Industrial
7850 W 22nd Avenue, Hialeah, FL 33016
For Sale
New
Contact for pricing
A 6,000-square-foot industrial space is suited to warehousing, distribution, logistics, or storage.
Property Size9,840 SF
Price / SF$0.00
Days on Market5
Property Features for 7850 W 22nd Avenue
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Building Details
Year Built
Listing Agency:
The Hype Real Estate Group Corp
Listed By:
Pablo Sebastian Vignolo · License FL #3276129
(305) 303-3837
Source:
Lehmannflorida
Added: Nov 8
Changed: Nov 12
Last Checked: Nov 12 at 2:23PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property includes 6,000 square feet of industrial space, with potential applications in warehousing, distribution, logistics, and storage. The building dates to 1996.
Access is available to the Palmetto Expressway (SR 826) and Okeechobee Road.
Access is available to the Palmetto Expressway (SR 826) and Okeechobee Road.
Key Highlights
- 6,000 SF of industrial space
- Built in 1996
- Access to the Palmetto Expressway (SR 826) and Okeechobee Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,697
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,233,940
$2.2M
Cap Rate 7%
$1,595,671
$1.6M
Cap Rate 9%
$1,241,078
$1.2M
Market Conditions
NOI Build-Up for 9,840 SF
Gross rent
$168.9K $17.16/SF
− Vacancy
−$9.3K −$0.94/SF
EGI
$159.6K $16.22/SF
− OpEx
−$47.9K −$4.86/SF
NOI
$111.7K $11.35/SF
Area
Hialeah, FL
Vacancy
5.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,233,940
Cap Rate 7%
$1,595,671
Cap Rate 9%
$1,241,078
Alternative Uses
Best Use
Warehouse
$1.94M
$1.70M – $2.26M
NOI $135,632 @ 7.0% cap
Second Best
Industrial
$1.60M
$1.40M – $1.86M
NOI $111,697 @ 7.0% cap
Theoretical Best
Office A
$3.87M
$3.39M – $4.52M
NOI $271,112 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,020
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33016, FL
45,714
Population
16,158
Households
2.8
Avg Household Size
43
Median Age
28%
College-Educated
83%
High-School Grad
4.2 sq mi
ZIP Area
10,884
Density / Sq Mi
$56,633
Median Household Income
$33,069
Median Earnings
$1,753
Median Rent
$295,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Hialeah, FL
Properties on Market for Warehouses in Hialeah
Vacancy Rate% for Industrial in South region
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- Self Storage Unit Near Hialeah — 7200 W 20th Ave, Hialeah, FL 33016
- Public Storage — 7200 W 20th Ave, Hialeah, FL 33016
- Self Storage — 7200 w 20th ave, hialeah, fl 33016
Frequently Asked Questions
What type of property is this?
Warehouse - A 6,000-square-foot industrial space is suited to warehousing, distribution, logistics, or storage.
Where is this warehouse located?
The property is located at 7850 W 22nd Avenue Hialeah, FL.
What are key features of this property?
This property features: 6,000 SF of industrial space; Built in 1996; Access to the Palmetto Expressway (SR 826) and Okeechobee Road
