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    371 21St St Hialeah, FL 33010

    For Sale
    $1,300,000

    5,000 SF Warehouse, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a double parcel sale encompassing two properties (04-3107-010-0032 & 04-3107-010-0031), totaling 5,000 square feet of warehouse space in the thriving city of Hialeah, Florida. The property, built in 1957, is a stand-alone structure featuring a versatile showroom floor ideal for a variety of uses. Its strategic location offers unparalleled visibility, boasting a daily car count of 29,000 vehicles. The warehouse benefits from convenient access to both dock-high and street-level loading bays, ensuring efficient operations. Further enhancing its functionality are the inclusion of three-phase electrical panels and access to the FEC railroad. This prime location is situated near major highways, the Metrorail system, and the Flamingo Park Casino, providing excellent connectivity and high visibility for attracting customers and employees. The asking price for this exceptional property is $1,300,000. The lot size is not currently available. This is a rare opportunity to acquire a well-positioned industrial property in a high-traffic area of Hialeah, Florida.

    Property Features for 371 21St St

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    1957

    HighLights

    • Exceptional investment opportunity: Two Hialeah, FL warehouse parcels (04‑3107‑010‑0032 & 04‑3107‑010‑0031) totaling 5,000 SF.
    • 1957‑built stand‑alone structure with versatile showroom floor.
    • High‑traffic location with 29,000 daily vehicle count, offering excellent visibility.
    • Convenient dock‑high and street‑level loading, three‑phase power, and FEC railroad access.
    • $1,300,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    D'Capri Furniture & Mattress ... Furniture Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.289437
    Latitude
    25.8409202

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    FAQs

    What type of property is this?
    Distribution property - 5,000 SF Warehouse, High Visibility
    Where is this distribution property located?
    The property is located at 371 21St St Hialeah, FL.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity: Two Hialeah, FL warehouse parcels (04-3107-010-0032 & 04-3107-010-0031) totaling 5,000 SF.; 1957-built stand-alone structure with versatile showroom floor.; High-traffic location with 29,000 daily vehicle count, offering excellent visibility.
    Request Owner's contact information
    371 21St St Hialeah, FL 33010
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    Hialeah, FL 33010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    371 21St St Hialeah, FL 33010
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