Hialeah Freestanding Industrial
7215 W 20th Ave, Hialeah, FL 33014
45,409 SF industrial building with Palmetto Expressway frontage.
Type:Industrial
Property size:
45,409 SFLot size:
1.57 AcresPrice / SF:
$259/SF- Added:
- Feb 5, 2026
- Days on Market:
- 147
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 7215 W 20th Ave
General Information
- Standard status
- Active
- Size
- 45,409 SF
- Lot size
- 1.57 Acres
- Property subtype
- Industrial
Listing office Industrial Advisors Miami
Listing date Feb 5, 2026
Source Crexi
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 Industrial Advisors Miami
HighLights
- Prime Location: Direct frontage on Palmetto Expressway with exposure to 200,000+ cars daily and immediate access to major highways.
- Substantial Industrial Space: 45,409 SF freestanding building suitable for various industrial uses.
- Logistics & Distribution Hub: Close proximity to Miami International Airport & Port of Miami.
- Functional Loading Capabilities: Features 5 dock‑high doors and 1 concrete ramp for efficient loading and unloading.
- Secure and Equipped: Includes a secure gated rear yard and fire sprinklers throughout the building.
- Ample Parking and Office Space: Offers 35 parking spaces and 4,110 SF of office/showroom space.
Overview
Available for sale or lease, this freestanding industrial building offers 45,409 square feet of space in Hialeah's North Dade submarket. The property includes 4,110 square feet of office/showroom space and is situated on a 68,342 square foot lot. It features five dock-high doors, one concrete ramp, and a 17-foot clear ceiling height. The building is equipped with heavy 3-phase power, a steel bar joist roof, and a concrete block exterior. A secure, gated rear yard and fire sprinklers throughout the building add to its functionality. There are 35 parking spaces available. The property benefits from direct frontage on the Palmetto Expressway, providing exposure to over 200,000 cars per day and immediate access to I-75, the Florida Turnpike, and the Gratigny Expressway. Its location is close to Miami International Airport and the Port of Miami, making it suitable for logistics and distribution purposes.
Local Financial Insights For Retail
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 | $1.23M | $27.00 |
| − Vacancy | −$98.1k | −$2.16 |
| EGI | $1.13M | $24.84 |
| − OpEx | −$338.4k | −$7.45 |
| NOI | $789.6k | $17.39 |
45,409 SF · lease $27.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$11.28M
$9.87M – $13.16M
NOI $789,572 @ 7.0% cap · market cap 6.69%
Second Best
Warehouse
$8.94M
$7.82M – $10.43M
NOI $625,907 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$17.87M
$15.64M – $20.85M
NOI $1,251,109 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Stone International Kitchen, ...
Hardware & Home Improvement
Location Insight
- Map
- Local Demand
- City
- Hialeah
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.322973
- Latitude
- 25.888823
Nearby Similar for Sale
FAQs
What type of property is this?
Industrial property - 45,409 SF industrial building with Palmetto Expressway frontage.
Where is this industrial property located?
The property is located at 7215 W 20th Ave Hialeah, FL.
What is the asking price?
The asking price for this property is $11,800,000.
What are key features of this property?
This property features: Prime Location: Direct frontage on Palmetto Expressway with exposure to 200,000+ cars daily and immediate access to major highways.; Substantial Industrial Space: 45,409 SF freestanding building suitable for various industrial uses.; Logistics & Distribution Hub: Close proximity to Miami International Airport & Port of Miami.
