242 23Rd St, Hialeah, FL 33010

5,872 SF | Industrial Building | Hialeah, FL 33010 | $1,400,000 ($238/SF) | 5.42% Cap Rate

Asking Price $1,400,000

Property Type: Industrial
Price / Square Foot: $238

Listing Contacts

Carmen Siman

Verified Profile

Property Info

Property Overview

The property at 242 W 23 St in Hialeah, FL presents a prime opportunity for Industrial and Manufacturing investors. Zoned 7100 and ideally situated in the Miami area, this property offers a strategic advantage for businesses seeking a versatile and dynamic location. Boasting excellent potential for industrial and light manufacturing purposes, this property provides a solid foundation for expansion and growth. With its convenient access to essential transportation routes and infrastructure, investors can capitalize on the property's strategic positioning within the thriving Miami commercial landscape.

Location Description
Located in Hialeah, FL, the area surrounding the property at 242 W 23 St offers a vibrant backdrop for commercial ventures. Hialeah is known for its dynamic business environment, making it an ideal location for Industrial, Light Manufacturing, Office and Office Building investors. With its proximity to Miami, owners and investors can tap into a diverse talent pool and a robust economy. Nearby points of interest include Amelia Earhart Park, the Leah Arts District, and the Miami-Dade College Hialeah Campus, all contributing to the area's appeal. Close proximity to the train tracks, major highways, including Hialeah expressway 934 and 823.This prime location presents an exciting opportunity for investors seeking to capitalize on the thriving commercial real estate market in the Miami area.

Property Details

Class: C
Year Built: 1940
Stories: 1
Property Subtype: Distribution, Manufacturing, Service
Lot Size (sq. ft): 6,534 SF

Highlights

Zoned 7100 for industrial and light manufacturing purposes
Strategic location in the dynamic Miami area
Versatile property for industrial expansion and growth
Accessible to essential transportation routes and infrastructure
Prime opportunity for industrial and manufacturing investors

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