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    581 27Th St Hialeah, FL 33010

    Sponsored
    For Sale
    $690,000

    2,000 SF Warehouse, Excellent Condition

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Hialeah industrial property, located at 581 W 27th St, offers a compelling investment opportunity. The 2,000-square-foot warehouse, built in 1963 and fully renovated in 2023, boasts a single-story building on a single unit. Currently under a gross lease agreement with a tenant, the property provides a consistent cash flow with a lease term extending until September 30, 2026 (a remaining term of approximately two years). The asking price is $690,000. The property has undergone significant improvements, including a recently approved 40-year city inspection, updated electrical systems featuring three-phase electric service and over 400 amps capacity for equipment, and new electrical conduits and panels. This fully rented property presents a strong investment opportunity for buyers seeking stable income and potential for future commercial use. The property is situated in Miami-Dade County, Florida, zip code 33010. This is a single-tenant, single-building property with a lease commencement date of October 1, 2023. No tenant credit rating is available.

    Property Features for 581 27Th St

    General Information

    Property type
    Distribution properties
    Square Feet
    2,000 SF

    Building Details

    Year Built/Renovated
    1963/2023
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $690,000 asking price for this industrial property.
    • 2,000 square feet of manufacturing/warehouse space.
    • Located at 581 W 27th St, Hialeah, FL 33010.
    • Gross lease in place with a remaining term of 2 years (expiring 9/30/2026).
    • Single‑tenant occupancy.
    • Built in 1963, renovated in 2023.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2938497
    Latitude
    25.8463622

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    FAQs

    What type of property is this?
    Distribution property - 2,000 SF Warehouse, Excellent Condition
    Where is this distribution property located?
    The property is located at 581 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: $690,000 asking price for this industrial property.; 2,000 square feet of manufacturing/warehouse space.; Located at 581 W 27th St, Hialeah, FL 33010.
    Request Owner's contact information
    581 27Th St Hialeah, FL 33010
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    581 27Th St Hialeah, FL 33010
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