Free-Standing Warehouse with Loading
For Sale
$539,000
Pending
2228 W 79th St, Hialeah, FL 33016
Free-standing 2002-built warehouse with small office, 1 loading door, and a month-to-month tenant.
Property Size3,040 SF
Lot Size0.13 Acres
Days on Market2653
Property Features for 2228 W 79th St
General Information
Standard status
Pending
Size
3,040 SF
Lot size
0.13 Acres
Property subtype
General Commercial
Additional Details
Highway Access
Yes
Warehouse Space
3,040 SF
Amenities
3
5 Parking Spaces.
Building Details
Year Built
2002
Stories
1
Building Size
3,040 SF
Listing Agency:
EZ 2 Own Homes Realty, LLC
(305) 799-0332
Listed By:
Thomas Hurst
(305) 799-0332
Source:
Xome
Added: May 3, 2019
Changed: Jul 30
Last Checked: Jul 30 at 2:26AM
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 EZ 2 Own Homes Realty, LLC
Investment Insights
Based on property information with market context.
Free-standing 3,040 SF warehouse built in 2002 with small office space. The building is one story with a loft for storage, plus one bathroom. There is one loading door, and 5 parking spaces on site.
The property is located at 2228 W 79th St in Hialeah, Florida, in an industrial warehouse area near major highways I-75 and Highway 826 (Palmetto).
It is currently rented on a month-to-month lease. Please do not disturb tenants, and schedule showings through the listing agents.
The property is located at 2228 W 79th St in Hialeah, Florida, in an industrial warehouse area near major highways I-75 and Highway 826 (Palmetto).
It is currently rented on a month-to-month lease. Please do not disturb tenants, and schedule showings through the listing agents.
Key Highlights
- 3,040 SF free‑standing warehouse with small office space
- Built in 2002
- One story with loft for storage
Financial Insights For Flex RnD
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 | $76.6k | $25.20 |
| − Vacancy | −$6.1k | −$2.02 |
| EGI | $70.5k | $23.18 |
| − OpEx | −$24.7k | −$8.11 |
| NOI | $45.8k | $15.07 |
3,040 SF · lease $25.20/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$654.5K
$572.7K – $763.5K
NOI $45,812 @ 7.0% cap · market cap 8.50%
Second Best
Warehouse
$598.6K
$523.8K – $698.4K
NOI $41,903 @ 7.0% cap · market cap 7.77%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,758 @ 7.0% cap · market cap 15.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,224
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33016, FL
45,714
Population
16,158
Households
2.8
Avg Household Size
43
Median Age
28%
College-Educated
83%
High-School Grad
4.2 sq mi
ZIP Area
10,884
Density / Sq Mi
$56,633
Median Household Income
$33,069
Median Earnings
$1,753
Median Rent
$295,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Free-standing 2002-built warehouse with small office, 1 loading door, and a month-to-month tenant.
Where is this warehouse located?
The property is located at 2228 W 79th St Hialeah, FL.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: 3,040 SF free‑standing warehouse with small office space; Built in 2002; One story with loft for storage
