Property profile

1992 E 4Th Ave Hialeah, FL 33010

FOR SALE
Retail residential properties
Property ID
US18-0166075
11,290 SF 0.62 ac lot Built 1950
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a corner-lot retail shopping center containing 11,290 square feet of leasable retail space on a 27,000 square foot site, with storefront access and on-site parking designed for customer convenience, including storefront parking and additional rear parking. The center is located on E 4 Ave on a main thoroughfare, a short distance from State Rd. 934 and within walking distance of Hialeah Casino. The building has had a roof replacement and exterior paint refresh, and a 40-year inspection has been completed. A single-family residence is included within the overall parcel as an on-site second component (address: 366 E 20 ST, Hialeah, FL 33010), with 3 bedrooms and 2 bathrooms. The retail configuration is suitable for storefront retail use and is zoned B-1.

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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Food Market

Location

1992 E 4Th Ave Hialeah, FL 33010
Hialeah metro Census 804 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.47M
CAP Approach CAP
$2.37M
Comparable Approach Comparable
$1.80M
Blend (final) Blend
$2.67M

Owner & transaction history

since 2023
Last sale
$3.2M
6 recorded transactions
2023
Price N/A
2023
$3.2M
2004
$877,500
2003
$710,000
2000
$640,000
1969
Price N/A

Zoning & alternative use

6300:COMMERCIAL,RESTRICT · Hialeah, FL
Top alternative use upside
Auto repair, garage $4.1M +29.2%
Neighborhood: shopping center $3.2M +2.4%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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