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    Corner Unit Warehouse with Offices Title is generated by Realmo AI

    9180 Nw 119th St Ste 10, Hialeah Gardens, FL 33018

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    For Sale
    $575,000

    Functional warehouse with office space, ideal for logistics and distribution.

    Property size:
    1,800 SF
    Price / SF:
    $319/SF
    Added:
    Apr 10, 2025
    Days on Market:
    428
    Last Refresh:
    Apr 5 at 8:32 pm

    Property Features for 9180 Nw 119th St Ste 10

    General Information

    Standard status
    Active
    Size
    1,800 SF

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    Listing Contact
    Edward Redlich

    Listing agent Edward Redlich License #3375503

    Listing office ComReal Miami - Doral, LLC.

    Listing date Apr 10, 2025

    Source Exprealty

    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.

    HighLights

    • Prime location with easy access to I‑75 and Palmetto Expressway.
    • Zoned for industrial/commercial use.
    • 9 parking spaces.
    • 1,800 sq ft multi‑functional space.
    • 70% office space, 30% warehouse space.
    • Close proximity to MIA and Port of Miami.

    Overview

    This well-maintained corner unit offers a multi-functional space suitable for various industrial and commercial uses. The property is zoned for industrial/commercial use and includes 9 parking spaces. The 1,800 square foot space is designed to accommodate small to mid-size businesses, featuring a layout where 70% of the area is dedicated to office use, creating a professional environment for administrative, sales, or managerial tasks. The remaining 30% of the space is allocated to warehouse functions, suitable for storage, light manufacturing, or distribution. Its location provides easy access to I-75 and the Palmetto Expressway, and it is close to Miami International Airport (MIA) and the Port of Miami, making it ideal for logistics, distribution, or manufacturing needs. Ample parking is available for employees, clients, and delivery vehicles, making it suitable for a business that requires both office space and warehouse storage.

    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 8.30%
    Second Best
    Flex RnD
    $565.6K
    $494.9K – $659.9K (±1% cap)
    NOI $39,593 @ 7.0% cap · market cap 6.89%
    Theoretical Best
    Office A
    $913.2K
    $799.1K – $1.07M (±1% cap)
    NOI $63,925 @ 7.0% cap · market cap 11.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

    Similar Places 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

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah Gardens
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3554
    Latitude
    25.8928

    FAQs

    What type of property is this?
    Flex space - Functional warehouse with office space, ideal for logistics and distribution.
    Where is this flex space located?
    The property is located at 9180 Nw 119th St Ste 10 Hialeah Gardens, FL.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: Prime location with easy access to I‑75 and Palmetto Expressway.; Zoned for industrial/commercial use.; 9 parking spaces.
    More about this property
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