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Property profile & analytics
FOR SALE
Retail residential properties
1992 E 4Th Ave Hialeah, FL 33010
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-0166075
For Sale
1 / 23
$5,000,000
1992 E 4Th Ave, Hialeah, FL 33010
View Listing →
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1950
Construction
CONCRETE
Total area
11,290 SF
Lot
0.62 ac (27,000 SF)
Zoning code
6300:COMMERCIAL,RESTRICT
APN
04-3107-018-1570
UPID
US18-0166075
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
-
Fatin Inc Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.47M
CAP Approach
CAP
$2.37M
Comparable Approach
Comparable
$1.80M
Blend (final)
Blend
$2.63M
Owner & transaction history
Eighth Element Holding LLC · 2 yrs held
Eighth Element Holding LLC
since 2023
Last sale
$3.2M
6 recorded transactions
Zoning & alternative use
6300:COMMERCIAL,RESTRICT · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.1M
+29.2%
Neighborhood: shopping center
$3.2M
+2.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hialeah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hialeah submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,665,000
ML approach
$2,465,000
CAP Approach
CAP Return
Estimation
6%
$2,570,000
6.5%
$2,370,000
7%
$2,200,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,165,000
Current use
AUTO REPAIR, GARAGE
$4,090,000
Change: +29% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,240,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$3,050,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$2.63M
Range $2.36M – $2.89M · ±10% · vs last sale $3.23M (Oct 5 2023)
Last sale anchor
$3.23M
Oct 5 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$233 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$32,581
Tax year 2023
Assessed value
$2,285,000
Assessed 2023
Previous assessed
$1,301,039
+75.6% YoY
Effective rate
1.43%
On assessed value
Assessed land
$942,300
Assessed improvement
$1,342,700
Land market value
$942,300
Improvement market value
$1,342,700
Total market value
$2,285,000
Applied tax rate
400.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Status
For Sale
Year built
1950
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
2
Bathrooms
2
Total area
11,290 SF
Lot
0.62 ac (27,000 SF)
Zoning code
6300:COMMERCIAL,RESTRICT
APN
04-3107-018-1570
UPID
US18-0166075
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6300:COMMERCIAL,RESTRICT · Hialeah, FL
Zoning 6300:COMMERCIAL,RESTRICT · permitted uses
6300:COMMERCIAL,RESTRICT · Hialeah, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hialeah. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
RETAIL STORES
Est. value
$3.1M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Bathrooms
2
Lot
0.62 ac
Current owner
From public records · entity-resolved
Eighth Element Holding LLC
Entity
Mailing address
3750 W 16TH AVE, HIALEAH, FL 33012-4654
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2023
—
Eighth Element Holding LLC
—
Deed
related
$1,333,000 · Florida Business Development Corporation
Oct 5, 2023
$3,225,000
Eighth Element Holding LLC
4th Avenue Plaza INC
Warranty Deed
$1,626,000 · Zb NA
Jul 2, 2004
$877,500
4th Avenue Plaza INC
Endless Properties Corp
Grant Deed
$912,000 · Unibank
Feb 24, 2003
$710,000
Endless Properties Corp
Ormasua INC
Grant Deed
$550,000 · Ocean Bank
Mar 14, 2000
$640,000
Ormasua INC
Bettar Investments INC
Grant Deed
$480,000 · Ocean Bank
—
—
Better Investments INC
—
Deed Of Trust
related
$90,000 · City First Mortgage Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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