Corner Industrial Body Shop
For Sale
$1,130,000
Pending
1081 E 47th St, Hialeah, FL 33013
Zoned M-1 and fully occupied, featuring a body shop and cafeteria with two electric meters and updated electrical.
Property Size4,880 SF
Days on Market93
Property Features for 1081 E 47th St
General Information
Standard status
Pending
Size
4,880 SF
Property subtype
Industrial
Zoning
M-1
Occupancy
100%
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Building Size
4,880 SF
Year Built
1955
Listing Agency:
Lifestyle International Realty
Listed By:
Cristen Navarro · License #3397470
(786) 369-5518
Source:
Miamibrokersgroup
Added: Jul 17
Changed: Oct 17
Last Checked: Oct 16 at 4:03PM
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
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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.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,853
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,697,060
$1.7M
Cap Rate 7%
$1,212,186
$1.2M
Cap Rate 9%
$942,811
$942.8K
Market Conditions
NOI Build-Up for 4,880 SF
Gross rent
$131.8K $27.00/SF
− Vacancy
−$10.5K −$2.16/SF
EGI
$121.2K $24.84/SF
− OpEx
−$36.4K −$7.45/SF
NOI
$84.9K $17.39/SF
Area
Hialeah, FL
Vacancy
8.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,697,060
Cap Rate 7%
$1,212,186
Cap Rate 9%
$942,811
Alternative Uses
Best Use
Retail
$1.21M
$1.06M – $1.41M
NOI $84,853 @ 7.0% cap · market cap 7.51%
Second Best
Industrial
$791.4K
$692.4K – $923.3K
NOI $55,395 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,454 @ 7.0% cap · market cap 11.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,840
Businesses Nearby
352k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 34%
Groceries 7%
Leisure 4%
McDonald's
Dining
30,040 visits/mo
0.2 miles
El Palacio De Los Jugos
Dining
26,743 visits/mo
0.3 miles
Sedano's
Groceries
23,711 visits/mo
0.1 miles
Olive Garden
Dining
20,826 visits/mo
0.4 miles
Mobil
Shops & Services
17,908 visits/mo
0.3 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Collision Miami Body Shop — 3655 W 16th Ave Suite 30, Hialeah, FL 33012
- Andy's Mechanic Shop — 3655 w 16th ave, hialeah, fl 33012
- Jacob Bodyshop — 3665 W 16th Ave Unit 25, Hialeah, FL 33012
- Fullcolorstore Corp. — 1651 W 37th St Bay 310, Hialeah, FL 33012
- All Tires — Hialeah, FL 33012
Frequently Asked Questions
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
