Hialeah Warehouse Near Transit
1050 E 24th St Hialeah, FL
1050 E 24th St, Hialeah, FL, 00000
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For Sale
Contact for pricing
7,800 SF warehouse with heavy power and new roof.
Property Size7,800 SF
Lot Size0.30 Acres
Price / SF$260.26
Days on Market404
Property Features for 1050 E 24th St
General Information
- Standard status
- Active
- Size
- 7,800 SF
- Lot size
- 0.30 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
Casal Group
(305) 591-3606
Listed by
Ernesto Casal
Source
Moodyscre
Added: Jun 10, 2025 Checked: Jul 17 at 5:42 am
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 Casal Group
Investment Insights
Based on property information with market context.
This 7,800 square foot warehouse is located in Hialeah, Florida. The property benefits from M-1 zoning and features heavy 3-phase power. A new roof was installed in 2023. The property is located 0.2 miles from the Metrorail & Tri Rail Station.
Key Highlights
- Just 0.2 Miles to Metrorail & Tri Rail Station
- Zoning: M‑1 Hialeah
- Heavy 3‑Phase Power available
Local 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 | $133.8k | $17.16 |
| − Vacancy | −$7.4k | −$0.94 |
| EGI | $126.5k | $16.22 |
| − OpEx | −$19.0k | −$2.43 |
| NOI | $107.5k | $13.78 |
7,800 SF · lease $17.16/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.54M
$1.34M – $1.79M
NOI $107,513 @ 7.0% cap · market cap 5.30%
Second Best
Industrial
$1.26M
$1.11M – $1.48M
NOI $88,540 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$3.07M
$2.69M – $3.58M
NOI $214,906 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - 7,800 SF warehouse with heavy power and new roof.
Where is this warehouse located?
The property is located at 1050 E 24th St Hialeah, FL.
What is the asking price?
The asking price for this property is $2,030,000.
What are key features of this property?
This property features: Just 0.2 Miles to Metrorail & Tri Rail Station; Zoning: M‑1 Hialeah; Heavy 3‑Phase Power available