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    Property profile & analytics

    18505 NW 75Th Pl Hialeah, FL 33015

    • Outlet malls
    • 34,899 SF
    • 2.93 lot acres
    For Sale
    View listing
    $110,000
    Last Sale
    Apr 29, 2021
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-6552727
    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

    • Top of the Line Barbershop / Barber Shop
    • Fearless Air and Water, LLC / General Contractor
    • Plaza America / Business Service Center / Corporate Office
    • Hard Money Lending HML / Loan Service / Bank
    • Cafe Areito / Restaurant

    Property Details for 18505 NW 75Th Pl

    Year built
    2013
    Lot size
    2.93 lot acres
    Property size
    34,899 SF
    Zone code
    6200:COMMERCIAL,ARTERIAL
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    30-2011-082-0010
    APU
    3020110820010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3215
    Latitude
    25.941
    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
    $82,080
    $1,917,495
    $3,382,505
    $5,300,000
    -
    $1,917,495
    $3,382,505
    $5,300,000

    Comparable in this City

    • Value Estimation
      $11,765,000
      84,013 SF

      18600 67th Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 84,013 SF
      18600 67th Ave, Hialeah, FL 33015-2406
      View Details
    • Value Estimation
      $2,985,000
      19,113 SF

      5701 183rd St

      WHOLESALE OUTLET, DISCOUNT STORE • 19,113 SF
      5701 183rd St, Hialeah, FL 33015-6022
      View Details
    • Value Estimation
      $1,640,000
      9,903 SF

      5900 183rd St

      WHOLESALE OUTLET, DISCOUNT STORE • 9,903 SF
      5900 183rd St, Hialeah, FL 33015-6025
      View Details
    • Value Estimation
      $2,865,000
      16,843 SF

      17601 78th Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 16,843 SF
      17601 78th Ave, Hialeah, FL 33015-3630
      View Details
    • Value Estimation
      $780,000
      5,816 SF

      17851 78th Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 5,816 SF
      17851 78th Ave, Hialeah, FL 33015-2805
      View Details
    • Value Estimation
      $26,915,000
      237,299 SF

      5851 177th St

      WHOLESALE OUTLET, DISCOUNT STORE • 237,299 SF
      5851 177th St, Hialeah, FL 33015-5127
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Miami Lakes Shopping Center For Sale

      Community shopping center in Miami Lakes, anchored by Navarro and Sketchers.
      16801 NW 67Th Ave, Hialeah, FL 33015
      View Details
    • $3,900,000

      Hialeah Retail Investment Opportunity

      Well-maintained retail property with established business and additional tenants.
      17851 NW 78Th Ave, Hialeah, FL 33015
      View Details
    • New
      $120,000

      Hialeah Beauty Salon Opportunity

      Miami-area beauty salon for sale with below-market rent.
      16774 NW 67Th Ave, Hialeah, FL 33015
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    • $110,000
      1,000 SF

      Established Beauty Salon Business Opportunity

      Turnkey beauty salon for sale in Miami Lakes.
      18505 NW 75Th Pl, Hialeah, FL 33015
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    • $124,900

      Established Dollar Store Opportunity

      Profitable 15-year-old variety store in Hialeah's Sedano's Plaza.
      Hialeah, FL 33015
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    • $200,000

      Hialeah Executive Office Space

      Profitable Pet Business for Sale
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Miami Gardens

      Grocery-anchored shopping center under construction, opening 1st Qtr 2027.
      87Th Ave, Hialeah, FL 33015
      View Details
    • Contact for pricing
      3,014 SF

      Retail Space in Hialeah, FL

      Retail space available in Hialeah with strong tenant mix.
      16709-16927 NW 67Th Ave, Hialeah, FL 33015
      View Details
    • $49 SF/Yr

      Retail Space in Busy Intersection

      Retail opportunity with high traffic counts near established businesses.
      18606 NW 67Th Ave, Hialeah, FL 33015
      View Details
    • Contact for pricing
      91,076 SF

      Vista Center: Hialeah Retail Space

      Prime Hialeah retail, multiple suites available.
      6400 186Th St, Hialeah, FL 33015
      View Details
    • Contact for pricing
      26,408 SF

      Prime Retail Space, West Palm Beach

      High-traffic location, flexible spaces available.
      926 Military Trl, Hialeah, FL 33015
      View Details
    • $50 SF/Yr
      1,910 SF

      Hialeah Retail Space For Lease

      Prime Hialeah retail space available.
      16800 67Th Ave, Hialeah, FL 33015
      View Details
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    Hialeah, FL 33015
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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