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573-583 W 27th St

7,931 SF 100% Leased Industrial Building Hialeah, FL 33010 $3,656,640 CAD ($461 CAD/SF) 4.50% Cap Rate

Investment Highlights

  • Near Railroad distribution drop
  • High Traffic Community
  • Major retailers within walking distance such as Walgreen, Subways and Taco Bell
  • Six miles from The Miami International Airport

Executive Summary

EXCELLENT INVESTMENT IN HIALEAH, this warehouse for industrial use, has four units (573, 575, 581, 583) For a total of 8,000 sq/ft. This warehouse is for sale! 2.3 Millions. Built in 1963, It has approved 40-year City inspection. All the inside units are in good condition, ALWAYS RENTED!! BELOW MARKET RENTS. GREAT OPPORTUNITY FOR INVESTORS SEEKING CASH FLOW OR POSSIBLY COMMERCIAL USE.

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $3,656,640 CAD
Price Per SF $461 CAD
Sale Type Investment
Cap Rate 4.50%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class C
Lot Size 0.23 AC
Rentable Building Area 7,931 SF
No. Stories 1
Year Built 1963
Parking Ratio 1.01/1,000 SF

Amenities

  • Air Conditioning
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-3012-015-0106
Land Assessment
$0 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$1,718,761 CAD (2024)

zoning

Zoning Code M-1, Hialeah (Provie land for primarily the manufacture of small articles and products)
M-1, Hialeah (Provie land for primarily the manufacture of small articles and products)
  • Listing ID: 30339727

  • Date on Market: 2023-12-11

  • Last Updated:

  • Address: 573-583 W 27th St, Hialeah, FL 33010

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