2551 3rd Ave Hialeah, FL 33010-1401
This exceptional investment opportunity presents a fully equipped, second-generation food production facility ideally situated at 2551 W 3rd Ave, Hialeah, Florida, 33010. The property, a two-story industrial condo, encompasses 2,460 square feet of net rentable space, offering a blend of refrigerated/cold storage and warehouse functionality. Built in 1984, this meticulously designed commercial kitchen boasts numerous walk-in coolers, ample storage space, and multiple delivery access points. Convenience is maximized with one loading dock for efficient truck access and a private entrance. The property includes a grease trap and range hood, essential for food production operations. The asking price is $1,250,000, translating to $508.13 per square foot and $625,000 per unit. The property features four parking spaces and is offered as a 100% ownership opportunity with an occupancy date of May 1, 2024. Located in the heart of Hialeah, this property benefits from its position within a dynamic and growing area. This turnkey facility is perfect for an owner-user or investor seeking a high-return investment in a thriving commercial market. The property consists of two units. This is a single-tenancy property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Hialeah, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.