and HOA fees
Tax Description
ROYAL COMMERCE CTR CONDO NO 1 UNIT 9 UNDIV 8.34% INT IN COMMON ELEMENTS OFF REC 25924-1247 OR 26076-1292 26164-0644 1107 1
Legal Description
ROYAL COMMERCE CTR CONDO NO 1 UNIT 9 UNDIV 8.34% INT IN COMMON ELEMENTS OFF REC 25924-1247 OR 26076-1292 26164-0644 1107 1
Building Details
Year built
2007
Floors in Building
1
Building materials
Block
Listing Agency:
United Realty Group Inc
(305) 753-7393
Listed By:
Juan Urbina Jr · License #3262548
(305) 753-7393
Added: Jul 4
Changed: Jul 29
Last Checked: Aug 1 at 11:06AM
MLS# A12043496
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Street-level flex warehouse condo in the Royal Commerce Center, built in 2007. The unit offers a flex warehouse layout with durable concrete roof and concrete floor construction, designed for long-term strength. The property is located at 5921 NW 176th St in Hialeah, within Miami-Dade County.
The site provides quick access to the Palmetto Expressway and I-75 for distribution, logistics, light manufacturing, wholesale, contractor/service operations, and e-commerce use. Zoning is 7700 Heavy Commercial/Industrial - Restricted, supporting a variety of industrial and commercial uses.
Parking is provided as assigned parking. The property is described as part of a flex warehouse condo in Royal Commerce Center.
The site provides quick access to the Palmetto Expressway and I-75 for distribution, logistics, light manufacturing, wholesale, contractor/service operations, and e-commerce use. Zoning is 7700 Heavy Commercial/Industrial - Restricted, supporting a variety of industrial and commercial uses.
Parking is provided as assigned parking. The property is described as part of a flex warehouse condo in Royal Commerce Center.
Key Highlights
- 1,685 SF street‑level flex warehouse condo
- Built in 2007 in Royal Commerce Center
- Concrete roof and concrete floor construction
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 | $42.5k | $25.20 |
| − Vacancy | −$3.4k | −$2.02 |
| EGI | $39.1k | $23.18 |
| − OpEx | −$13.7k | −$8.11 |
| NOI | $25.4k | $15.07 |
1,685 SF · lease $25.20/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$362.7K
$317.4K – $423.2K
NOI $25,392 @ 7.0% cap · market cap 4.70%
Second Best
Warehouse
$331.8K
$290.3K – $387.1K
NOI $23,226 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$663.2K
$580.3K – $773.8K
NOI $46,425 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,600
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33015, FL
65,645
Population
23,963
Households
2.7
Avg Household Size
39
Median Age
31%
College-Educated
88%
High-School Grad
5.9 sq mi
ZIP Area
11,126
Density / Sq Mi
$73,609
Median Household Income
$37,274
Median Earnings
$1,841
Median Rent
$384,000
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
- Simple Southern Catering — 18538 NW 67th Ave, Miami Gardens, FL 33015
- Melians Enterprises — 6157 NW 167th St STE F27, Hialeah, FL 33015
- CJs Catering — 5190 NW 167th St, Miami Gardens, FL 33014
- Crazy 4 Meat — 6970 NW 177th St, Hialeah, FL 33015
- Mary & Mo Catering — 6643 NW 174th Ln, Hialeah, FL 33015
Frequently Asked Questions
What type of property is this?
Flex space - Street-level flex warehouse condo with concrete roof and floor construction, built in 2007, and assigned parking.
Where is this flex space located?
The property is located at 5921 NW 176th St Hialeah, FL.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 1,685 SF street‑level flex warehouse condo; Built in 2007 in Royal Commerce Center; Concrete roof and concrete floor construction
