Flex Space Warehouse with Condo
For Sale
$315,000
Pending
6065 NW 167th St Unit B14, Hialeah, FL 33015
Secured gated warehouse with condo office buildout, plus a legal second-floor storage level.
Property Size2,395 SF
Days on Market2454
Property Features for 6065 NW 167th St Unit B14
General Information
Standard status
Pending
Size
2,395 SF
Total Parking Spaces
3
Property subtype
General Commercial
Additional Details
HOA Fee
$291
Highway Access
Yes
Office Units
1
Amenities
security
3
3 Parking Spaces.
2395
Building Details
Year Built
1982
Stories
2
Listing Agency:
(305) 799-0606
Listed By:
The Keyes Company
(305) 799-0606
Source:
Xome
Added: Nov 17, 2019
Changed: Jul 30
Last Checked: Jul 30 at 9:59AM
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 Keyes Company
Investment Insights
Based on property information with market context.
This flex space warehouse includes a secured gated warehouse area and an office component with reception, a kitchen, two bathrooms, and three offices. The property is set up to support continued use with room for expansion and redesign of the existing floor plan.
A legal second floor provides additional storage estimated at approximately 500 SF. The warehouse area totals 2,345 SF +/-.
Exterior features include no pool and guest parking with three assigned spaces plus a driveway. Low maintenance fees include security, roof, landscape, exterior insurance, exterior paint, and trash. Built in 1982, the property is located off the Palmetto Expressway and Miami Lakes.
A legal second floor provides additional storage estimated at approximately 500 SF. The warehouse area totals 2,345 SF +/-.
Exterior features include no pool and guest parking with three assigned spaces plus a driveway. Low maintenance fees include security, roof, landscape, exterior insurance, exterior paint, and trash. Built in 1982, the property is located off the Palmetto Expressway and Miami Lakes.
Key Highlights
- Secured gated warehouse with condo office buildout
- Office layout includes reception, kitchen, two bathrooms, and three offices
- Warehouse area totals 2,345 SF +/-
Financial Insights For Industrial
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 | $41.1k | $17.16 |
| − Vacancy | −$2.3k | −$0.94 |
| EGI | $38.8k | $16.22 |
| − OpEx | −$11.7k | −$4.86 |
| NOI | $27.2k | $11.35 |
2,395 SF · lease $17.16/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$660.5K
$577.9K – $770.6K
NOI $46,235 @ 7.0% cap · market cap 14.68%
Second Best
Flex RnD
$515.6K
$451.2K – $601.5K
NOI $36,092 @ 7.0% cap · market cap 11.46%
Theoretical Best
Office A
$942.7K
$824.8K – $1.10M
NOI $65,987 @ 7.0% cap · market cap 20.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,712
Businesses Nearby
Balanced
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 Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Secured gated warehouse with condo office buildout, plus a legal second-floor storage level.
Where is this flex space located?
The property is located at 6065 NW 167th St Unit B14 Hialeah, FL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Secured gated warehouse with condo office buildout; Office layout includes reception, kitchen, two bathrooms, and three offices; Warehouse area totals 2,345 SF +/-
