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Property profile & analytics
OFF-MARKET Estimated value $17,375,000
Community centers

18600 87th Ave Hialeah, FL 33015-3512

113,050 SF 13.24 ac lot Built 2006
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US18-4031587
Property summary
AI-generated overview

This exceptional retail property, Sedano's Plaza Lakes on the Green, located at 18600 NW 87th Ave in Miami Gardens, Florida (zip code 33015), presents a compelling investment opportunity. The property is a multi-tenant strip center and office complex boasting a total of 130,738 square feet. Currently, there is 1,535 square feet of vacant space available, ideally suited for a variety of uses. The vacant space is a fully built-out office suite, featuring five individual offices, ready for immediate occupancy. The property's strategic location in Miami-Dade County ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a presence in this thriving market. The property's existing tenant mix contributes to a strong and stable income stream. This is a rare opportunity to acquire a well-maintained, established retail center with immediate income potential and the added benefit of readily available office space. The property's size and configuration offer flexibility for a range of business types, making it a versatile and valuable asset. Detailed financial information is available upon request. Don't miss this chance to secure a prime retail and office space in a high-growth area.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2006
Construction CONCRETE
Total area 113,050 SF
Lot 13.24 ac (576,517 SF)
Zoning code 6200:COMMERCIAL,ARTERIAL
APN 30-2004-012-0010
UPID US18-4031587
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
  • Home Deco Frame & Furniture Furniture & Home Goods Home Decor Store
  • Progressive Dental Office Dental Office
  • Nails For You Nail Salon
  • Chase Bank Bank Loan Service
  • Tita - Disnarda Acosta Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$17.38M
Owner & transaction history
Miami Gardens Drive LLC · 11 yrs held
Miami Gardens Drive LLC
since 2014
6 recorded transactions
2014
$900,100
2004
Price N/A
2001
$3.4M
2001
$2.6M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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