Distribution Center For
For Sale
$9,800,000
290 W 78th Rd, Hialeah, FL 33014
Industrial distribution center offered for sale in Miami-Dade County, suitable for warehouse and logistics operations.
Property Size35,300 SF
Days on Market332
Property Features for 290 W 78th Rd
General Information
Standard status
Active
Size
35,300 SF
Total Parking Spaces
40
Zoning
7100
Taxes and HOA fees
Annual Taxes
$74,844
Amenities
Detached
Building Details
Building Size
35,300 SF
Year Built
1969
Listing Agency:
Industrial Advisors
Listed By:
Tommy Gil · License #3041739
(786) 600-7434
Source:
Evrealestate
Added: Dec 9, 2025
Changed: Oct 25
Last Checked: Nov 4 at 11:11AM
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 Industrial Advisors
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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.
This offering is a distribution center within the industrial warehouse property category, presented for sale in Miami-Dade County. The property is being marketed as industrial/commercial real estate and aligns with uses typically associated with warehousing and distribution activities, subject to applicable rules and approvals.
The property is located at 290 W 78th Rd, in Hialeah, Florida, within Miami-Dade County. Specific details such as building size, configuration, and lot improvements are not provided in the available information.
For buyers seeking an industrial distribution site, this asset may be relevant as a warehouse-oriented platform for storage and distribution needs, depending on the finalized site and facility specifications. Interested parties should review the property’s physical characteristics, including the existing improvements and any site access considerations, to confirm operational fit. As with any industrial acquisition, due diligence on permitted uses, condition, and functional requirements will be important before moving forward.
The property is located at 290 W 78th Rd, in Hialeah, Florida, within Miami-Dade County. Specific details such as building size, configuration, and lot improvements are not provided in the available information.
For buyers seeking an industrial distribution site, this asset may be relevant as a warehouse-oriented platform for storage and distribution needs, depending on the finalized site and facility specifications. Interested parties should review the property’s physical characteristics, including the existing improvements and any site access considerations, to confirm operational fit. As with any industrial acquisition, due diligence on permitted uses, condition, and functional requirements will be important before moving forward.
Key Highlights
- Detached industrial distribution center
- Year built: 1969
- Located in Miami‑Dade County
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$486,567
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,731,340
$9.7M
Cap Rate 7%
$6,950,957
$7.0M
Cap Rate 9%
$5,406,300
$5.4M
Market Conditions
NOI Build-Up for 35,300 SF
Gross rent
$605.7K $17.16/SF
− Vacancy
−$33.3K −$0.94/SF
EGI
$572.4K $16.22/SF
− OpEx
−$85.9K −$2.43/SF
NOI
$486.6K $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%
$9,731,340
Cap Rate 7%
$6,950,957
Cap Rate 9%
$5,406,300
Alternative Uses
Best Use
Warehouse
$6.95M
$6.08M – $8.11M
NOI $486,567 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.89M
$12.16M – $16.21M
NOI $972,586 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 33014, FL
40,261
Population
15,319
Households
2.6
Avg Household Size
43
Median Age
29%
College-Educated
84%
High-School Grad
6.5 sq mi
ZIP Area
6,194
Density / Sq Mi
$74,934
Median Household Income
$40,003
Median Earnings
$1,720
Median Rent
$398,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Public Storage — 6800 W 4th Ave, Hialeah, FL 33014
- Public Storage — 7850 W 4th Ave, Hialeah, FL 33014
- Quantum Storage Systems — 4820 NW 128th St, Opa-locka, FL 33054
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial distribution center offered for sale in Miami-Dade County, suitable for warehouse and logistics operations.
Where is this warehouse located?
The property is located at 290 W 78th Rd Hialeah, FL.
What is the asking price?
The asking price for this property is $9,800,000.
What are key features of this property?
This property features: Detached industrial distribution center; Year built: 1969; Located in Miami‑Dade County
