Street-Level Flex Warehouse
For Sale
$540,000
9-5921 Nw 176th St, Hialeah, FL 33015
Street-level flex warehouse condo with concrete roof and floor construction, built in 2007, in a Heavy Commercial/Industrial Restricted zone.
Property Size1,685 SF
Price / SF$320.47
Days on Market29
Property Features for 9-5921 Nw 176th St
General Information
Standard status
Active
Size
1,685 SF
Zoning
7700 Heavy Commercial/Industrial – Restricted
Additional Details
Highway Access
Yes
Building Details
Year Built
2007
Construction
concrete
Listing Agency:
United Realty Group Inc
(305) 753-7393
Listed By:
Juan M Urbina · License #3262548
(305) 753-7393
Source:
Exprealty
Added: Jul 4
Changed: Jul 31
Last Checked: Jul 31 at 3:38AM
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 United Realty Group Inc
Investment Insights
Based on property information with market context.
Street-level flex warehouse condo in Royal Commerce Center offering a street-level layout suited for industrial and light commercial activity. The unit is 1,685 SF and was built in 2007 with concrete roof and concrete floor construction designed for durability.
The property is positioned for quick access to the Palmetto Expressway and I-75, supporting distribution, logistics, light manufacturing, wholesale, contractor/service use, and e-commerce operations. Zoning is 7700 Heavy Commercial/Industrial – Restricted, permitting a range of industrial and commercial uses.
A turnkey floral business currently operating in the space is also available for purchase separately; contact the listing agent for details regarding that separate offering.
The property is positioned for quick access to the Palmetto Expressway and I-75, supporting distribution, logistics, light manufacturing, wholesale, contractor/service use, and e-commerce operations. Zoning is 7700 Heavy Commercial/Industrial – Restricted, permitting a range of industrial and commercial uses.
A turnkey floral business currently operating in the space is also available for purchase separately; contact the listing agent for details regarding that separate offering.
Key Highlights
- 1,685 SF street‑level flex warehouse condo in Royal Commerce Center
- Built in 2007
- Concrete roof and concrete floor construction
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 | $42.5k | $25.20 |
| − Vacancy | −$3.4k | −$2.02 |
| EGI | $39.1k | $23.18 |
| − OpEx | −$13.7k | −$8.11 |
| NOI | $25.4k | $15.07 |
1,685 SF · lease $25.20/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$362.7K
$317.4K – $423.2K
NOI $25,392 @ 7.0% cap · market cap 4.70%
Second Best
Warehouse
$331.8K
$290.3K – $387.1K
NOI $23,226 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$663.2K
$580.3K – $773.8K
NOI $46,425 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,357
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33015, FL
65,645
Population
23,963
Households
2.7
Avg Household Size
39
Median Age
31%
College-Educated
88%
High-School Grad
5.9 sq mi
ZIP Area
11,126
Density / Sq Mi
$73,609
Median Household Income
$37,274
Median Earnings
$1,841
Median Rent
$384,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Simple Southern Catering — 18538 NW 67th Ave, Miami Gardens, FL 33015
- Melians Enterprises — 6157 NW 167th St STE F27, Hialeah, FL 33015
- CJs Catering — 5190 NW 167th St, Miami Gardens, FL 33014
- Crazy 4 Meat — 6970 NW 177th St, Hialeah, FL 33015
- Mary & Mo Catering — 6643 NW 174th Ln, Hialeah, FL 33015
Frequently Asked Questions
What type of property is this?
Flex space - Street-level flex warehouse condo with concrete roof and floor construction, built in 2007, in a Heavy Commercial/Industrial Restricted zone.
Where is this flex space located?
The property is located at 9-5921 Nw 176th St Hialeah, FL.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 1,685 SF street‑level flex warehouse condo in Royal Commerce Center; Built in 2007; Concrete roof and concrete floor construction
