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Property profile & analytics
OFF-MARKET
Retail residential properties

161 29th St Hialeah, FL 33012

8,474 SF 0.22 ac lot Built 1970
Entity Owned 5-yr Hold Free & Clear
Property ID
US18-2738578
Property summary
AI-generated overview

This thriving convenience store, located at 161 W 29th Street in Hialeah, Florida (zip code 33012), presents a compelling investment opportunity. Priced at $115,000, this retail property boasts approximately 5,000 square feet of space, offering significant potential for expansion and added services. The current lease has four years remaining, with a valuable option for an additional five-year term, providing long-term stability for the investor. The property features convenient on-site parking, with seven spaces directly in front of the store, ensuring easy access for customers. Additional storage space is located at the rear of the building, enhancing operational efficiency. Situated in a bustling Hialeah neighborhood, this well-established convenience store benefits from high foot traffic and a strong customer base. This is an excellent chance to acquire a profitable, established business with significant growth potential in a prime location within Miami-Dade County. The property's size and lease terms make it an attractive investment for both seasoned and new entrepreneurs seeking a foothold in the thriving South Florida market.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1970
Construction CONCRETE
Total area 8,474 SF
Lot 0.22 ac (9,675 SF)
Zoning code 6400:COMMERCIAL,CENTRAL
APN 04-3107-006-2650
UPID US18-2738578
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Whitecastle Prop Mgmt LLC · 5 yrs held
Whitecastle Prop Mgmt LLC
since 2020
Last sale
$1.1M
4 recorded transactions
2020
$1.1M
2020
Price N/A
2011
Price N/A
1969
Price N/A
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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