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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6350 167th St Miami Lakes, FL 33014-6107

    • Warehouses
    • 34,021 SF
    • 6.98 lot acres
    OFF-MARKET
    Value Estimations
    $4,630,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-7000640
    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

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 6350 167th St

    Year built
    2015
    Construction
    LIGHT FRAME
    Lot size
    6.98 lot acres
    Property size
    34,021 SF
    Zone code
    7700:INDUSTRIAL,RESTRICT
    Property type
    Warehouses
    APN
    32-2013-059-0010
    APU
    3220130590010

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $7,520,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami Lakes
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3038
    Latitude
    25.923
    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
    $84,117
    $3,285,874
    $1,722,671
    $5,008,545
    -
    $3,285,874
    $1,722,671
    $5,008,545

    Comparable in this City

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      $2,825,000
      22,466 SF

      13901 58th Ct

      WAREHOUSE, STORAGE • 22,466 SF
      13901 58th Ct, Miami Lakes, FL 33014-3114
      View Details
    • Value Estimation
      $6,295,000
      48,590 SF

      16333 54th Ave

      WAREHOUSE, STORAGE • 48,590 SF
      16333 54th Ave, Miami Gardens, FL 33014-6108
      View Details
    • Value Estimation
      $8,305,000
      64,288 SF

      16260 49th Ave

      WAREHOUSE, STORAGE • 64,288 SF
      16260 49th Ave, Miami Gardens, FL 33014-6315
      View Details
    • Value Estimation
      $5,050,000
      40,236 SF

      315 75th Pl

      WAREHOUSE, STORAGE • 40,236 SF
      315 75th Pl, Hialeah, FL 33014-4318
      View Details
    • Value Estimation
      $3,100,000
      25,140 SF

      8195 20th Ave

      WAREHOUSE, STORAGE • 25,140 SF
      8195 20th Ave, Hialeah, FL 33014-3231
      View Details
    • Value Estimation
      $2,545,000
      20,264 SF

      8155 20th Ave

      WAREHOUSE, STORAGE • 20,264 SF
      8155 20th Ave, Hialeah, FL 33014-3231
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Renovated Warehouse Space in Hialeah

      Fully renovated warehouse with modern offices and updated features.
      325 W 75Th Pl, Hialeah, FL 33014
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      Warehouse with Showroom/Office Space

      45,409 SF warehouse with showroom/office and highway frontage.
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      Renovated Warehouse Space in Hialeah

      Fully renovated warehouse with modern offices and updated features.
      333 W 75Th Pl, Hialeah, FL 33014
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    • $6,000,000

      Spacious Warehouse with Large Yard

      19,753 SF warehouse on 30,906 SF lot with yard.
      7555 W 2Nd Ct, Hialeah, FL 33014
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    • Contact for pricing

      Renovated Warehouse Space Available

      Hialeah warehouse with modern offices and updated features.
      329 W 75Th Pl, Hialeah, FL 33014
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    • Contact for pricing

      Miami Lakes Warehouse with Office

      1,782 SF Miami Lakes warehouse with office space for sale.
      5755 NW 151St St, Hialeah, FL 33014
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    Similar Nearby for Lease

    • $21 SF/Yr
      2,800 SF

      Hialeah Warehouse Space Available

      Modern warehouse, prime location, flexible lease options
      270 79Th Pl, Hialeah, FL 33014
      View Details
    • $8 SF/Yr
      20,853 SF

      Warehouse and Office Space Available

      Spacious warehouse and office combo with excellent highway access.
      7815 W 20Th Ave, Hialeah, FL 33014
      View Details
    • $13 SF/Yr
      182,919 SF

      Distribution Facility in Miami Lakes

      Single-tenant distribution facility with excellent highway access.
      5255 Northwest 159Th St, Hialeah, FL 33014
      View Details
    • $16 SF/Yr
      77,309 SF

      Miami Gardens Warehouse Space

      Prime Miami Gardens industrial warehouse
      15900-15998 48 Ave, Miami Gardens, FL 33014
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    • Contact for pricing
      95,941 SF

      Hialeah Warehouse Space Available

      95,941 SF warehouse space for lease in Hialeah.
      16175 NW 49Th Ave, Hialeah, FL 33014
      View Details
    • Contact for pricing
      27,000 SF

      Hialeah Industrial Property for Rent

      65,648 SF industrial property on 3.03 acres available.
      16260 NW 49Th Ave, Hialeah, FL 33014
      View Details

    Property Visit Statistics

    • Visits by month
      8.4k
    • Visitors by month
      7.1k
    • Avg Time on site
      51 min
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    6350 167th St
    Miami Lakes, FL 33014-6107
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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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