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Corner Industrial Body Shop Property

1081 E 47th St Hialeah, FL 33013

New
1081 E 47th St, Hialeah, FL, 33013
$1,130,000
For Sale
$1,130,000

Zoned M-1 and fully occupied, featuring a body shop and cafeteria with two electric meters and updated electrical.

Property Size4,880 SF
Price / SF$231.56
Days on Market4

Property Features for 1081 E 47th St

General Information

Standard status
Active
Size
4,880 SF
Property subtype
General Commercial

Building Details

Year Built
1955
Listing Agency Lifestyle International Realty
Listed by Cristen Navarro
Source Xome
Added: Jul 15 Checked: Jul 18 at 2:48 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 Lifestyle International Realty


Investment Insights

Based on property information with market context.

This corner industrial property is fully occupied and configured under one folio with a 3,780 SF body shop and a 1,100 SF cafeteria. The asset includes two separate mailing addresses and two electric meters, providing operational flexibility for future ownership or management. The electrical system has been updated, and the property has successfully passed its 40-year recertification.

Located at 1081 E 47th St in Hialeah, the property offers parking that complies with the City of Hialeah 8C-3 requirements. It is zoned for M-1 Industrial use, aligning with industrial and automotive-related business activity.

The current setup provides a clear split between the body shop and cafeteria spaces within a single industrial offering, supported by the property’s two-meter configuration and code-compliant parking.

Key Highlights

  • Fully occupied corner industrial property totaling 4,880 SF under one folio
  • Tenant mix includes a 3,780 SF body shop and a 1,100 SF cafeteria
  • Zoned M‑1 Industrial with updated electrical and successful 40‑year recertification

Local Financial Insights For Specialty Retail

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 $140.5k $28.80
− Vacancy −$9.8k −$2.02
EGI $130.7k $26.78
− OpEx −$32.7k −$6.70
NOI $98.0k $20.09
4,880 SF · lease $28.80/SF/yr · vacancy 7.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.40M
$1.23M – $1.63M (±1% cap)
NOI $98,029 @ 7.0% cap · market cap 8.68%
Second Best
Retail
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,853 @ 7.0% cap · market cap 7.51%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M (±1% cap)
NOI $134,454 @ 7.0% cap · market cap 11.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Perfection Body Shop Auto Repair Shop MY BLUE ANGELS ... Crisis Center

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Gym & Fitness Center Skin Care Clinic Hair Salon (Bike/Boat/Book/etc) Store Accounting Firm HVAC Service

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

Similar Off Market Nearby

  • Complete car care — 3138 NW 92nd St, Miami, FL 33147
  • ITACHI ATR LIFTS,INC — 3800 E 4th Ave, Hialeah, FL 33013
  • Hialeah Mobile Mechanic — 3675 E 11th Ave, Hialeah, FL 33013
  • G.A.R.S Auto Care — E 37th St, Hialeah, FL 33013
  • Emelys Towing — 3835 E 4th Ave, Hialeah, FL 33013

FAQs

What type of property is this?
Auto shop - Zoned M-1 and fully occupied, featuring a body shop and cafeteria with two electric meters and updated electrical.
Where is this auto shop located?
The property is located at 1081 E 47th St Hialeah, FL.
What is the asking price?
The asking price for this property is $1,130,000.
What are key features of this property?
This property features: Fully occupied corner industrial property totaling 4,880 SF under one folio; Tenant mix includes a 3,780 SF body shop and a 1,100 SF cafeteria; Zoned M‑1 Industrial with updated electrical and successful 40‑year recertification
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