Warehouse Space with
For Sale
Contact for pricing
4850 E 11th Ave # 2 Unit #2, Hialeah, FL 33013
Open warehouse space includes three-phase electrical service and a small office area.
Property Size4,500 SF
Price / SF$0.67
Days on Market34
Property Features for 4850 E 11th Ave # 2 Unit #2
General Information
Standard status
Active
Size
4,500 SF
Property subtype
Industrial
Additional Details
Three-Phase Power
Yes
Property Use
Warehouse
Taxes and HOA fees
Annual Taxes
$10,297
Building Details
Building Size
4,500 SF
Year Built
1957
Listing Agency:
Emporio Real Estate
Listed By:
Ari Banegas · License #3242158
(305) 989-9794
Source:
Emporiore
Added: Sep 25
Changed: Oct 27
Last Checked: Oct 27 at 3:18AM
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 Emporio Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The warehouse property contains 4,500 square feet across two 2,250-square-foot spaces, each offered separately. The open interior includes a small office, and the building dates to 1957. Three-phase electricity is available for storage or light manufacturing. Automobile dealers and body shops are excluded uses.
Key Highlights
- Two warehouse spaces of 2,250 square feet each, offered individually
- 4,500‑square‑foot property
- Three‑phase electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,027
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,240,540
$1.2M
Cap Rate 7%
$886,100
$886.1K
Cap Rate 9%
$689,189
$689.2K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$77.2K $17.16/SF
− Vacancy
−$4.2K −$0.94/SF
EGI
$73.0K $16.22/SF
− OpEx
−$10.9K −$2.43/SF
NOI
$62.0K $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%
$1,240,540
Cap Rate 7%
$886,100
Cap Rate 9%
$689,189
Alternative Uses
Best Use
Warehouse
$886.1K
$775.3K – $1.03M
NOI $62,027 @ 7.0% cap · market cap 2,067.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.77M
$1.55M – $2.07M
NOI $123,984 @ 7.0% cap · market cap 4,132.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,686
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33013, FL
31,068
Population
9,544
Households
3.3
Avg Household Size
48
Median Age
18%
College-Educated
72%
High-School Grad
3.8 sq mi
ZIP Area
8,176
Density / Sq Mi
$57,242
Median Household Income
$32,566
Median Earnings
$1,488
Median Rent
$407,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Bounce Luggage Storage (Reserve Online) — 132 Hialeah Dr, Hialeah, FL 33010
- Hialeah Multi-Bay Warehouse Park — SE 10th Ave, Hialeah, FL 33010
- Prime Storage — 1000 Hialeah Dr, Hialeah, FL 33010
- Self Storage Near 33142, FL — 3621 NW 54th St, Miami, FL 33142
- Self Storage — 3621 nw 54th st, miami, fl 33142
Frequently Asked Questions
What type of property is this?
Warehouse - Open warehouse space includes three-phase electrical service and a small office area.
Where is this warehouse located?
The property is located at 4850 E 11th Ave # 2 Unit #2 Hialeah, FL.
What are key features of this property?
This property features: Two warehouse spaces of 2,250 square feet each, offered individually; 4,500‑square‑foot property; Three‑phase electrical service
