695 17th St Hialeah, FL 33010-2414
This exceptional ±13,720 square foot free-standing warehouse presents a compelling investment opportunity in the thriving Hialeah, Florida market. Situated on a spacious ±20,000 square foot lot, this property boasts a prime location, offering easy access to major transportation arteries including Miami International Airport, Port Miami, the Palmetto Expressway (826), I-75, I-95, and the Florida Turnpike. Built in 1963, the warehouse is undergoing significant renovations, including a new roof and a completed 40-year re-certification, ensuring long-term value and functionality. The building features a desirable 16-foot clear height, a well-designed interior layout providing flexibility for various uses, substantial power capacity, convenient street-level loading, and ample parking. Currently leased to a long-term tenant, the property offers an attractive option for owner-occupancy upon lease expiration in January 2025, or for investors seeking strong returns with potential for increased rental income. The property's central location in Hialeah, combined with its substantial size and upcoming improvements, makes it an ideal asset for both end-users and investors seeking a high-return industrial property in a strategic location. The asking price for this exceptional warehouse is $3,295,000.
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, FLHialeah. Always verify with local authorities before improvements.
Costs & 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.