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Warehouse with Small Office
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1020 E 17th Street #1020, Hialeah, FL 33010

Warehouse offering a small office, open bay area, and a restroom with shower.

Property Size23,750 SF
Price / SF$0.19
Days on Market113

Property Features for 1020 E 17th Street #1020

General Information

Standard status Active
Size 23,750 SF
Property subtype Industrial

Amenities

restroom
shower

Building Details

Year Built 1955
Listing Agency: Sharpe Properties
Listed By: Brian Sharpe · License #3056610
Source: Lehmannflorida
Added: Jul 1 Changed: Oct 21 Last Checked: Oct 20 at 9:14PM

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 Sharpe Properties

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This warehouse includes a small office plus an open bay area designed for flexible use. The unit is also improved with a restroom and shower to support day-to-day operations.

The property is offered for sale at 1020 E 17th Street Unit 1020 in Hialeah, Florida 33010.

Key Highlights

  • Warehouse building built in 1955
  • Includes a small office area
  • Open bay area for warehouse space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$327,365
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,547,300 $6.5M
Cap Rate 7%
$4,676,643 $4.7M
Cap Rate 9%
$3,637,389 $3.6M
Market Conditions
NOI Build-Up for 23,750 SF
Gross rent
$407.6K $17.16/SF
− Vacancy
−$22.4K −$0.94/SF
EGI
$385.1K $16.22/SF
− OpEx
−$57.8K −$2.43/SF
NOI
$327.4K $13.78/SF
Area
Hialeah, FL
Vacancy
5.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,547,300
Cap Rate 7%
$4,676,643
Cap Rate 9%
$3,637,389

Alternative Uses

Best Use
Warehouse
$4.68M
$4.09M – $5.46M (±1% cap)
NOI $327,365 @ 7.0% cap · market cap 7,448.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.35M
$8.18M – $10.91M (±1% cap)
NOI $654,360 @ 7.0% cap · market cap 14,888.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Acupuncture Skin Care Clinic Butcher

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

Location Intelligence

Trade Area within ½ mile

2,049
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33010, FL

43,902
Population
16,456
Households
2.7
Avg Household Size
48
Median Age
20%
College-Educated
71%
High-School Grad
4.3 sq mi
ZIP Area
10,210
Density / Sq Mi
$45,449
Median Household Income
$30,466
Median Earnings
$1,318
Median Rent
$346,500
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

Similar Off Market Nearby

  • CarSafe Storage — 595 E 10th Ave, Hialeah, FL 33010
  • Amerikooler Inc — 575 E 10th Ave, Hialeah, FL 33010
  • Santos Mudanza — 3130 NW 58th St, Miami, FL 33142
  • Self Storage — 960 e 8th ave, hialeah, fl 33010
  • MB Development LLC, Warehouse — 3443 NW 65th St, Miami, FL 33147

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse offering a small office, open bay area, and a restroom with shower.
Where is this warehouse located?
The property is located at 1020 E 17th Street #1020 Hialeah, FL.
What are key features of this property?
This property features: Warehouse building built in 1955; Includes a small office area; Open bay area for warehouse space
More about this property
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