Office
900 W 49th Street Suite 548, Hialeah, FL 33012
For Sale
Contact for pricing
The building dates to 1975.
Property Size185 SF
Price / SF$7.03
Days on Market10
Property Features for 900 W 49th Street Suite 548
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Building Details
Year Built
Listing Agency:
Lapeyre Realty Inc
(305) 408-4007
Listed By:
Roselin Garcia · License FL #3229917
(786) 355-0025
Source:
Lehmannflorida
Added: Nov 5
Changed: Nov 12
Last Checked: Nov 12 at 7:45AM
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 Lapeyre Realty Inc
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Investment Insights
Based on property information with market context.
Office space is located at 900 W 49th Street, Suite 548, in Hialeah, Florida. The building was constructed in 1975.
Key Highlights
- Office suite at 900 W 49th Street, Suite 548, Hialeah, FL 33012
- Building constructed in 1975
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,571
Suggested Prices Based on Cap Rates
Cap Rate 5%
$71,420
$71.4K
Cap Rate 7%
$51,014
$51.0K
Cap Rate 9%
$39,678
$39.7K
Market Conditions
NOI Build-Up for 185 SF
Gross rent
$6.1K $33.00/SF
− Vacancy
−$1.3K −$7.26/SF
EGI
$4.8K $25.74/SF
− OpEx
−$1.2K −$6.44/SF
NOI
$3.6K $19.31/SF
Area
Hialeah, FL
Vacancy
22.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$71,420
Cap Rate 7%
$51,014
Cap Rate 9%
$39,678
Alternative Uses
Best Use
Office B
$51.0K
$44.6K – $59.5K
NOI $3,571 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$72.8K
$63.7K – $85.0K
NOI $5,097 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,384
Businesses Nearby
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Business Placement
Demographics for 33012, FL
70,260
Population
25,923
Households
2.7
Avg Household Size
48
Median Age
18%
College-Educated
72%
High-School Grad
5.9 sq mi
ZIP Area
11,908
Density / Sq Mi
$45,818
Median Household Income
$32,039
Median Earnings
$1,562
Median Rent
$355,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Hialeah, FL
Properties on Market for Office Units in Hialeah
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The building dates to 1975.
Where is this office unit located?
The property is located at 900 W 49th Street Suite 548 Hialeah, FL.
What are key features of this property?
This property features: Office suite at 900 W 49th Street, Suite 548, Hialeah, FL 33012; Building constructed in 1975
