Warehouse Property with Loading
5640 Nw 35 Ct, Hialeah, FL 33142
For Sale
New
Contact for pricing
Two-building warehouse property with dock access and three-phase electrical service.
Property Size31,609 SF
Lot Size1.58 Acres
Price / SF$221.46
Days on Market5
Property Features for 5640 Nw 35 Ct
General Information
Standard status
Size
Lot size
Property subtype
Warehouse & Industrial
Clear Height
Dock-High Doors
Power
Three-Phase Power
Building Details
Buildings
Listing Agency:
SVN - Commercial Realty | Miami
(305) 635-2235
Listed By:
Joel A. Kattan, SIOR · License #674519
(954) 448-8531
Source:
Moodyscre
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 7:03AM
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 SVN - Commercial Realty | Miami
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.
This warehouse property comprises two buildings totaling approximately 31,609 square feet on 1.58 acres. The 5640 N.W. 35th Court building contains approximately 14,600 square feet, while the 5646 building contains approximately 17,009 square feet. Clear height is 14 feet, and the electrical service is three-phase at 2,400 amps.
The property has six dock doors. One is equipped with a concrete ramp and loading platform. The site is connected to sewer.
The property has six dock doors. One is equipped with a concrete ramp and loading platform. The site is connected to sewer.
Key Highlights
- Two warehouse buildings totaling approximately 31,609 square feet on 1.58 acres
- Building areas of approximately 14,600 square feet and 17,009 square feet
- 14' clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$435,691
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,713,820
$8.7M
Cap Rate 7%
$6,224,157
$6.2M
Cap Rate 9%
$4,841,011
$4.8M
Market Conditions
NOI Build-Up for 31,609 SF
Gross rent
$542.4K $17.16/SF
− Vacancy
−$29.8K −$0.94/SF
EGI
$512.6K $16.22/SF
− OpEx
−$76.9K −$2.43/SF
NOI
$435.7K $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%
$8,713,820
Cap Rate 7%
$6,224,157
Cap Rate 9%
$4,841,011
Alternative Uses
Best Use
Warehouse
$6.22M
$5.45M – $7.26M
NOI $435,691 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.44M
$10.89M – $14.51M
NOI $870,891 @ 7.0% cap · market cap 12.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
14 ft
Clear height
6
Dock-high doors
Location Intelligence
Trade Area within ½ mile
1,249
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Hialeah, FL
Properties on Market for Warehouses in Hialeah
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Two-building warehouse property with dock access and three-phase electrical service.
Where is this warehouse located?
The property is located at 5640 Nw 35 Ct Hialeah, FL.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Two warehouse buildings totaling approximately 31,609 square feet on 1.58 acres; Building areas of approximately 14,600 square feet and 17,009 square feet; 14' clear height
