Shopping Center Retail
For Sale
Contact for pricing
1550 WEST 84 ST, Hialeah, FL 33014
Retail space in a high-traffic shopping center with ample parking and convenient access.
Property Size3,200 SF
Price / SF$6.41
Days on Market52
Property Features for 1550 WEST 84 ST
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Special Purpose
Amenities
Square Feet: 3200
Parcel Number: 04-20-26-001-0112, Tax Legal Description: 26 52 40 5 58 AC SUB OF PB 2-68- PT TRS 13-14 15 DESC BEG 35 FTE & 259 85 FTS OF NW COR OF NE1/4 5415 15 FT E 625FT W162F
Business Type: Shopping Center, Special Listing Conditions: Lease, Standard Status: Active
Building Area Total: 3200
County Or Parish: Miami-Dade County
Leasable Area Units: Square Feet, Leasable Area: 3200
Listing Agency:
Trust Financial Serv. Grp. II
(305) 426-2624
Listed By:
Ana Donado · License #A12081018
(786) 290-3291
Source:
Riserealty
Added: Aug 31
Changed: Oct 19
Last Checked: Oct 19 at 10:45AM
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 Trust Financial Serv. Grp. II
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Retail space is available within a shopping center serving a high-traffic commercial area of Hialeah. The property offers strong street-facing exposure, ample parking, and convenient access for visitors and customers.
The space is scheduled to become available January 1, 2027. Its retail setting and established commercial surroundings support consideration for restaurant, banking, and other customer-facing uses identified for the property.
The space is scheduled to become available January 1, 2027. Its retail setting and established commercial surroundings support consideration for restaurant, banking, and other customer-facing uses identified for the property.
Key Highlights
- Retail space within a high‑traffic shopping center
- Ample on‑site parking
- Convenient access for customers and visitors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,642
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,112,840
$1.1M
Cap Rate 7%
$794,886
$794.9K
Cap Rate 9%
$618,244
$618.2K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$86.4K $27.00/SF
− Vacancy
−$6.9K −$2.16/SF
EGI
$79.5K $24.84/SF
− OpEx
−$23.8K −$7.45/SF
NOI
$55.6K $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%
$1,112,840
Cap Rate 7%
$794,886
Cap Rate 9%
$618,244
Alternative Uses
Best Use
Retail
$794.9K
$695.5K – $927.4K
NOI $55,642 @ 7.0% cap · market cap 271.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,166 @ 7.0% cap · market cap 430.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
704
Businesses Nearby
94k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 35%
Dining 30%
Shops & Services 25%
Home Improvements & Furnishings 7%
Presidente Supermarkets
Groceries
32,911 visits/mo
0.1 miles
Flanigan's Seafood Bar & Grill
Dining
26,541 visits/mo
0.1 miles
Exxon
Shops & Services
12,621 visits/mo
0.4 miles
Chase Bank
Shops & Services
10,783 visits/mo
0.4 miles
Burgin's Hardware
Home Improvements & Furnishings
6,277 visits/mo
0.1 miles
Demographics for 33014, FL
40,261
Population
15,319
Households
2.6
Avg Household Size
43
Median Age
29%
College-Educated
84%
High-School Grad
6.5 sq mi
ZIP Area
6,194
Density / Sq Mi
$74,934
Median Household Income
$40,003
Median Earnings
$1,720
Median Rent
$398,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space in a high-traffic shopping center with ample parking and convenient access.
Where is this retail space located?
The property is located at 1550 WEST 84 ST Hialeah, FL.
What are key features of this property?
This property features: Retail space within a high‑traffic shopping center; Ample on‑site parking; Convenient access for customers and visitors
