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Two-Story Medical Office Building
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1601 E 4th Ave, Hialeah, FL 33010

A corner property with elevator access and a layout containing private and administrative offices.

Property Size9,511 SF
Price / SF$0.00
Days on Market177

Property Features for 1601 E 4th Ave

General Information

Standard status Active
Size 9,511 SF
Total Parking Spaces 54
Elevators Yes
Property subtype Office

Additional Details

Property Use Professional Office

Building Details

Building Size 9,511 SF
Year Built 1973
Buildings 1
Stories 2
Listing Agency: Premier Real Estate Sales Inc.
Listed By: Arlene Hernandez · License #3313971
Source: Emporiore
Added: May 5 Changed: Oct 27 Last Checked: Oct 27 at 3:25AM

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 Premier Real Estate Sales Inc.

Rey
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Investment Insights

Based on property information with market context.

The two-story medical office property contains 9,511 square feet, with 15 private offices, two larger administrative offices, an elevator, and two staircases. The building was constructed in 1973 and occupies a corner lot in East Hialeah.

Parking includes 52 spaces and two handicap spaces. The existing office configuration and vertical circulation are key physical features of the property.

Key Highlights

  • 9,511‑square‑foot, two‑story medical office property
  • 15 private offices and two administrative offices
  • Elevator and two staircases connect the floors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$154,078
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,081,560 $3.1M
Cap Rate 7%
$2,201,114 $2.2M
Cap Rate 9%
$1,711,978 $1.7M
Market Conditions
NOI Build-Up for 9,511 SF
Gross rent
$285.3K $30.00/SF
− Vacancy
−$28.5K −$3.00/SF
EGI
$256.8K $27.00/SF
− OpEx
−$102.7K −$10.80/SF
NOI
$154.1K $16.20/SF
Area
Hialeah, FL
Vacancy
10.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,081,560
Cap Rate 7%
$2,201,114
Cap Rate 9%
$1,711,978

Alternative Uses

Best Use
Office B
$2.62M
$2.30M – $3.06M (±1% cap)
NOI $183,610 @ 7.0% cap · market cap 459,025.00%
Second Best
Healthcare Medical
$2.20M
$1.93M – $2.57M (±1% cap)
NOI $154,078 @ 7.0% cap · market cap 385,195.00%
Theoretical Best
Office A
$3.74M
$3.28M – $4.37M (±1% cap)
NOI $262,047 @ 7.0% cap · market cap 655,117.50%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

University Health Care ... Medical Clinic Cano Health - Permanently ... Medical Clinic Dr. Antonio Gordon Medical Clinic Dr. Jose Cardenas Pediatrician

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store Storage Facility

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

2,089
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33010, FL

43,902
Population
16,456
Households
2.7
Avg Household Size
48
Median Age
20%
College-Educated
71%
High-School Grad
4.3 sq mi
ZIP Area
10,210
Density / Sq Mi
$45,449
Median Household Income
$30,466
Median Earnings
$1,318
Median Rent
$346,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • Perez-Tirse Haydee DVM — 329 E 9th St, Hialeah, FL 33010
  • Panda Animal Clinic — 329 E 9th St #101, Hialeah, FL 33010
  • San Lazaro Animal Clinic — 701 E 9th St, Hialeah, FL 33010
  • Junglelife Animal Hospital Inc — 1690 E 4th Ave, Hialeah, FL 33010
  • Benitez Animal Hospital — 2740 Palm Ave, Hialeah, FL 33010

Frequently Asked Questions

What type of property is this?
Medical Office Space - A corner property with elevator access and a layout containing private and administrative offices.
Where is this medical office space located?
The property is located at 1601 E 4th Ave Hialeah, FL.
What are key features of this property?
This property features: 9,511‑square‑foot, two‑story medical office property; 15 private offices and two administrative offices; Elevator and two staircases connect the floors
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