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Hialeah Industrial Warehouse Redevelopment Opportunity
For Sale
$4,500,000

1040 E 26th St, Hialeah, FL 33013

Industrial warehouse in redeveloping Hialeah, ideal for investors.

Property SizeContact for details
Days on Market1660

Property Features for 1040 E 26th St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $15,161
Listing Agency: One Sotheby's International Realty
Listed By: Daniel Antonio Vera · License #3270365
Source: Exprealty
Added: Jan 26, 2022 Changed: Aug 8 Last Checked: Aug 12 at 12:28PM

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 One Sotheby's International Realty

Investment Insights

Based on property information with market context.

This industrial warehouse is located in the City of Hialeah. The property, owner-occupied by a marine boating company for over 30 years, can be divided into bays for future rental income. It is conveniently located near a Tri-Rail station and adjacent to several upcoming major developments. These include MG Developer's Metro Parc Hialeah, a planned three-tower, 10-story multi-family residential mixed-use apartment project with over 1,600 rental units; Strategic Properties & Continua Developments' Midtown Park, an upcoming 8-story residential apartment project with over 612 rental units; and The Bec Group's 1025 Metro & 1067 Motion, a future 10-story residential mixed-use apartment project with over 283 units. This property is suitable for an investor seeking to establish a position in a redeveloping area.

Key Highlights

  • Potential for future rental income by dividing into bays.
  • Located near the Tri Rail station.
  • Positioned next to multiple major residential development projects.

Property Analytics

Current Use

B & R Marine (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Gym & Fitness Center Parking Lot & Garage Acupuncture

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

1,409
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33013, FL

31,068
Population
9,544
Households
3.3
Avg Household Size
48
Median Age
18%
College-Educated
72%
High-School Grad
3.8 sq mi
ZIP Area
8,176
Density / Sq Mi
$57,242
Median Household Income
$32,566
Median Earnings
$1,488
Median Rent
$407,400
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
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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse in redeveloping Hialeah, ideal for investors.
Where is this warehouse located?
The property is located at 1040 E 26th St Hialeah, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Potential for future rental income by dividing into bays.; Located near the Tri Rail station.; Positioned next to multiple major residential development projects.
More about this property
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