Hialeah Warehouse Near Transit
For Sale
Contact for pricing
1050 E 24th St, Hialeah, FL
7,800 SF warehouse with heavy power and new roof.
Property Size7,800 SF
Lot Size0.30 Acres
Price / SF$260.26
Days on Market497
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 · License #BK6573776
Source:
Moodyscre
Added: Jun 10, 2025
Changed: Oct 3
Last Checked: Oct 16 at 8:43AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,513
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,150,260
$2.2M
Cap Rate 7%
$1,535,900
$1.5M
Cap Rate 9%
$1,194,589
$1.2M
Market Conditions
NOI Build-Up for 7,800 SF
Gross rent
$133.8K $17.16/SF
− Vacancy
−$7.4K −$0.94/SF
EGI
$126.5K $16.22/SF
− OpEx
−$19.0K −$2.43/SF
NOI
$107.5K $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%
$2,150,260
Cap Rate 7%
$1,535,900
Cap Rate 9%
$1,194,589
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 authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,010
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- CubeSmart Self Storage — 7401 NW 68th St, Miami, FL 33166, United States
- Public Storage — 7996 NW South River Dr, Medley, FL 33166, United States
- Extra Space Storage — 2995 Okeechobee Rd, Hialeah, FL 33012, United States
- Valido Moving Company — 471 W 31st Pl, Hialeah, FL 33012
Frequently Asked Questions
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
