Functional Warehouse Space Available
3771 NW 51st St 3771-B Hialeah, FL 33142
3771 NW 51st St 3771-B, Hialeah, FL, 33142
$1,000,000
For Sale
$1,000,000
3,127 sq ft warehouse with loading dock in Hialeah.
Property Size3,127 SF
Lot Size0.07 Acres
Price / SF$319.80
Days on Market131
Property Features for 3771 NW 51st St 3771-B
General Information
- Standard status
- Active
- Size
- 3,127 SF
- Lot size
- 0.07 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1949
Listing Agency
One Stop Realty Center
(786) 252-7499
Listed by
Marcos Anton · License #3265885
(786) 252-7499
Source
Elliman
Added: Mar 10 Checked: Jul 17 at 4:06 am
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 One Stop Realty Center
Investment Insights
Based on property information with market context.
This 3,127-square-foot warehouse space offers functionality and flexibility. The property features high ceilings and a convenient loading dock. It is suitable for warehousing, distribution, or light industrial use. The premises are secure. The ceiling height is 16 feet. The zoning code is M-1-INDUSTRIAL DISTRICT. The property is available now.
Key Highlights
- 3,127 sq ft warehouse space ideal for warehousing, distribution, or light industrial use.
- High ceilings (16' height) provide ample vertical storage space.
- Convenient loading dock facilitates efficient loading and unloading.
Local Financial Insights For Warehouse
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 | $53.7k | $17.16 |
| − Vacancy | −$3.0k | −$0.94 |
| EGI | $50.7k | $16.22 |
| − OpEx | −$7.6k | −$2.43 |
| NOI | $43.1k | $13.78 |
3,127 SF · lease $17.16/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$615.7K
$538.8K – $718.4K
NOI $43,102 @ 7.0% cap · market cap 4.31%
Second Best
Industrial
$507.1K
$443.7K – $591.6K
NOI $35,496 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,155 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - 3,127 sq ft warehouse with loading dock in Hialeah.
Where is this warehouse located?
The property is located at 3771 NW 51st St 3771-B Hialeah, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 3,127 sq ft warehouse space ideal for warehousing, distribution, or light industrial use.; **High ceilings (16' height) provide ample vertical storage space.**; **Convenient loading dock facilitates efficient loading and unloading.**
