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    Property profile & analytics

    1051 29Th St Hialeah, FL 33012

    • Outlet malls
    • 9,606 SF
    • 0.24 lot acres
    For Lease
    View listing
    $17 SF/Yr
    Value Estimation
    $705,000
    Last Sale
    Nov 10, 2021
    $650,000
    Location Intelligence
    Property ID
    US18-5531975
    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

    • GSL BEAUTY SALON / Beauty Salon
    • A & B Health Services Inc / Home Health Care Service
    • Emys Beauty Salon / Beauty Salon

    Property Details for 1051 29Th St

    Year built
    1972
    Construction
    CONCRETE
    Lot size
    0.24 lot acres
    Property size
    9,606 SF
    Zone code
    6400:COMMERCIAL,CENTRAL
    Property type
    Outlet malls
    APN
    04-3012-016-0400
    APU
    430120160400

    Description

    This exceptional 3,800 square foot retail space is located at 1051 W 29th St #1 in Hialeah, Florida, 33012. The property is zoned 6400 and features a single-tenant occupancy. Recently updated, the space boasts fresh paint and new tile throughout. Ideal for a variety of retail businesses, the layout includes seven individual offices, a spacious open area, and two bathrooms. The unit is situated on the second floor and faces West 29th Street, offering excellent visibility and accessibility. The lease term is for one year. The property's APN is 04-30-12-016-0400. This is a fantastic opportunity for a business seeking a move-in ready, well-maintained space in a vibrant Hialeah location. The property's coordinates are latitude 25.848252 and longitude -80.303366. This listing presents a unique chance to establish or expand your business in a prime retail area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $725,000

    • CAP approach

      CAP return
      Estimation
      6%
      $670,000
      6.5%
      $660,000
      7%
      $625,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $725,000
      Geo Method
      $640,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $625,000
      Retail
      $770,000
      Mixed-Use
      $640,000
      Hospitality
      $750,000
      Educational
      $615,000
      Residential Income
      $695,000
      Energy
      $605,000
      Income-Based Land
      $740,000
      Food Service
      $580,000

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3034
    Latitude
    25.8483
    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
    $19,975
    $310,470
    $1,006,530
    $1,317,000
    -
    $310,470
    $1,006,530
    $1,317,000

    Comparable in this City

    • Value Estimation by Request
      6,980 SF

      5405 20th Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 6,980 SF
      5405 20th Ave, Hialeah, FL 33012-6920
      View Details
    • Value Estimation by Request
      117,363 SF

      1590 49th St

      WHOLESALE OUTLET, DISCOUNT STORE • 117,363 SF
      1590 49th St, Hialeah, FL 33012-2923
      View Details
    • Value Estimation by Request
      12,495 SF

      3755 16th Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 12,495 SF
      3755 16th Ave, Hialeah, FL 33012
      View Details
    • Value Estimation by Request
      34,194 SF

      4355 16th Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 34,194 SF
      4355 16th Ave, Hialeah, FL 33012-7666
      View Details
    • Value Estimation by Request
      52,437 SF

      750 49th St

      WHOLESALE OUTLET, DISCOUNT STORE • 52,437 SF
      750 49th St, Hialeah, FL 33012-3635
      View Details
    • Value Estimation by Request
      10,246 SF

      1435 49th St

      WHOLESALE OUTLET, DISCOUNT STORE • 10,246 SF
      1435 49th St, Hialeah, FL 33012-3222
      View Details

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    1051 29Th St
    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
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