Property profile

16120 127th Ave Hialeah, FL 33018

OFF-MARKET
Retail residential properties
Property ID
US19-0609829
616 SF 10 ac lot Built 1990
Trust Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 10-acre commercial lot configured for truck parking and fleet storage, with 144 existing parking spaces. The site has room for expansion to 228 parking spaces if reconfigured. Vehicular access is available via NW 127 Avenue off Okeechobee Road, and the lot is situated near the intersection of Okeechobee Road and the Florida Turnpike (less than 2 miles), placing it within reach of the Medley and Airport West industrial markets as well as major air and seaport facilities across Miami-Dade and Broward Counties.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1990
Construction CONCRETE
Total area 616 SF
Lot 10 ac (435,600 SF)
Zoning code 9000:AGRICULTURE
APN 30-2914-000-0290
UPID US19-0609829

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Landscaping General Contractor

Location

16120 127th Ave Hialeah, FL 33018-1038
Hialeah metro Census 12501 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

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
$225k

Owner & transaction history

since 2018
6 recorded transactions
2023
Price N/A
2018
Price N/A
2005
$1.3M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

9000:AGRICULTURE · Hialeah, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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