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Condo Warehouse with Flexible Layout
For Sale
$450,000

1005-1750 W 39th Pl, Hialeah, FL 33012

1,166 SF condo warehouse offers a flexible layout and sold as-is, with quick access to major expressways.

Property Size1,166 SF
Price / SF$385.93
Days on Market41

Property Features for 1005-1750 W 39th Pl

General Information

Standard status Active
Size 1,166 SF

Additional Details

Highway Access Yes
Warehouse Space 1,166 SF
Listing Agency: Interinvestments Realty, Inc.
Listed By: Marcela Avila · License #3443205
Source: Exprealty
Added: Jun 22 Changed: Jul 30 Last Checked: Jul 31 at 12:07PM

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 Interinvestments Realty, Inc.

Investment Insights

Based on property information with market context.

This prime commercial/industrial condo warehouse offers a flexible layout suited for a range of commercial and industrial uses. The unit is listed at 1,166 SF and is sold as-is.

Located at 1005-1750 W 39th Pl in Hialeah, the property sits within a bustling shopping center environment. It is just minutes from W Okeechobee Rd and the 826 Palmetto Expressway, providing convenient regional access for logistics and day-to-day operations.

The property is positioned for a variety of business needs, including retail, office, storage, light manufacturing, warehousing, and e-commerce operations. Buyers are encouraged to independently verify square footage, permitted improvements, zoning, and intended use with the City of Hialeah Planning and Zoning Department.

Key Highlights

  • 1,166 SF condo warehouse with flexible layout
  • Sold as‑is
  • Address: 1005‑1750 W 39th Pl, Hialeah, FL

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $20.0k $17.16
− Vacancy −$1.1k −$0.94
EGI $18.9k $16.22
− OpEx −$2.8k −$2.43
NOI $16.1k $13.78
1,166 SF · lease $17.16/SF/yr · vacancy 5.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$229.6K
$200.9K – $267.9K (±1% cap)
NOI $16,072 @ 7.0% cap · market cap 3.57%
Second Best
Industrial
$189.1K
$165.5K – $220.6K (±1% cap)
NOI $13,236 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$458.9K
$401.6K – $535.4K (±1% cap)
NOI $32,126 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Grocery & Convenience Store Hotel & Motel Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,867
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33012, FL

70,260
Population
25,923
Households
2.7
Avg Household Size
48
Median Age
18%
College-Educated
72%
High-School Grad
5.9 sq mi
ZIP Area
11,908
Density / Sq Mi
$45,818
Median Household Income
$32,039
Median Earnings
$1,562
Median Rent
$355,600
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Valido Moving Company — 471 W 31st Pl, Hialeah, FL 33012
  • Yonder Transportations — 1555 w 37th st apt 110, hialeah, fl 33012
  • Westland Commerce Park — 1563 W 38th Pl, Hialeah, FL 33012
  • Extra Space Storage — 2995 Okeechobee Rd, Hialeah, FL 33012, United States
  • US Storage Centers — 3975 W 16th Ave, Hialeah, FL 33012, United States

Frequently Asked Questions

What type of property is this?
Warehouse - 1,166 SF condo warehouse offers a flexible layout and sold as-is, with quick access to major expressways.
Where is this warehouse located?
The property is located at 1005-1750 W 39th Pl Hialeah, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,166 SF condo warehouse with flexible layout; Sold as‑is; Address: 1005‑1750 W 39th Pl, Hialeah, FL
More about this property
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