455 E 10th Ave - Warehouse FOR SALE


Hialeah, FL 33010- Essex Village
$5,250,000 USD
305-200-0348
455 E 10th Ave, Hialeah, FL for Sale
$5,250,000 USD
Warehouse - FOR SALE
1/9
null | Request Cap Rate

NEW


455 E 10th Ave
Hialeah, FL 33010
Essex Village


HIGHLIGHTS

  • Corner Lot
  • 19 Foot Ceilings, 3 Grade Level Doors
  • 3-Phase Power & Built in 1959
  • Durable Goods Merchant Wholesalers, Metal Manufacturing, Trucking & Transportation
  • Storage & Logistics, Contractor, Distribution, Automotive Repair & Maintenance
  • Site plan approved for 50 Apartment Units and up to 8 Stories High

OVERVIEW

Positioned in the heart of Hialeah's industrial corridor, 455 E 10th Ave offers a rare opportunity to acquire a functional, well-maintained industrial asset with excellent connectivity to major transportation routes, Miami International Airport, Port Miami, and surrounding business demand. The ±20,983 SF building sits on a ±34,718 SF (0.79 acre) corner lot with three grade level doors, on site parking, and Light Industrial (7100) zoning. Supports a wide range of operational uses including warehousing, distribution, light manufacturing, and storage. Built in 1959, with 19 foot ceilings, 3 phase power, and 3 grade level doors. The property will be delivered vacant at closing. With a 40 year structural recertification recently completed and strong owner user or value add potential, the property is priced to align with the lower end of active comparable assets per building SF in this rapidly tightening submarket. The site also presents a compelling redevelopment opportunity, with the ability to build up to 50 residential units across up to 8 floors, making this an ideal target for developers and investors looking to capitalize on Hialeah's continued residential growth.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$251 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

UTILITIES

-

CLEAR CEILING HT

19 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.8

LAND SF

34,718

ZONING

M-1, Hialeah

APN/PARCEL ID

04-3117-000-0145

ASK ABOUT THIS PROPERTY

Joseph SuarezTrustpoint Realty, LLC.More Info
305-200-0348

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Joseph SuarezTrustpoint Realty, LLC.More Info
305-200-0348

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.