Warehouse with Office
For Sale
$1,150,000
6095 NW 167th Street #D2B, Hialeah, FL 33015
Hialeah warehouse with approximately 50/50 office/warehouse space for sale.
Property Size3,774 SF
Days on Market143
Property Features for 6095 NW 167th Street #D2B
General Information
Standard status
Active
Size
3,774 SF
Zoning
7700
Building Details
Building Size
3,774 SF
Year Built
1983
Buildings
1
Stories
1
Listing Agency:
Bettoli Real Estate, LLC
(305) 219-9486
Listed By:
Maurizio Bettoli
(305) 219-9486
Source:
Laerrealty
Added: Apr 9
Changed: Aug 23
Last Checked: Aug 29 at 6:14AM
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 Bettoli Real Estate, LLC
Investment Insights
Based on property information with market context.
This commercial property in Hialeah features a warehouse with office space, offering an approximate 50/50 split between office and warehouse areas. The location has a bike score of 35, indicating it is somewhat bikeable. The walk score is 28, suggesting car dependence for most errands. Public transportation is available, as indicated by a transit score of 29.
Key Highlights
- Warehouse with Office Space available
- Approximately 50/50 Office/Warehouse space distribution
- Built in 1983
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$72,857
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,457,140
$1.5M
Cap Rate 7%
$1,040,814
$1.0M
Cap Rate 9%
$809,522
$809.5K
Market Conditions
NOI Build-Up for 3,774 SF
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.
Gross rent
$124.5K $33.00/SF
− Vacancy
−$27.4K −$7.26/SF
EGI
$97.1K $25.74/SF
− OpEx
−$24.3K −$6.44/SF
NOI
$72.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,457,140
Cap Rate 7%
$1,040,814
Cap Rate 9%
$809,522
Alternative Uses
Best Use
Office B
$1.04M
$910.7K – $1.21M
NOI $72,857 @ 7.0% cap · market cap 6.34%
Second Best
Warehouse
$743.1K
$650.3K – $867.0K
NOI $52,020 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M
NOI $103,981 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,623
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 Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Miami Lakes Commerce Center — 15892 NW 57th Ave, Miami Lakes, FL 33014
- Self Storage — 6812 NW 169th St, Hialeah, FL 33015
Frequently Asked Questions
What type of property is this?
Warehouse - Hialeah warehouse with approximately 50/50 office/warehouse space for sale.
Where is this warehouse located?
The property is located at 6095 NW 167th Street #D2B Hialeah, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Warehouse with Office Space available; Approximately 50/50 Office/Warehouse space distribution; Built in 1983
