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2250 W Palm Ave 2,560 SF 100% Leased Office Building Hialeah, FL 33010 $1,185,920 CAD ($463.25 CAD/SF) 3.72% Cap Rate
INVESTMENT HIGHLIGHTS
- Freestanding Warehouse.
- Busy area with convenient access to expressway, airport, and Metrorail Station.
- Front of Hialeah Racetrack Park and Casino.
EXECUTIVE SUMMARY
Freestanding warehouse available that presents a unique opportunity for developing commercial or residential buildings right in front of the Hialeah Racetrack Park and Casino. Hialeah's central location is bustling with activity, surrounded by numerous multifamily buildings. It's a busy area with convenient access to expressways, the airport, the seaport, and just a few blocks away from the Metrorail Station. Plus, the owner is open to discussing the sale of the adjacent property too!
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Building Size
2,560 SF
Building Class
C
Year Built
1953
Price
$1,185,920 CAD
Price Per SF
$463.25 CAD
Cap Rate
3.72%
NOI
$44,067 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,500 SF
Building FAR
0.39
Lot Size
0.15 AC
Zoning
C-2 - COMMERCIAL
Parking
10 Spaces (4 Spaces per 1,000 SF Leased)
AMENITIES
- Fenced Lot
- Storage Space
1 1
Walk Score®
Very Walkable (78)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $5,962,655 CAD | |
| Land Assessment | $0 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,962,655 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025 Payable 2025
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2250 W Palm Ave
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