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    Property profile & analytics

    6043 167th St Ste A11 Hialeah, FL 33015-4341

    • Manufacturing properties
    • 2,395 SF
    OFF-MARKET
    Last Sale
    May 22, 2024
    $700,000
    Value Estimations
    $530,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4111021
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hot Pandeyuca & Company Inc / Bakery / Production Facility
    • Hemme Approach / Training Center / Tutoring Service
    • The Drain Doctor / Plumbing Service / General Contractor
    • ZPMC USA / Industrial Manufacturer / Construction Company
    • Number One Rehab Care / Physician

    Property Details for 6043 167th St Ste A11

    Year built
    1982
    Property size
    2,395 SF
    Zone code
    7700:INDUSTRIAL,RESTRICT
    Property type
    Manufacturing properties
    APN
    30-2013-010-0110
    APU
    3020130100110

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $360,000
      Market price range: $219k - $533k
      AI Estimate
      $360,000
      Market price range: $219k - $533k

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $400,000
      Current use
      AUTO REPAIR, GARAGE
      $865,000
      Change: +118% Conversion: Easy
      OFFICE BUILDING
      $695,000
      Change: +75% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $685,000
      Change: +73% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $670,000
      Change: +69% Conversion: Difficult
      RETAIL STORES
      $650,000
      Change: +63% Conversion: Moderate
      WAREHOUSE, STORAGE
      $485,000
      Change: +22% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2999
    Latitude
    25.9258
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $419,125
    -
    $0.00
    $0.00
    $419,125

    Comparable in this City

    • Value Estimation by Request
      1,328 SF

      6187 167th St Ste H6

      MANUFACTURING (LIGHT) • 1,328 SF
      6187 167th St Ste H6, Hialeah, FL 33015-4335
      View Details
    • Value Estimation by Request
      1,257 SF

      6175 167th St Ste G21

      MANUFACTURING (LIGHT) • 1,257 SF
      6175 167th St Ste G21, Hialeah, FL 33015-4349
      View Details
    • Value Estimation by Request
      2,395 SF

      6065 167th St Ste B21

      MANUFACTURING (LIGHT) • 2,395 SF
      6065 167th St Ste B21, Hialeah, FL 33015-4399
      View Details
    • Value Estimation by Request
      1,328 SF

      6187 167th St Ste H17

      MANUFACTURING (LIGHT) • 1,328 SF
      6187 167th St Ste H17, Hialeah, FL 33015-4351
      View Details
    • Value Estimation by Request
      1,328 SF

      6175 167th St Ste G7

      MANUFACTURING (LIGHT) • 1,328 SF
      6175 167th St Ste G7, Hialeah, FL 33015-4300
      View Details
    • Value Estimation by Request
      2,426 SF

      6157 167th St Ste F20

      MANUFACTURING (LIGHT) • 2,426 SF
      6157 167th St Ste F20, Hialeah, FL 33015-4360
      View Details

    Similar Nearby for Sale

    • $475,000
      1,328 SF

      Hialeah Commercial Industrial Condo

      1,328 sq ft commercial condo with office and warehouse functionality.
      6187 NW 167Th St, Hialeah, FL 33015
      View Details
    • New
      $450,000
      Pending

      Hialeah Warehouse/Office Space For Sale

      Warehouse/office space with loading bay in secure, gated community.
      6187 NW 167Th St, Hialeah, FL 33015
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    • $250,000

      Hialeah Storefront: Prime Retail Space

      Turnkey Beauty Salon; High Traffic Location
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      Miami Lakes Shopping Center For Sale

      Community shopping center in Miami Lakes, anchored by Navarro and Sketchers.
      16801 NW 67Th Ave, Hialeah, FL 33015
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    • Contact for pricing

      Bright Office Space in Hialeah

      Executive office space with utilities included and ample parking.
      18191 Nw 68Th Ave, Hialeah, FL 33015
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    • New
      $3,900,000

      Hialeah Retail Investment Opportunity

      Well-maintained retail property with established business and additional tenants.
      17851 NW 78Th Ave, Hialeah, FL 33015
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    Similar Nearby for Lease

    • $20 SF/Yr
      1,688 SF

      Hialeah Warehouse: 1688 sq ft

      Spacious warehouse, ideal for single tenant. Prime Hialeah location.
      5921 176Th St, Hialeah, FL 33015
      View Details
    • New
      $2,900 /Mo

      Hialeah Warehouse/Office Space Available

      Secure, gated Hialeah warehouse/office space for rent.
      6187 NW 167Th St, Hialeah, FL 33015
      View Details
    • $17 SF/Yr
      160,000 SF

      Hialeah Warehouse Space Available

      160,000 square foot warehouse available for lease in Hialeah.
      6601 NW 167Th St, Hialeah, FL 33015
      View Details
    • $3,500 /Mo

      Hialeah Office/Warehouse Condominium For Rent

      Air-conditioned office/warehouse in a gated complex, available May 2026.
      6175 NW 167Th St, Hialeah, FL 33015
      View Details
    • $4,600 /Mo

      Hialeah Office/Warehouse Flex Space

      2,395 SQFT flex space with office and warehouse in Hialeah.
      6065 NW 167Th St, Hialeah, FL 33015
      View Details
    • $25 SF/Yr
      1,328 SF

      Hialeah Warehouse: 1328 sq ft

      Prime Hialeah warehouse, office space, great location.
      6187 167 St, Country Club, FL 33015
      View Details
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    6043 167th St Ste A11
    Hialeah, FL 33015-4341
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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