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    1974 60Th St Hialeah, FL 33012

    Sponsored
    For Sale
    $339,000

    Established Coin Laundry, High ROI Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a well-established coin laundry business in the heart of Hialeah, Florida. Located at 1974 W 60th St, 33012, this 2,000 square foot facility has served the community for nearly two decades. The business model incorporates both self-service and convenient drop-off wash-and-fold services, catering to a loyal customer base. Its prime location is surrounded by numerous apartment buildings, ensuring a consistent flow of clientele. The property was built in 1982 and offers low overhead costs, with a monthly rent of $6,592 which includes water service. This turnkey operation presents a strong return on investment for the discerning buyer. Serious inquiries only; a non-disclosure agreement (NDA) and proof of funds are required for viewing appointments. Please refrain from contacting employees directly. This is a unique opportunity to acquire a profitable and established business in a high-demand area. The asking price for this exceptional property is $339,000.

    Property Features for 1974 60Th St

    General Information

    Property type
    Specialty properties

    Building Details

    Year Built
    1982

    HighLights

    • $339,000 asking price.
    • Special purpose property, Other subtype.
    • 1982 year built.
    • Established coin laundry business in Hialeah, FL.
    • 2,000 square feet.
    • $6,592 monthly rent (includes water).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3223064
    Latitude
    25.8764093

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    FAQs

    What type of property is this?
    Specialty property - Established Coin Laundry, High ROI Potential
    Where is this specialty property located?
    The property is located at 1974 60Th St Hialeah, FL.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: $339,000 asking price.; Special purpose property, Other subtype.; 1982 year built.
    Request Owner's contact information
    1974 60Th St Hialeah, FL 33012
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    Hialeah, FL 33012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1974 60Th St Hialeah, FL 33012
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