2230-2250 Palm Avenue Hialeah, FL 33010
High-traffic location near Hialeah Market Station with development potential.
Property Features for 2230-2250 Palm Avenue
General Information
- Standard status
- Active
- Size
- 3,835 SF
- Property subtype
- Retail - Street Retail
Building Details
- Year Built
- 1953
Listing office The Keyes Company
Listing date May 18, 2026
Source Commercialcafe
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 The Keyes Company
Investment Insights
Based on property information with market context.
Key Highlights
- High‑traffic location on Palm Avenue near Hialeah Market Station
- Strong transit‑oriented development (TOD) potential
- Strategic infill development opportunity
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.5k | $27.00 |
| − Vacancy | −$8.3k | −$2.16 |
| EGI | $95.3k | $24.84 |
| − OpEx | −$28.6k | −$7.45 |
| NOI | $66.7k | $17.39 |
