1051 24th St Hialeah, FL 33013-4323
- Manufacturing properties
- 16,200 SF
- 0.47 lot acres
Current Use by Public Records
- RCS Woodcrafters LLC / General Contractor / Renovation Specialist
Property Details for 1051 24th St
- Year built
- 1963
- Construction
- CONCRETE
- Lot size
- 0.47 lot acres
- Property size
- 16,200 SF
- Zone code
- 7100:INDUSTRIAL,LIGHT MFG
- Property type
- Manufacturing properties
- APN
- 04-3108-002-2481
- APU
- 431080022481
Description
This 17,200-square-foot warehouse in Hialeah, Florida, presents a compelling redevelopment opportunity. Built in 1963 and renovated in 2020, this Class B industrial property sits on a 0.47-acre lot and features 17-foot clear ceiling heights, two loading docks with four dock-high doors, and 16 parking spaces. The building boasts 1,000 square feet of dedicated first-floor office space and an additional 1,000 square feet of second-floor office or storage space. A 700-square-foot area is grandfathered for use as a paint booth. The property includes a three-phase power supply (600+ amps) and six+ restrooms. A single raceway on the west side provides additional storage. Currently vacant, except for the seller's occupancy of half the building (approximately 8,100 SF), this property offers significant potential. Located one block from the MetroMover, Tri-Rail, and Amtrak station, it benefits from its proximity to transit and is situated in a rapidly growing mixed-use market with several proposed and under-construction developments adding 1,200 units between 2025 and 2026. The zoning allows for Transit-Oriented Developments (TOD), presenting further development possibilities. The asking price is $4,300,000 ($265/SF), with a land value of $208/SF. The property is zoned 7100 and has a gross lease type. The seller is seeking a corporate guarantee.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,899,000
Market price range: $821k - $3.40M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $2,130,000 Current use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hialeah
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2608
- Latitude
- 25.8448
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA