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Hialeah Warehouse with Income Potential
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1081 E 47th St, Hialeah, FL

4,000 SF East Hialeah warehouse with two existing tenants.

Property Size3,880 SF
Lot Size0.11 Acres
Price / SF$231.96
Days on Market533

Property Features for 1081 E 47th St

General Information

Standard status Active
Size 3,880 SF
Lot size 0.11 Acres
Property subtype RETAIL
Listing Agency: Fausto Commercial Realty
Listed By: Felix Richard Ramirez · License #3396155
Source: Moodyscre
Added: Feb 14, 2025 Changed: Jul 6 Last Checked: Jul 22 at 3:50AM

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 Fausto Commercial Realty

Investment Insights

Based on property information with market context.

This 4,000 square foot East Hialeah warehouse is available for sale, suitable for either an owner-user or investor. The property is located in East Hialeah, a centrally located neighborhood with a concentration of active businesses and logistical access to major South Florida neighborhoods and highways. The site has M1 zoning, which allows for light manufacturing and food processing. There are currently two tenants on the property. One tenant is a body shop in a 3,000 square foot building, generating $3,000 per month on a month-to-month basis with all required licenses. The other tenant is a fully equipped cafe in an 880 square foot building, generating $1,500 per month in rental income. Both tenants pay for water and electric. Rents can be increased, or the property can be vacated for an owner-user. The lot size is 5,000 square feet.

Key Highlights

  • Owner financing available
  • M1 Zoning allows for light manufacturing and food processing
  • Prime East Hialeah location with logistical access to major South Florida highways and neighborhoods

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 $111.7k $28.80
− Vacancy −$7.8k −$2.02
EGI $103.9k $26.78
− OpEx −$26.0k −$6.70
NOI $77.9k $20.09
3,880 SF · lease $28.80/SF/yr · vacancy 7.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.11M
$974.3K – $1.30M (±1% cap)
NOI $77,941 @ 7.0% cap · market cap 8.66%
Second Best
Retail
$963.8K
$843.3K – $1.12M (±1% cap)
NOI $67,465 @ 7.0% cap · market cap 7.50%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M (±1% cap)
NOI $106,902 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

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

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Grocery & Convenience Store Hotel & Motel Carpet & Flooring Store 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.

Location Intelligence

Trade Area within ½ mile

1,131
Businesses Nearby
51k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 67% Shops & Services 32% Home Improvements & Furnishings 1%
Pollo Tropical Dining
16,691 visits/mo 0.3 miles
Checkers Dining
10,446 visits/mo 0.3 miles
Dunkin' Donuts Dining
7,350 visits/mo 0.2 miles
Speedway Shops & Services
5,087 visits/mo 0.2 miles
Advance Auto Parts Shops & Services
4,836 visits/mo 0.1 miles

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 - 4,000 SF East Hialeah warehouse with two existing tenants.
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 $900,000.
What are key features of this property?
This property features: Owner financing available; M1 Zoning allows for light manufacturing and food processing; Prime East Hialeah location with logistical access to major South Florida highways and neighborhoods
(305) 961-1179 Call to check price and availability
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