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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Office buildings
126 49th St Hialeah, FL 33013-1853
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-5772911
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1950
Construction
CONCRETE
Total area
2,510 SF
Lot
0.16 ac (6,877 SF)
Zoning code
4800:PLANNED RESID OFFICE
APN
04-3106-058-0280
UPID
US18-5772911
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
-
Maya Research Center Research Institute
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$880k
CAP Approach
CAP
$795k
Comparable Approach
Comparable
$750k
Blend (final)
Blend
$845k
Owner & transaction history
126 East 49 St Hialeah LLC · 2 yrs held
126 East 49 St Hialeah LLC
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
4800:PLANNED RESID OFFICE · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+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
$950,000
ML approach
$880,000
CAP Approach
CAP Return
Estimation
6%
$860,000
6.5%
$795,000
7%
$740,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,085,000
Current use
MEDICAL BUILDING
$1,100,000
Change: +2% · Conversion: Easy
AUTO REPAIR, GARAGE
$910,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $1.15M (Aug 30 2023)
Last sale anchor
$1.15M
Aug 30 2023
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
$337 / 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
$7,970
Tax year 2023
Assessed value
$524,961
Assessed 2023
Previous assessed
$335,427
+56.5% YoY
Effective rate
1.52%
On assessed value
Assessed land
$398,866
Assessed improvement
$126,095
Land market value
$398,866
Improvement market value
$126,095
Total market value
$524,961
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
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1950
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
2,510 SF
Lot
0.16 ac (6,877 SF)
Zoning code
4800:PLANNED RESID OFFICE
APN
04-3106-058-0280
UPID
US18-5772911
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
4800:PLANNED RESID OFFICE · Hialeah, FL
Zoning 4800:PLANNED RESID OFFICE · permitted uses
4800:PLANNED RESID OFFICE · 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
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$910,000
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
Cooling
Yes
Stories
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
126 East 49 St Hialeah LLC
Entity
Mailing address
7100 W 20TH AVE STE #401, HIALEAH, FL 33016-1811
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2023
$1,150,000
126 East 49 St Hialeah LLC
126e 49th Strett LLC
Warranty Deed
$862,500 · Silver Hill Financial LLC
Mar 3, 2020
$618,000
126 E 49th Street LLC
William Bello
Warranty Deed
$494,000 · City National Bank Of Florida
Feb 10, 2020
$120,100
Bello,i & W Land Trust
Leonel Mollineda
Correction Deed
—
Apr 9, 2018
$120,100
Bello,ileana & William Tr
Mollineda,leonel Coc
Trustees Deed
related
—
Jun 1, 2015
—
Lisett Barreto
Mollineda Leonel
Quit Claim Deed
related
—
Nov 21, 2006
$635,000
Leonel Mollineda
Bello,ileana
Warranty Deed
$535,000 · Bello William & Heana (tr)
—
—
Ileana Bello
—
Deed Of Trust
related
$150,000 · First Union National Bank
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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