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Hialeah Retail Investment Opportunity
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820 Se 8th St, Hialeah, FL

Retail property with multiple tenants and value-add potential.

Property Size4,346 SF
Lot Size0.26 Acres
Price / SF$364.70
Days on Market538

Property Features for 820 Se 8th St

General Information

Standard status Active
Size 4,346 SF
Lot size 0.26 Acres
Property subtype RETAIL
Listing Agency: Fausto Commercial Realty
Listed By: Yuniel De Varona · License #3504505
Source: Moodyscre
Added: Apr 24, 2025 Changed: Aug 8 Last Checked: Jul 25 at 7:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fausto Commercial Realty

Investment Insights

Based on property information with market context.

This 4,346-square-foot retail property is situated on an 11,316-square-foot lot. Currently rented by multiple tenants, it presents a value-add opportunity for investors. The property is located in Hialeah, Florida, and is zoned C-2, offering flexibility for various retail uses. Rent roll information is available upon request.

Key Highlights

  • 4,346 Sq.Ft building on an 11,316 Sq.Ft lot.
  • Value‑add opportunity for investors.
  • Currently rented by multiple tenants.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$75,568
Cap Rate
4.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,511,360 $1.5M
Cap Rate 7%
$1,079,543 $1.1M
Cap Rate 9%
$839,644 $839.6K
Market Conditions
NOI Build-Up for 4,346 SF
Gross rent
$117.3K $27.00/SF
− Vacancy
−$9.4K −$2.16/SF
EGI
$108.0K $24.84/SF
− OpEx
−$32.4K −$7.45/SF
NOI
$75.6K $17.39/SF
Area
Hialeah, FL
Vacancy
8.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,511,360
Cap Rate 7%
$1,079,543
Cap Rate 9%
$839,644

Alternative Uses

Best Use
Retail
$1.08M
$944.6K – $1.26M (±1% cap)
NOI $75,568 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M (±1% cap)
NOI $119,741 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center Dental Office Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,563
Businesses Nearby
194k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 37% Shops & Services 35% Dining 15% Office Supplies 8%
The Home Depot Home Improvements & Furnishings
72,623 visits/mo 0.4 miles
Chevron Shops & Services
31,684 visits/mo 0.5 miles
Exxon Shops & Services
22,253 visits/mo 0.5 miles
Pollo Tropical Dining
18,815 visits/mo 0.5 miles
Office Depot Office Supplies
15,383 visits/mo 0.4 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail property with multiple tenants and value-add potential.
Where is this retail space located?
The property is located at 820 Se 8th St Hialeah, FL.
What is the asking price?
The asking price for this property is $1,585,000.
What are key features of this property?
This property features: 4,346 Sq.Ft building on an 11,316 Sq.Ft lot.; Value‑add opportunity for investors.; Currently rented by multiple tenants.
(786) 222-1373 Call to check price and availability
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