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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Office buildings
1031 8th Ave Hialeah, FL 33010-3702
Entity Owned
~
Est. High Equity
Property ID
US18-4149194
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1950
Construction
CONCRETE
Total area
1,708 SF
Lot
0.15 ac (6,474 SF)
Zoning code
6300:COMMERCIAL,RESTRICT
APN
04-3117-004-1330
UPID
US18-4149194
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
BLUE MARINE SHIPPING, CORP. Corporate Office
-
Simple Mobile Solutions Mobile Phone Store Electronics & Wireless Store
-
AQUA WIRELESS Mobile Phone Store Electronics & Wireless Store
-
Amazon Hub Counter - Repair Center Solution 2 Courier Service Postal Service
-
Coin Cloud Bitcoin ATM Currency Exchange Service Kiosk
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$325k
Blend (final)
Blend
$515k
Owner & transaction history
1031 Hialeah Holding LLC
1031 Hialeah Holding LLC
since 2026
5 recorded transactions
Zoning & alternative use
6300:COMMERCIAL,RESTRICT · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$750,000
+1.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hialeah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hialeah submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$330,000
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$500,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$740,000
Current use
MEDICAL BUILDING
$750,000
Change: +2% · Conversion: Easy
AUTO REPAIR, GARAGE
$620,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$302 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,732
Tax year 2023
Assessed value
$389,536
Assessed 2023
Previous assessed
$324,796
+19.9% YoY
Effective rate
1.73%
On assessed value
Assessed land
$291,330
Assessed improvement
$98,206
Land market value
$291,330
Improvement market value
$98,206
Total market value
$389,536
Applied tax rate
400.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1950
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
1,708 SF
Lot
0.15 ac (6,474 SF)
Zoning code
6300:COMMERCIAL,RESTRICT
APN
04-3117-004-1330
UPID
US18-4149194
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6300:COMMERCIAL,RESTRICT · Hialeah, FL
Zoning 6300:COMMERCIAL,RESTRICT · permitted uses
6300:COMMERCIAL,RESTRICT · Hialeah, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hialeah. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$740,000
MEDICAL BUILDING
Est. value
$750,000
AUTO REPAIR, GARAGE
Est. value
$620,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
1031 Hialeah Holding LLC
Entity
Mailing address
1031 E 8TH AVE, HIALEAH, FL 33010-3702
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2026
—
1031 Hialeah Holding LLC
Accounting Revenue Service INC
Quitclaim Deed
related
—
May 9, 2022
—
Verenca Investments International I
—
Deed
related
$6,500,000 · Florida Horizon Bank
Oct 15, 2021
—
Accounting Revenue Service INC
—
Deed
related
$400,000 · City National Bank Of Florida
Jan 11, 2017
—
Accounting Revenue Service INC
—
Deed
related
$100,000 · Tropical Financial Cu
Jan 9, 2017
—
Accounting Revenue Service INC
—
Deed
related
$130,000 · Tropical Financial Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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