Hialeah Warehouse with Transit Access

1677 W 31st Pl, Hialeah, FL 33012

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For Sale

Contact for pricing

16,100 SF warehouse near transit, flexible occupancy.

Type:Industrial

Property size:

16,100 SF

Price / SF:

$248/SF

HighLights

Strategic location: Proximity to Miami International Airport.
Excellent transit connectivity: Just 1.5 miles from Okeechobee Metrorail and 1.9 miles from Palmetto Metrorail.
Flexible logistics: Features three grade‑level doors, including one dock door, with street access at both front and back.
Sizeable warehouse: Offering 16,100 sqft of space.
Vacant possession option: Available vacant or with a tenant until December 31, 2025.
Recently recertified: Benefit from a completed 40‑year recertification.

We can help!

Listing Contact

Raul Pino

For Sale

Contact for pricing

16,100 SF warehouse near transit, flexible occupancy.

Type:Industrial

Property size:

16,100 SF

Price / SF:

$248/SF

Added:: Aug 12, 2022
Days on Market:: 1408
Last Refresh:: May 19 at 8:53 pm

Property Features for 1677 W 31st Pl

General Information

Standard status: Active
Size: 16,100 SF
Property subtype: Industrial

Building Details

Year Built: 1965

We can help!

Listing Contact

Raul Pino

Listing agent Raul Pino License #FL 3423287

Listing office The Hype Group

Listing date Aug 12, 2022

Source Crexi

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 The Hype Group

HighLights

Strategic location: Proximity to Miami International Airport.
Excellent transit connectivity: Just 1.5 miles from Okeechobee Metrorail and 1.9 miles from Palmetto Metrorail.
Flexible logistics: Features three grade‑level doors, including one dock door, with street access at both front and back.
Sizeable warehouse: Offering 16,100 sqft of space.
Vacant possession option: Available vacant or with a tenant until December 31, 2025.
Recently recertified: Benefit from a completed 40‑year recertification.

Overview

This 16,100 sqft warehouse features three grade level doors, including one dock door, with street access at both the front and back. The property can be delivered vacant or with a tenant in place by December 31, 2025. Located 1.5 miles from Okeechobee Metrorail and 1.9 miles from Palmetto Metrorail, it offers transit connectivity. The warehouse has received its 40-year recertification and is located near Miami International Airport. This well-maintained warehouse is suitable for investors.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$276.3k	$17.16
− Vacancy	−$15.2k	−$0.94
EGI	$261.1k	$16.22
− OpEx	−$39.2k	−$2.43
NOI	$221.9k	$13.78

16,100 SF · lease $17.16/SF/yr · vacancy 5.50% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$3.17M

$2.77M – $3.70M (±1% cap)

NOI $221,919 @ 7.0% cap · market cap 5.55%

Second Best

Industrial

$2.61M

$2.28M – $3.05M (±1% cap)

NOI $182,757 @ 7.0% cap · market cap 4.57%

Theoretical Best

Office A

$6.34M

$5.54M – $7.39M (±1% cap)

NOI $443,587 @ 7.0% cap · market cap 11.09%

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

Property Profile Location Intelligence

Current Use by Public Records

Dt Woodcrafters Corporation Construction Company

Suggested Use

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Location Insight

Map
Local Demand

City: Hialeah
County: Miami-Dade
State: Florida
Longitude: -80.316839
Latitude: 25.85042

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For sale
Warehouses
FL
Hialeah
33012
1677 W 31st Pl

What type of property is this?

Warehouse - 16,100 SF warehouse near transit, flexible occupancy.

Where is this warehouse located?

The property is located at 1677 W 31st Pl Hialeah, FL.

What is the asking price?

The asking price for this property is $4,000,000.

What are key features of this property?

This property features: Strategic location: Proximity to Miami International Airport.; Excellent transit connectivity: Just 1.5 miles from Okeechobee Metrorail and 1.9 miles from Palmetto Metrorail.; Flexible logistics: Features three grade‑level doors, including one dock door, with street access at both front and back.