Warehouse
1750 W 39TH Place #1001, Hialeah, FL 33012
For Sale
New
$450,000
This 1980-built unit offers warehouse space in Hialeah’s industrial area.
Property Size1,141 SF
Price / SF$394.39
Days on Market6
Property Features for 1750 W 39TH Place #1001
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Property Use
Building Details
Year Built
Listing Agency:
Coldwell Banker Realty
(954) 753-2200
Listed By:
Maritza Zorrilla · License FL #3548056
(754) 306-8444
Source:
Lehmannflorida
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 5:30AM
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 Coldwell Banker Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in Hialeah, this 1,141-square-foot warehouse condominium was built in 1980 and contains warehouse space. The property is near the Palmetto Expressway (SR-826) and Okeechobee Road, with access to major transportation routes.
Key Highlights
- 1,141‑square‑foot warehouse condominium
- Built in 1980
- Near the Palmetto Expressway (SR‑826) and Okeechobee Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,727
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,540
$314.5K
Cap Rate 7%
$224,671
$224.7K
Cap Rate 9%
$174,744
$174.7K
Market Conditions
NOI Build-Up for 1,141 SF
Gross rent
$19.6K $17.16/SF
− Vacancy
−$1.1K −$0.94/SF
EGI
$18.5K $16.22/SF
− OpEx
−$2.8K −$2.43/SF
NOI
$15.7K $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%
$314,540
Cap Rate 7%
$224,671
Cap Rate 9%
$174,744
Alternative Uses
Best Use
Warehouse
$224.7K
$196.6K – $262.1K
NOI $15,727 @ 7.0% cap · market cap 3.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$449.1K
$393.0K – $524.0K
NOI $31,437 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,693
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33012, FL
70,260
Population
25,923
Households
2.7
Avg Household Size
48
Median Age
18%
College-Educated
72%
High-School Grad
5.9 sq mi
ZIP Area
11,908
Density / Sq Mi
$45,818
Median Household Income
$32,039
Median Earnings
$1,562
Median Rent
$355,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Hialeah, FL
Properties on Market for Warehouses in Hialeah
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
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- Storage — 8090 NW 77th Ct, Medley, FL 33166
- Your Storage Place — Medley, FL 33166
- Extra Space Storage — 2995 Okeechobee Rd, Hialeah, FL 33012, United States
- Iron Mountain — 8095 NW 84th St, Medley, FL 33166
Frequently Asked Questions
What type of property is this?
Warehouse - This 1980-built unit offers warehouse space in Hialeah’s industrial area.
Where is this warehouse located?
The property is located at 1750 W 39TH Place #1001 Hialeah, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,141‑square‑foot warehouse condominium; Built in 1980; Near the Palmetto Expressway (SR‑826) and Okeechobee Road
