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Industrial Warehouse with Roll-Up Bay
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8071 West 21st Court, Hialeah, FL 33016

Leased industrial space with substantial clear height and access to major regional transportation connections.

Property Size1,490 SF
Price / SF$328.86
Days on Market54

Property Features for 8071 West 21st Court

General Information

Standard status Active
Size 1,490 SF
Class D
Property subtype Retail, Industrial
Occupancy 100%
Lease Type Gross

Additional Details

Gross Income $33,600
Highway Access Yes
Clear Height 20 ft

Building Details

Year Built 1977
Buildings 1
Units 1
Tenancy Single
Listing Agency: Silverleaf Realty Group
Listed By: Mario Francisco Frech P.A · License #3356151
Source: Crexi
Added: Aug 27 Changed: Oct 4 Last Checked: Oct 16 at 7:12AM

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 Silverleaf Realty Group

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Investment Insights

Based on property information with market context.

This 1,490-square-foot industrial warehouse unit was built in 1977 and is leased to two month-to-month tenants. The space provides 20-foot clear ceiling height and an 18-foot roll-up bay door, supporting storage, distribution, and light manufacturing uses. Building improvements include completion of a 40-year recertification and a roof that is three years old.

The property is in Hialeah with connectivity to I-95, Florida’s Turnpike, Miami International Airport, and the Port of Miami. Its industrial configuration combines functional loading access with vertical storage capacity and flexible occupancy terms.

Key Highlights

  • 1,490 SF industrial warehouse unit
  • 20‑foot clear ceiling height
  • 18‑foot roll‑up bay door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,538
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,760 $410.8K
Cap Rate 7%
$293,400 $293.4K
Cap Rate 9%
$228,200 $228.2K
Market Conditions
NOI Build-Up for 1,490 SF
Gross rent
$25.6K $17.16/SF
− Vacancy
−$1.4K −$0.94/SF
EGI
$24.2K $16.22/SF
− OpEx
−$3.6K −$2.43/SF
NOI
$20.5K $13.78/SF
Area
Hialeah, FL
Vacancy
5.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,760
Cap Rate 7%
$293,400
Cap Rate 9%
$228,200

Alternative Uses

Best Use
Warehouse
$293.4K
$256.7K – $342.3K (±1% cap)
NOI $20,538 @ 7.0% cap · market cap 4.19%
Second Best
Industrial
$241.6K
$211.4K – $281.9K (±1% cap)
NOI $16,913 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$586.5K
$513.2K – $684.2K (±1% cap)
NOI $41,052 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Distribution centers

Suggested Use

Top Pick Restaurant Parking Lot & Garage Hair Salon Bar & Pub Hotel & Motel Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20 ft
Clear height
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,607
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Albertico & Friends llc — 2878 W 72nd Terrace, Hialeah, FL 33018
  • 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
  • US Storage Centers — 2771 W 76th St, Hialeah, FL 33016

Frequently Asked Questions

What type of property is this?
Warehouse - Leased industrial space with substantial clear height and access to major regional transportation connections.
Where is this warehouse located?
The property is located at 8071 West 21st Court Hialeah, FL.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 1,490 SF industrial warehouse unit; 20‑foot clear ceiling height; 18‑foot roll‑up bay door
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