1040 26Th StHialeah, FL 33013

  • Industrial properties
  • 12,000 SF
For Sale
$4,999,999 View listing

Property Details for 1040 26Th St

Year built
1952
Construction
CONCRETE
Lot size
0.42 AC
Property size (Sq ft)
12,000 SF
Zone code
7100:INDUSTRIAL,LIGHT MFG
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
04-3108-002-1390
APU
431080021390

Description

This 12,000-square-foot warehouse, built in 1952, is located at 1040 E 26th Street in Hialeah, Florida, 33013, within Miami-Dade County. Currently owner-occupied by a marine boating company for over three decades, this industrial property presents a unique investment opportunity. The warehouse is easily divisible into bays, offering potential for future rental income generation. Its strategic location offers significant advantages. The property enjoys proximity to the Tri Rail station, providing convenient access to public transportation. Furthermore, it benefits from its adjacency to several large-scale, ongoing developments. These include the Metro Parc Hialeah project (over 1,600 luxury rental units), Midtown Park (over 612 luxury rental units), and the 1025 Metro & 1067 Motion project (over 283 luxury units). These substantial developments are transforming the surrounding area, creating a highly desirable and appreciating location. This makes this warehouse an ideal investment for those seeking to capitalize on the revitalization of Hialeah. The asking price for this exceptional property is $4,999,999.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,894,322
    Hospitality
    $3,567,178
    Educational
    $2,967,850
    Medical
    $3,069,919
    Retail
    $4,616,656
1040 26Th St, Hialeah, Florida

Location Insight

City
Hialeah
County
Miami-dade
State
Florida
Latitude
25.8461
Longitude
-80.2616
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,055
$1,356,675
$221,325
$1,578,000
-
$1,356,675
$221,325
$1,578,000

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