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Hialeah Gardens Warehouse with Offices

9180 NW 119th St 10 Hialeah Gardens, FL 33018

9180 NW 119th St 10, Hialeah Gardens, FL, 33018
$525,000
For Sale
Claim this Listing
$525,000

Functional warehouse with office space, ideal for logistics.

Property Size1,800 SF
Price / SF$291.67
AddedApr 11, 2025
Days on Market460
Last RefreshMay 28 at 1:37 pm

Property Features for 9180 NW 119th St 10

General Information

Standard status
Active
Size
1,800 SF
Property subtype
Commercial/Industrial

Building Details

Year Built
2002

Listing office ComReal Miami - Doral, LLC.

Listing date Apr 11, 2025

Source Exitrealty

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 ComReal Miami - Doral, LLC.


Investment Insights

Based on property information with market context.

This well-maintained corner unit is a multi-functional warehouse for sale in a prime location. The property is in a well-positioned area with easy access to I-75 and the Palmetto Expressway. Its proximity to Miami International Airport and the Port of Miami makes it ideal for logistics, distribution, or manufacturing needs. The property has 1,800 square feet of compact yet functional space suitable for small to mid-size businesses. Seventy percent of the space is dedicated to office use, providing a professional environment for administrative, sales, or managerial tasks. Thirty percent of the space is warehouse space for storage, light manufacturing, or distribution. Ample parking is available for employees, clients, and delivery vehicles. It is perfect for a business that needs both office space and warehouse storage. The offices can be demolished to create more warehouse space. There are nine parking spaces. The property is zoned for industrial and commercial use.

Key Highlights

  • Prime location with easy access to I‑75, Palmetto Expressway, MIA, and Port of Miami.
  • Zoned for industrial/commercial use.
  • Nine parking spaces.

Local Financial Insights For Office B

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 $82.1k $45.60
− Vacancy −$18.5k −$10.26
EGI $63.6k $35.34
− OpEx −$15.9k −$8.84
NOI $47.7k $26.51
1,800 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$681.6K
$596.4K – $795.2K (±1% cap)
NOI $47,709 @ 7.0% cap · market cap 9.09%
Second Best
Flex RnD
$565.6K
$494.9K – $659.9K (±1% cap)
NOI $39,593 @ 7.0% cap · market cap 7.54%
Theoretical Best
Office A
$913.2K
$799.1K – $1.07M (±1% cap)
NOI $63,925 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Restaurant Nail Salon (Bike/Boat/Book/etc) Store Skin Care Clinic Grocery & Convenience Store

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

Similar Off Market Nearby

  • A Matter of Taste Catering & Event Planning — 10620 NW 123rd Street Rd #106, Medley, FL 33178
  • Palate Cuisine — 12484 NW South River Dr, Medley, FL 33178
  • Senorita Party Rental — 3408 W 84th St, Hialeah, FL 33018
  • Senorita Paella — 3408 W 84th St, Hialeah, FL 33018

FAQs

What type of property is this?
Flex space - Functional warehouse with office space, ideal for logistics.
Where is this flex space located?
The property is located at 9180 NW 119th St 10 Hialeah Gardens, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Prime location with easy access to I‑75, Palmetto Expressway, MIA, and Port of Miami.; Zoned for industrial/commercial use.; Nine parking spaces.
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