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    1099 23Rd St Hialeah, FL 33013

    • Manufacturing properties
    • 4,400 SF
    • 0.12 lot acres
    For Sale
    View listing
    $1,500,000
    Value Estimation
    Location Intelligence
    Property ID
    US18-8746073
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 1099 23Rd St

    Year built
    1961
    Construction
    CONCRETE
    Lot size
    0.12 lot acres
    Property size
    4,400 SF
    Zone code
    7100:INDUSTRIAL,LIGHT MFG
    Property type
    Manufacturing properties
    APN
    04-3108-002-2810
    APU
    431080022810

    Description

    This exceptional 3,000 square foot industrial warehouse, built in 1961, is strategically located on a corner lot at 1099 E 23rd St, Hialeah, FL 33013, in Miami-Dade County. The property currently houses a body shop and cafeteria, both operating under lease agreements. Each of the three bays offers 1,000 square feet of usable space. This prime location is situated within a transit-oriented development (TOD) zone, providing convenient access to the Tri Rail station. Furthermore, the property benefits from its proximity to several significant, upcoming developments, including the MG Developer's Metro Parc Hialeah (a three-tower, 10-story mixed-use residential project with over 1,600 luxury rental units), Strategic Properties & Continua Developments' Midtown Park (an 8-story residential apartment project with over 612 luxury rental units), and The Bec Group's 1025 Metro & 1067 Motion (a 10-story mixed-use residential project with over 283 luxury units). This presents a unique investment opportunity in a rapidly developing area with high growth potential. The asking price for this property is $1,500,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $410,000
      6.5%
      $380,000
      7%
      $375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $375,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $355,000
      Retail
      $485,000
      Mixed-Use
      $455,000
      Hospitality
      $380,000
      Educational
      $450,000
      Residential Income
      $410,000
      Energy
      $425,000
      Income-Based Land
      $395,000
      Food Service
      $485,000

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2602
    Latitude
    25.8439
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,858
    $342,680
    $277,320
    $620,000
    -
    $342,680
    $277,320
    $620,000

    Comparable in this City

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    • Value Estimation by Request
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      14,700 SF

      4020 10th Ct

      MANUFACTURING (LIGHT) • 14,700 SF
      4020 10th Ct, Hialeah, FL 33013-2926
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    • Value Estimation by Request
      6,800 SF

      4447 10th Ln

      MANUFACTURING (LIGHT) • 6,800 SF
      4447 10th Ln, Hialeah, FL 33013-2528
      View Details

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    1099 23Rd St
    Hialeah, FL 33013
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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
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