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Manufacturing Facility with Three Bays
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2360 West 76th Street, Hialeah, FL 33016

Single-story industrial space with flexible bay configuration, truck access, parking, and Industrial Light MFG zoning.

Property Size29,444 SF
Lot Size1.10 Acres
Price / SF$302.27
Days on Market102

Property Features for 2360 West 76th Street

General Information

Standard status Active
Size 29,444 SF
Class B
Total Parking Spaces 25
Lot size 1.10 Acres
Property subtype Industrial
Zoning Industrial Light MFG
Investment Type Owner/User

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1988
Buildings 1
Stories 1
Tenancy Single
Building Size 29,444 SF
Construction concrete block
Listing Agency: Transworld Commercial Real Estate
Listed By: Alan Kaye · License #FL
Source: Crexi
Added: Jul 7 Changed: Oct 11 Last Checked: Oct 14 at 7:48PM

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 Transworld Commercial Real Estate

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Investment Insights

Based on property information with market context.

This single-story manufacturing facility contains approximately 29,444 square feet within a concrete block building completed in 1988. Three contiguous rectangular bays can support one occupant or be leased separately, providing flexibility for manufacturing, warehouse, and distribution operations. The property includes on-site parking and truck access and occupies a 1.10-acre site.

Located in Hialeah’s established Palmetto Industrial Submarket, the facility connects to the Palmetto Expressway (SR-826) and major Miami-Dade logistics corridors. Regional access includes I-75 and the Florida Turnpike, with connectivity to Miami International Airport and Port Miami. The surrounding area includes manufacturing, logistics, and distribution users.

Key Highlights

  • Approximately 29,444 SF single‑story industrial facility
  • Three contiguous rectangular bays that can accommodate one company or separate occupancies
  • 1.10‑acre site with on‑site parking and truck access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$405,849
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,116,980 $8.1M
Cap Rate 7%
$5,797,843 $5.8M
Cap Rate 9%
$4,509,433 $4.5M
Market Conditions
NOI Build-Up for 29,444 SF
Gross rent
$505.3K $17.16/SF
− Vacancy
−$27.8K −$0.94/SF
EGI
$477.5K $16.22/SF
− OpEx
−$71.6K −$2.43/SF
NOI
$405.8K $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%
$8,116,980
Cap Rate 7%
$5,797,843
Cap Rate 9%
$4,509,433

Alternative Uses

Best Use
Warehouse
$5.80M
$5.07M – $6.76M (±1% cap)
NOI $405,849 @ 7.0% cap · market cap 4.56%
Second Best
Industrial
$4.77M
$4.18M – $5.57M (±1% cap)
NOI $334,229 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$11.59M
$10.14M – $13.52M (±1% cap)
NOI $811,241 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

MariaCelesteDesign Marketing & Advertising Beautiful Mailbox Company Factory Escenale Set Designers ... General Contractor

Suggested Use

Top Pick Parking Lot & Garage Bar & Pub Law Firm Grocery & Convenience Store Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,516
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Manufacturing property - Single-story industrial space with flexible bay configuration, truck access, parking, and Industrial Light MFG zoning.
Where is this manufacturing property located?
The property is located at 2360 West 76th Street Hialeah, FL.
What is the asking price?
The asking price for this property is $8,900,000.
What are key features of this property?
This property features: Approximately 29,444 SF single‑story industrial facility; Three contiguous rectangular bays that can accommodate one company or separate occupancies; 1.10‑acre site with on‑site parking and truck access
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