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    4950 12Th Ave Hialeah, FL 33012

    Sponsored
    For Sale
    $1,950,000

    Established Restaurant, High Traffic Area

    Property size:
    2,781 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional restaurant property, located at 4950 W 12th Ave in Hialeah, Florida, presents a lucrative investment opportunity. The 2,781 square foot building, constructed in 1972, is currently under lease to a tenant for the next five years, providing immediate and consistent income. Prior to the current tenant, a long-standing barbeque restaurant operated at this location for over four decades, demonstrating the site's enduring appeal and suitability for food service businesses. Situated in the heart of Hialeah, this property boasts a highly visible location with ample parking and significant foot traffic, ensuring strong customer accessibility. The asking price is $1,950,000. This prime location, with its proven track record and strong tenant occupancy, makes it an ideal addition to any investment portfolio or a fantastic foundation for a new venture. The property's history of successful restaurant operations, combined with its advantageous location and ample parking, positions it for continued success. This is a rare opportunity to acquire a well-established and highly visible restaurant property in a thriving Hialeah location. The existing lease provides immediate return on investment, while the property's inherent strengths offer significant long-term potential. The property is zoned for retail use and is located in Miami-Dade County, Florida, zip code 33012.

    Property Features for 4950 12Th Ave

    General Information

    Property type
    Restaurants
    Square Feet
    2,781 SF

    Building Details

    Year Built
    1972
    Property Profile Location Intelligence

    Current Use by Public Records

    PINCHO Burgers and Kebabs Hamburger Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3073668
    Latitude
    25.8672637

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, High Traffic Area
    Where is this restaurant located?
    The property is located at 4950 12Th Ave Hialeah, FL.
    What is the asking price?
    The asking price for this property is $1,950,000.
    Request Owner's contact information
    4950 12Th Ave 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
    4950 12Th Ave Hialeah, FL 33012
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