Building Details

Building Size 3,706 SF

Year Built 1956

Listing Agency: King Industrial Realty Inc.

Listed By: L. Brian King · License #3028902 Show Phone

Source: Relinkre

Added: Oct 8 Changed: Oct 10 Last Checked: Oct 11 at 1:52PM

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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 King Industrial Realty Inc.

Investment Insights

Based on property information with market context.

This warehouse has a 3,706-square-foot footprint on a 5,172-square-foot lot. Interior features include a 14-foot ceiling and one street-level loading door. The property is zoned M-1 Industrial.

The building is at 1148 E 26th Street in Hialeah, Florida, on a dead-end street. Parking is available at the property.

Key Highlights

• 3,706‑square‑foot warehouse footprint on a 5,172‑square‑foot lot
• 14‑foot ceiling height
• One street‑level loading door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$51,083

Cap Rate

5.11%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,021,660 $1.0M

Cap Rate 7%

$729,757 $729.8K

Cap Rate 9%

$567,589 $567.6K

Market Conditions

NOI Build-Up for 3,706 SF

Gross rent

$63.6K $17.16/SF

− Vacancy

−$3.5K −$0.94/SF

EGI

$60.1K $16.22/SF

− OpEx

−$9.0K −$2.43/SF

NOI

$51.1K $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%

$1,021,660

Cap Rate 7%

$729,757

Cap Rate 9%

$567,589

Alternative Uses

Best Use

Warehouse

$729.8K

$638.5K – $851.4K (±1% cap)

NOI $51,083 @ 7.0% cap · market cap 5.11%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.46M

$1.28M – $1.70M (±1% cap)

NOI $102,108 @ 7.0% cap · market cap 10.21%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14 ft

Clear height

1

Drive-in doors

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

1,926

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 33147, FL

48,823

Population

16,220

Households

3

Avg Household Size

39

Median Age

15%

College-Educated

77%

High-School Grad

7.2 sq mi

ZIP Area

6,781

Density / Sq Mi

$47,728

Median Household Income

$33,385

Median Earnings

$1,359

Median Rent

$301,300

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Warehouse - M-1-zoned warehouse with street-level loading and parking on a dead-end street.

Where is this warehouse located?

The property is located at 1148 E 26th St Hialeah, FL.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: 3,706‑square‑foot warehouse footprint on a 5,172‑square‑foot lot; 14‑foot ceiling height; One street‑level loading door