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1675-1677 W 31st Pl 16,100 SF Industrial Building Hialeah, FL 33012 $5,470,800 CAD ($339.80 CAD/SF) 6.21% Cap Rate
Investment Highlights
- Strong tenant in business for 20+ years
- Can Be Delivered Vacant
- 3 Grade level doors and 1 dock height door
Executive Summary
This 16,100 sqft warehouse features three grade level doors, including one dock door, with street access at both the front and back, offering flexibility for logistics and operations. The property can be delivered vacant or with a tenant in place by December 31, 2025. Located just 1.5 miles from Okeechobee Metrorail and 1.9 miles from Palmetto Metrorail, it offers excellent transit connectivity. With its recent 40-year recertification and proximity to Miami International Airport, this well-maintained warehouse is ideal for investors looking for a stable property in a strategic location.
Property Facts
| Price | $5,470,800 CAD | Rentable Building Area | 16,100 SF |
| Price Per SF | $339.80 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1965 |
| Cap Rate | 6.21% | Tenancy | Single |
| Sale Condition | Lease Option | Parking Ratio | 1.74/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 17’ |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 4 |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 1.01 AC | Parcel Number | 04-3011-038-0001 |
| Zoning | 7100 - Industrial/Warehousing/Light Manufacturing | ||
| Price | $5,470,800 CAD |
| Price Per SF | $339.80 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.21% |
| Sale Condition | Lease Option |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.01 AC |
| Rentable Building Area | 16,100 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Tenancy | Single |
| Parking Ratio | 1.74/1,000 SF |
| Clear Ceiling Height | 17’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | 7100 - Industrial/Warehousing/Light Manufacturing |
| Parcel Number | 04-3011-038-0001 |
Amenities
- Reception
- Smoke Detector
- Breakroom
Utilities
- Lighting
- Water - City
- Sewer - City
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
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1675-1677 W 31st Pl
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