Contacts

Agustin Duarte

RE/MAX 360 Real Estate

Property Details

Property Type Industrial - Flex - Industrial
Property Size 10,028 SF
Lot Size 0.15 Acre
Additional Rent Contact for pricing
Property Tenancy Single Tenant
Year Built 1957
Date Updated Oct 29, 2024
HVAC None

Along W 21st, directly along the metro rail and 2.5 Miles from Miami International Airport. M-1 ZoningRE/MAX 360 proudly presents a prime investment opportunity along the West Hialeah TOD: "W 21st. STREET INDUSTRIAL". This offering includes two warehouses being offered individually on W 21st Street, each unit approximately 0.15 acres or around 6,700 square feet. The property features one individual, flex space warehouse. Each warehouse is approximately 5,014 square feet and occupied by the owner/user. Hialeah and the adjacent Medley stand out as key industrial hubs in Miami, notable for their substantial inventory and connectivity. The majority of industrial properties are concentrated in the southeastern region near Interstate 95, offering Hialeah's industrial tenants easy access to the wider South Florida area. Sales volume has tapered off since 2023, following a historic surge. In the past 12 months, transaction activity has amounted to $96.1 million, down from the peak annual volume of over $234 million in 2021 and below the five-year average annual volume of $151 million. Moreover, a reduced industrial cap rate averaging 5.6% in the last year, compared to 6.0% four quarters ago, has contributed to rising prices since 2019.

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Highlights

PROPERTY HIGHLIGHTS
0.15 Acre of land 5,014 sqft FLEX space
Approximately 30,000 cars daily
LOCATION HIGHLIGHTS
Along W 21st Street
Directly along the metro rail
2.5 miles from Miami International Airport
M-1 Zoning
SITE DETAIL
Land Size: 0.15 acre FLEX whse. +/- 5,014 sqft
Zoning: M-1
Parcel ID: 04-3107-010-0032
Asking $1,200,000.00

Getting around

75/100
Walk Score ®
54/100
Transit Score ®
51/100
Bike Score ®

Powered by Walk Score ®

City Hialeah, FL
Neighborhood Hialeah Town Center
Zip Code 33010
Market Miami

Points of Interest

Miami

2.02 miles
Hialeah Market

2.78 miles
4

3.00 miles
Gates E20-E35

3.17 miles
Gates E2-E11

3.23 miles
MIA Station

3.24 miles
MIA Station

3.25 miles
Miami Intermodal Center

3.55 miles
Miami Intermodal Center

3.56 miles
Miami Airport

3.61 miles

Westar

1.39 miles
Westar

1.42 miles
Exxon

1.64 miles
Exxon

1.93 miles
Chevron

1.95 miles
Exxon

2.22 miles
Orion Fuel

2.28 miles
Chevron

2.28 miles
Shell

2.32 miles
Valero

2.40 miles

La Esquina Habanera

0.63 miles
Enterprise

2.13 miles
U-Haul

2.30 miles
Enterprise

2.78 miles
Exotic Miami Rentals

3.02 miles
Green Motion

3.22 miles
Apollo Miami RVs Motorhomes

3.34 miles
Embassy Flex

3.38 miles
Car Rental Miami Airport

3.52 miles
Rental Car Center

3.53 miles

Palenque Pizzeria

0.41 miles
La Carne Asada

0.51 miles
Fritanga Hermanos Mendoza

0.64 miles
La Rampa

1.04 miles
Canton Village

1.26 miles
Siamo

1.39 miles
China King

1.40 miles
Subway

1.40 miles
Cozy Corner

1.42 miles
Papa John's

1.43 miles

In-Depth Research Available for this Property

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