Industrial Distribution
7620 W 2nd Ct Hialeah, FL 33014
For Sale
$8,200,000
Pending
Industrial facility for sale with 18’ clear height, dock-high doors, 3,000 amps of power, and a paved yard.
Property Size36,326 SF
Lot Size1.42 Acres
Days on Market135
Property Features for 7620 W 2nd Ct
General Information
- Standard status
- Pending
- Size
- 36,326 SF
- Lot size
- 1.42 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1968
Listing Agency:
THE HYPE REAL ESTATE GROUP CORP
(305) 592-1588
Listed By:
RAUL PINO JR · License #A11981276
Source:
Corcoran
Added: Mar 11
Changed: Jul 22
Last Checked: Jul 22 at 6:27AM
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 HYPE REAL ESTATE GROUP CORP
Investment Insights
Based on property information with market context.
This industrial distribution facility totals 36,326 SF, including approximately 3,000 SF of office with flexible split options of either 16,000 SF or 20,000 SF. Warehouse improvements include 18’ clear height, four dock-high doors, and one ramp. The property is fully sprinklered and secured, and it includes approximately 3,000 amps of 480V 3-phase power, along with new AC and strong ventilation.
The building is situated on a 1.42-acre paved yard site and is described as having excellent access to I-75, Palmetto, Dolphin, I-95, MIA Cargo, and PortMiami.
Operationally, the configuration supports logistics and distribution needs, with the office component offering flexible allocation between the stated split options.
The building is situated on a 1.42-acre paved yard site and is described as having excellent access to I-75, Palmetto, Dolphin, I-95, MIA Cargo, and PortMiami.
Operationally, the configuration supports logistics and distribution needs, with the office component offering flexible allocation between the stated split options.
Key Highlights
- 36,326 SF industrial facility with flexible office split options of ±3,000 SF
- 18’ clear height with 4 dock‑high doors plus 1 ramp
- 3,000 amps of 480V 3‑phase power and new AC
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 | $915.4k | $25.20 |
| − Vacancy | −$73.2k | −$2.02 |
| EGI | $842.2k | $23.18 |
| − OpEx | −$294.8k | −$8.11 |
| NOI | $547.4k | $15.07 |
36,326 SF · lease $25.20/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$7.82M
$6.84M – $9.12M
NOI $547,418 @ 7.0% cap · market cap 6.68%
Second Best
Warehouse
$7.15M
$6.26M – $8.35M
NOI $500,709 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$14.30M
$12.51M – $16.68M
NOI $1,000,854 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Molds Unlimited Inc.
Factory
Lanson Americas
Industrial Manufacturer
Al Vent Architectural ...
Architect
ProductosTerminados USA
Marketing & Advertising
Similar Off Market Nearby
- Aj Catering — 6887 W 4th Ave, Hialeah, FL 33014
- Addy's Exquisite Meals & Catering
FAQs
What type of property is this?
Flex space - Industrial facility for sale with 18’ clear height, dock-high doors, 3,000 amps of power, and a paved yard.
Where is this flex space located?
The property is located at 7620 W 2nd Ct Hialeah, FL.
What is the asking price?
The asking price for this property is $8,200,000.
What are key features of this property?
This property features: 36,326 SF industrial facility with flexible office split options of ±3,000 SF; 18’ clear height with 4 dock‑high doors plus 1 ramp; 3,000 amps of 480V 3‑phase power and new AC
