Hialeah Warehouse Investment
581 W 27th St Hialeah, FL 33010
581 W 27th St, Hialeah, FL, 33010
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For Sale
Contact for pricing
2,000 sq ft warehouse in Hialeah, fully rented until 2026.
Property Size2,000 SF
Price / SF$345
Days on Market719
Property Features for 581 W 27th St
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1963
Listing Agency
Borluv, Inc.
(786) 586-2492
Listed by
Alexander Boria · License #3272755
Source
Crexi
Added: Jul 30, 2024 Checked: Jul 16 at 6:00 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 Borluv, Inc.
Investment Insights
Based on property information with market context.
This 2,000 sq ft warehouse, constructed in 1963, is located in Hialeah and designated for industrial use. The property is fully rented until 2026, presenting a cash flow opportunity for investors. It features 3-phase electric power, electrical conduits and panels, and amperage exceeding 400 amps suitable for equipment. The property has an approved 40-year city inspection and is described as being in excellent condition. This property is suitable for investors seeking cash flow or potential commercial use.
Key Highlights
- Fully rented until 2026, providing immediate cash flow
- Excellent condition with recent upgrades including new electrical conduits and panels
- Approved 40‑year City inspection
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 | $34.3k | $17.16 |
| − Vacancy | −$1.9k | −$0.94 |
| EGI | $32.4k | $16.22 |
| − OpEx | −$4.9k | −$2.43 |
| NOI | $27.6k | $13.78 |
2,000 SF · lease $17.16/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$393.8K
$344.6K – $459.5K
NOI $27,568 @ 7.0% cap · market cap 4.00%
Second Best
Industrial
$324.3K
$283.8K – $378.4K
NOI $22,703 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$787.2K
$688.8K – $918.4K
NOI $55,104 @ 7.0% cap · market cap 7.99%
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 - 2,000 sq ft warehouse in Hialeah, fully rented until 2026.
Where is this warehouse located?
The property is located at 581 W 27th St Hialeah, FL.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Fully rented until 2026, providing immediate cash flow; Excellent condition with recent upgrades including new electrical conduits and panels; Approved 40‑year City inspection
