Property profile

198 Hialeah Dr Hialeah, FL 33010

OFF-MARKET
Day care centers
Property ID
US18-4890858
Built 1951
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Property summary

AI-generated overview

This exceptional investment opportunity presents a three-parcel portfolio in southwest Hialeah, Florida, encompassing a highly visible corner retail building at 198 Hialeah Dr, 33010. The property boasts a total of 5,779 square feet, including a warehouse bay with an 11-foot loading door, situated on a 18,994 square foot lot. The asking price for this portfolio is $2,000,000. The building, constructed in 1951, is a two-story structure and benefits from a daily average traffic count of 20,000 vehicles. The sale includes two adjacent vacant lots providing approximately 30 parking spaces. Parcel numbers included in the sale are 04-3119-006-0100, 04-3119-006-0120, and 04-3119-006-0110. This versatile property is suitable for various retail uses, including storefront, daycare/nursery, and pharmacy/drug store operations. Its prime location and high visibility make it an ideal investment for discerning buyers seeking a strong return.

Property profile

Verified
Property type Day care centers
Year built 1951
UPID US18-4890858

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
  • Roofing Company General Contractor
  • Social Service Agency

Location

198 Hialeah Dr Hialeah, FL 33010
Hialeah metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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