Flex Warehouse with
9180 NW 119th Street #10 Hialeah Gardens, FL 33018
For Sale
$495,000
Street-level corner unit with office space and warehouse area, plus 9 parking spaces, zoned for industrial/commercial use.
Property Size1,800 SF
Price / SF$275
Days on Market46
Property Features for 9180 NW 119th Street #10
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2002
Listing Agency:
COMREAL MIAMI - DORAL, LLC.
(305) 815-3376
Listed By:
PATRICIA QUINTANA · License #A11780116
Source:
Corcoran
Added: Jun 9
Changed: Jul 23
Last Checked: Jul 23 at 12:10PM
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 flex warehouse for sale is a well-maintained, street-level corner unit with a compact, multi-functional layout. The space is configured with approximately 70% office and 30% warehouse, supporting administrative work alongside storage and light distribution or manufacturing needs. Offices can be demolished to create additional warehouse capacity.
The property is described as being in a well-positioned area with easy access to I-75 and Palmetto Expressway, with proximity to MIA and the port of Miami for logistics and related operations.
With 9 parking spaces on site, the layout is set up to accommodate employees, clients, and delivery vehicles while maintaining an on-site balance of office and warehouse functionality.
The property is described as being in a well-positioned area with easy access to I-75 and Palmetto Expressway, with proximity to MIA and the port of Miami for logistics and related operations.
With 9 parking spaces on site, the layout is set up to accommodate employees, clients, and delivery vehicles while maintaining an on-site balance of office and warehouse functionality.
Key Highlights
- Street‑level corner unit with warehouse/office layout and industrial/commercial zoning
- 1,800 sq ft total space: 70% office and 30% warehouse area for storage or distribution
- Well‑positioned for access to I‑75 and Palmetto Expressway, with close proximity to MIA and the port of Miami
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 | $64.8k | $36.00 |
| − Vacancy | −$3.9k | −$2.16 |
| EGI | $60.9k | $33.84 |
| − OpEx | −$21.3k | −$11.84 |
| NOI | $39.6k | $22.00 |
1,800 SF · lease $36.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$681.6K
$596.4K – $795.2K
NOI $47,709 @ 7.0% cap · market cap 9.64%
Second Best
Flex RnD
$565.6K
$494.9K – $659.9K
NOI $39,593 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$913.2K
$799.1K – $1.07M
NOI $63,925 @ 7.0% cap · market cap 12.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
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 - Street-level corner unit with office space and warehouse area, plus 9 parking spaces, zoned for industrial/commercial use.
Where is this flex space located?
The property is located at 9180 NW 119th Street #10 Hialeah Gardens, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Street‑level corner unit with warehouse/office layout and industrial/commercial zoning; 1,800 sq ft total space: 70% office and 30% warehouse area for storage or distribution; Well‑positioned for access to I‑75 and Palmetto Expressway, with close proximity to MIA and the port of Miami
