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    1561 Okeechobee Rd Hialeah, FL 33010

    Sponsored
    For Sale
    $400,000

    Prime Hialeah location, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This thriving restaurant and bar, located at 1561 W Okeechobee Rd in Hialeah, Florida, presents a unique investment opportunity. Built in 1970, this retail property is priced at $400,000 and boasts a highly desirable location on one of Hialeah's busiest thoroughfares. The property's strategic placement near the airport and surrounded by a mix of commercial and residential properties ensures consistent foot traffic and visibility. The business itself operates as a bakery, capitalizing on the high volume of passersby. This established business benefits from its prime position within a vibrant and growing community. The property's 1970 construction offers a solid foundation for continued success, with ample potential for expansion or renovation to further enhance its profitability. This turnkey operation is ready for a new owner to step in and continue its success story. The property is situated in Miami-Dade County, Florida, with a zip code of 33010. Its geographic coordinates are 25.8355425 latitude and -80.2975341 longitude. Don't miss this chance to acquire a well-established business in a prime location. This opportunity won't last long.

    Property Features for 1561 Okeechobee Rd

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Yamy Bakery Bakery Edys Bakery and Coffee ... Bakery Equipment

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2975341
    Latitude
    25.8355425

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    FAQs

    What type of property is this?
    Restaurant - Prime Hialeah location, high traffic area.
    Where is this restaurant located?
    The property is located at 1561 Okeechobee Rd Hialeah, FL.
    What is the asking price?
    The asking price for this property is $400,000.
    Request Owner's contact information
    1561 Okeechobee Rd Hialeah, FL 33010
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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
    1561 Okeechobee Rd Hialeah, FL 33010
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