Automotive Storefront with Existing
For Sale
$495,000
4190 E 4th Ave, Hialeah, FL 33013
For sale as-is with an in-place lease offering about four years of remaining term and immediate income continuity.
Property Size1,000 SF
Price / SF$495
Days on Market271
Property Features for 4190 E 4th Ave
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$3,823
Building Details
Building Size
1,000 SF
Year Built
1953
Listing Agency:
LG Luxury Realty LLC
Listed By:
Ligia Lugo · License #3355598
(305) 588-6651
Source:
Marcelosteinmander
Added: Jan 22
Changed: Oct 17
Last Checked: Oct 19 at 4:34PM
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 LG Luxury Realty LLC
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Investment Insights
Based on property information with market context.
This for-sale automotive storefront includes the real property together with an existing lease in place, with approximately four (4) years remaining. The structure is offered at approximately 1,000 SF per public records, situated on a lot of approximately 2,500 SF per public records.
The sale is being conducted AS-IS with the right to inspect. Any business operations, licenses, equipment, inventory, or goodwill, if any, are not included and would be addressed and negotiated separately.
The seller makes no representations or warranties beyond those expressly stated in the remarks. Buyer is solely responsible for completing all due diligence, including verification of lease terms, zoning and permitted uses, square footage, property condition, and intended occupancy.
The sale is being conducted AS-IS with the right to inspect. Any business operations, licenses, equipment, inventory, or goodwill, if any, are not included and would be addressed and negotiated separately.
The seller makes no representations or warranties beyond those expressly stated in the remarks. Buyer is solely responsible for completing all due diligence, including verification of lease terms, zoning and permitted uses, square footage, property condition, and intended occupancy.
Key Highlights
- Sale includes the real property plus an existing lease with approximately four years remaining for immediate income and continuity.
- Approximately 1,000 SF building size per public records.
- Approximately 2,500 SF lot size per public records.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,388
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,760
$347.8K
Cap Rate 7%
$248,400
$248.4K
Cap Rate 9%
$193,200
$193.2K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$27.0K $27.00/SF
− Vacancy
−$2.2K −$2.16/SF
EGI
$24.8K $24.84/SF
− OpEx
−$7.5K −$7.45/SF
NOI
$17.4K $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%
$347,760
Cap Rate 7%
$248,400
Cap Rate 9%
$193,200
Alternative Uses
Best Use
Retail
$248.4K
$217.4K – $289.8K
NOI $17,388 @ 7.0% cap · market cap 3.51%
Second Best
Industrial
$162.2K
$141.9K – $189.2K
NOI $11,351 @ 7.0% cap · market cap 2.29%
Theoretical Best
Office A
$393.6K
$344.4K – $459.2K
NOI $27,552 @ 7.0% cap · market cap 5.57%
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
1,605
Businesses Nearby
30k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 64%
Shops & Services 36%
Sedano's
Groceries
19,094 visits/mo
0.2 miles
Chevron
Shops & Services
10,787 visits/mo
0.5 miles
Demographics for 33013, FL
31,068
Population
9,544
Households
3.3
Avg Household Size
48
Median Age
18%
College-Educated
72%
High-School Grad
3.8 sq mi
ZIP Area
8,176
Density / Sq Mi
$57,242
Median Household Income
$32,566
Median Earnings
$1,488
Median Rent
$407,400
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
Similar Off Market Nearby
- Palm Avenue Tire Corporation — 3230 Palm Ave, Hialeah, FL 33012
- Guantanamo Corporation — 3195 E 4th Ave, Hialeah, FL 33013
- Camejo's Auto Sales — 3197 E 4th Ave, Hialeah, FL 33013
- Enrique Tires — 3375 E 4th Ave, Hialeah, FL 33013
- Auto ElectroniComp Services Inc — 564 e 32nd st, hialeah, fl 33013
Frequently Asked Questions
What type of property is this?
Auto shop - For sale as-is with an in-place lease offering about four years of remaining term and immediate income continuity.
Where is this auto shop located?
The property is located at 4190 E 4th Ave Hialeah, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Sale includes the real property plus an existing lease with approximately four years remaining for immediate income and continuity.; Approximately 1,000 SF building size per public records.; Approximately 2,500 SF lot size per public records.
