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    6187 NW 167th Street Hialeah, FL 33015

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    For Sale
    $475,000

    COMMERCIAL - Hialeah, FL

    Property size:
    1,328 SF
    Price / SF:
    $357/SF
    Added:
    Nov 20, 2025
    Days on Market:
    167
    Last Refresh:
    May 6 at 1:06 pm

    Property Features for 6187 NW 167th Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    7700
    Standard status
    Active
    APN
    30-20-13-023-0630
    Size
    1,328 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    COMMERCIAL CENTER MIAMI CONDO #4 UNIT H23 UNDIV 1/80 INT IN COMMON ELEMENTS OFF REC 13131-5844 OR 18384-876 1298 1
    Tax Annual Amount
    3614

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1987
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Wood, Tile
    Building materials
    CBS

    We can help!

    Listing Contact
    Tini Hui PA

    Listing agent Tini Hui PA License #0425403

    Listing office The Keyes Company 1535 Three Village Road, Miami, FL

    Listing date Nov 20, 2025

    MLS# F10538291

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Versatile 1,328 sq. ft. commercial industrial condo suitable for office and warehouse use.
    • Includes a reception area, four private offices, open work areas, kitchen, and bathroom.
    • Features a convenient garage loading door for deliveries and equipment.
    • Upstairs offers additional office space.
    • Option to purchase existing office furniture for a turnkey business opportunity.
    • Central heating and air conditioning.

    Overview

    Hialeah Commercial Industrial Condo

    This 1,328 square foot commercial industrial condo in Hialeah, Florida, offers a blend of office and warehouse functionality. The ground level features a reception area, two private offices, a bathroom, a kitchen, and an open work area suitable for operations or light industrial use. The upstairs area includes two additional offices and an open office section that can be used for extra desks, collaboration space, or storage. A garage loading door provides accessibility for deliveries and equipment. Existing office furniture is available for purchase. The property is being sold "As Is, where is," and the owner makes no representations regarding its existing condition. The property is zoned 7700.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    JHC Contractors Inc Construction Company Express Trading & Services ... Department Store Red Traxx Mastering Recording Studio Fort Training Gym & Fitness Center First Financial Employee ... Financial Advisor

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Cultivations LLC — 15495 Eagle Nest Ln, Miami Lakes, FL 33014
    • Yoshs Unique Deli — 15485 Eagle Nest Ln, Miami Lakes, FL 33014
    • Melians Enterprises — 6157 NW 167th St STE F27, Hialeah, FL 33015
    • Single Tree BBQ — 15450 New Barn Rd, Miami Lakes, FL 33014
    • BQM Bolitas de Queso Miami — 16348 Wood Walk, Miami Lakes, FL 33014

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.301985
    Latitude
    25.92739

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    FAQs

    What type of property is this?
    Flex space - 1,328 sq ft commercial condo with office and warehouse.
    Where is this flex space located?
    The property is located at 6187 NW 167th Street Hialeah, FL.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Versatile 1,328 sq. ft. commercial industrial condo suitable for office and warehouse use.; Includes a reception area, four private offices, open work areas, kitchen, and bathroom.; Features a convenient garage loading door for deliveries and equipment.
    (305) 904-3761
    We can help!
    Listing Contact
    Tini Hui PA
    Real Estate License ID: 0425403
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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