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    Light Industrial Distribution Warehouse Title is generated by Realmo AI

    455 E 10th Ave, Hialeah, FL 33010

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    Vacant industrial facility with 19-foot clear height, grade-level loading, and M-1 zoning for light manufacturing and distribution use.

    Type:Industrial
    Property size:
    20,983 SF
    Lot size:
    3.00 Acres
    Price / SF:
    $0.00/SF
    Added:
    Jun 4, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 6 at 4:52 am

    Property Features for 455 E 10th Ave

    General Information

    Standard status
    Active
    Size
    20,983 SF
    Lot size
    3.00 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    1959

    We can help!

    Listing Contact
    Joseph Suarez

    Listing agent Joseph Suarez License #3366522

    Listing office Trustpoint realty llc

    Listing date Jun 4, 2026

    Source Elliman

    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 Trustpoint realty llc

    HighLights

    • 20,983 SF industrial building on a 34,718 SF corner lot, available for lease and delivered vacant
    • 19‑foot clear ceiling height and three grade‑level doors for warehousing, distribution, and light industrial use
    • 3‑phase power and on‑site parking
    • Recently completed 40‑year structural recertification
    • M‑1 light industrial zoning with broad approved uses including warehousing, distribution, light manufacturing/assembly, contractor operations, printing, fabrication, packaging, and cold storage
    • Direct access to SR‑112, I‑95, SR‑826, and the Palmetto Expressway; minutes to Miami International Airport and Port Miami

    Overview

    The property is a vacant industrial building totaling 20,983 SF, set on a 34,718 SF corner lot. The warehouse offers 19-foot clear ceilings, three grade-level loading doors, and 3-phase power. An important capital item has been recently completed with a 40-year structural recertification.

    The site is positioned within Hialeah’s industrial corridor and provides direct access to SR-112, I-95, SR-826, and the Palmetto Expressway. It is also described as being minutes from Miami International Airport and Port Miami, supporting logistics-oriented operations.

    Zoned M-1 Light Industrial, the building is presented as suitable for a wide range of approved uses, including general warehousing and distribution, light manufacturing and assembly, contractor operations such as electrical, plumbing, HVAC and roofing, wholesale trade, automotive repair and service, printing and fabrication, packaging, building supply, freight and logistics, cold storage, equipment rental, and import/export operations. The combination of clear height, loading access, and the broad M-1 use set is designed to support many tenant and operator profiles.
    Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Almacen de Fellin — 3495 NW 53rd St, Miami, FL 33142
    • Self Storage — 3621 nw 54th st, miami, fl 33142
    • Self Storage Near 33142, FL — 3621 NW 54th St, Miami, FL 33142
    • Hialeah Multi-Bay Warehouse Park — SE 10th Ave, Hialeah, FL 33010
    • Prime Storage — 1000 Hialeah Dr, Hialeah, FL 33010

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.260967
    Latitude
    25.826768

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    FAQs

    What type of property is this?
    Warehouse - Vacant industrial facility with 19-foot clear height, grade-level loading, and M-1 zoning for light manufacturing and distribution use.
    Where is this warehouse located?
    The property is located at 455 E 10th Ave Hialeah, FL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: 20,983 SF industrial building on a 34,718 SF corner lot, available for lease and delivered vacant; 19‑foot clear ceiling height and three grade‑level doors for warehousing, distribution, and light industrial use; 3‑phase power and on‑site parking
    (305) 200-0348
    We can help!
    Listing Contact
    Joseph Suarez
    Real Estate License ID: 3366522
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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