Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1031 E 52nd St Hialeah, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    9,000 SF lot with remodeled office space, ideal for automotive.

    Type:INDUSTRIAL
    Property size:
    2,341 SF
    Lot size:
    0.26 Acres
    Added:
    Jul 29, 2024
    Days on Market:
    641
    Last Refresh:
    Apr 5 at 10:48 pm

    Property Features for 1031 E 52nd St

    General Information

    Standard status
    Active
    Size
    2,341 SF
    Lot size
    0.26 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 1031 E 52nd St Contact us

    We can help!

    Listing Contact
    Yuniel De Varona

    Listing agent Yuniel De Varona

    Listing office Fausto Commercial Realty

    Listing date Jul 29, 2024

    Source Moodyscre

    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 Fausto Commercial Realty

    Overview

    Hialeah Automotive Ground Lease Opportunity

    Located in Hialeah, the property at 1031 E 52 ST offers a ground lease opportunity. The site features a 9,000 square foot lot with remodeled office spaces. The property is zoned for industrial use and is suited for automotive purposes, such as dealerships, detailing services, or specialty stores. The functional layout accommodates a range of usages, including parking and storage. The property also features a large outdoor area and proximity to highways.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Excellent Services Group Roofing Company Belloliz Auto Service ... Car Dealership

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • U-Haul Neighborhood Dealer — 875 E 49th St, Hialeah, FL 33013
    • Renta de carros miami — 5099 E 10th Ave, Hialeah, FL 33013
    • RENT AND GO CARS, LLC — 865 E 49th St, Hialeah, FL 33013
    • Enterprise Rent-A-Car — 940 E 49th St, Hialeah, FL 33013
    • Adventure Group Rent a Car of Fl Inc — 4854 E 9th Ct, Hialeah, FL 33013

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2617
    Latitude
    25.8704

    Nearby Similar for Lease

    • $5,500/Mo

      Hialeah Medical/Professional Office Space

      Corner unit in Hialeah, ideal for medical or professional practice.
      4445 W 16th Ave, Hialeah, FL 33012
      View Details
    • $3,500/Mo

      Hialeah Retail Space For Rent

      850 SF retail space in high-traffic East Hialeah corridor.
      1352 E 4th Ave, Hialeah, FL 33010
      View Details
    • $3,200/Mo

      Retail Space in Busy Hialeah

      500 SF retail space in high-traffic Hialeah location.
      1352 E 4th Ave, Hialeah, FL 33010
      View Details
    • $2,250/Mo

      Hialeah Retail Space Available

      Versatile commercial space in East Hialeah, ideal for various businesses.
      330 W 9th St, Hialeah, FL 33010
      View Details
    • $12,900/Mo

      Hialeah Industrial Warehouse/Showroom/Office Space

      Remodeled mixed-use building in Hialeah, near Amelia District.
      7550 W 2nd Ct, Hialeah, FL 33014
      View Details
    • $4,750/Mo

      Hialeah Mixed-Use Office/Warehouse Space

      2,408 SF Hialeah property with office and warehouse space.
      6073 NW 167th St, Hialeah, FL 33015
      View Details
    • $2,600/Mo

      Hialeah Warehouse and Flex Space

      Adaptable warehouse and flex office space in Hialeah Gardens.
      2954 W 84th St, Hialeah, FL 33018
      View Details
    • $3,500/Mo

      Hialeah Retail Space For Rent

      750 SF retail space in high-traffic Hialeah corridor.
      1352 E 4th Ave, Hialeah, FL 33010
      View Details
    • $3,750/Mo

      Hialeah Office Space Available

      1,350 SF office space suitable for various professional uses.
      960 W 84th St, Hialeah, FL 33014
      View Details
    • $1,250/Mo

      Hialeah Office Suite For Rent

      Professional office suite in Hialeah, ready for immediate occupancy.
      2100 W 76th St, Hialeah, FL 33016
      View Details
    • $3,500/Mo

      Hialeah Office/Warehouse Condominium For Rent

      Air-conditioned office/warehouse in gated complex, available March 1, 2026.
      6175 NW 167th St, Hialeah, FL 33015
      View Details
    • $32 SF/Yr

      Hialeah Office Space For Rent

      1,491 sq ft office space in Hialeah, Florida.
      4201 Palm Ave, Hialeah, FL 33012
      View Details

    FAQs

    What type of property is this?
    Automotive property - 9,000 SF lot with remodeled office space, ideal for automotive.
    Where is this automotive property located?
    The property is located at 1031 E 52nd St Hialeah, FL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Ideal for automotive businesses like dealerships and detailing shops.; Zoned for industrial use.; 9,000 sq ft lot with remodeled office spaces.
    (305) 961-1179 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Yuniel De Varona
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!