Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,395,000
Outlet malls
2000 4th Ave Hialeah, FL 33010-2716
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-2799237
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1972
Construction
CONCRETE
Total area
9,065 SF
Lot
0.46 ac (20,250 SF)
Zoning code
6300:COMMERCIAL,RESTRICT
APN
04-3107-018-3090
UPID
US18-2799237
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
-
Maxum Public Adjuster Group Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.73M
CAP Approach
CAP
$2.43M
Comparable Approach
Comparable
$3.30M
Blend (final)
Blend
$3.40M
Owner & transaction history
Nunez Studios Holdings LLC · 3 yrs held
Nunez Studios Holdings LLC
since 2022
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
6300:COMMERCIAL,RESTRICT · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.0M
+62.5%
Office building
$3.9M
+60.0%
Auto repair, garage
$3.3M
+34.0%
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
$3,305,000
ML approach
$3,725,000
CAP Approach
CAP Return
Estimation
6%
$2,625,000
6.5%
$2,425,000
7%
$2,250,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,450,000
Current use
MEDICAL BUILDING
$3,980,000
Change: +63% · Conversion: Difficult
OFFICE BUILDING
$3,920,000
Change: +60% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,280,000
Change: +34% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,600,000
Change: +6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,540,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$3.40M
Range $3.06M – $3.73M · ±10% · vs last sale $3.80M (Sep 1 2022)
Last sale anchor
$3.80M
Sep 1 2022
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
$375 / 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
$58,560
Tax year 2023
Assessed value
$3,120,000
Assessed 2023
Previous assessed
$1,063,775
+193.3% YoY
Effective rate
1.88%
On assessed value
Assessed land
$812,700
Assessed improvement
$2,307,300
Land market value
$812,700
Improvement market value
$2,307,300
Total market value
$3,120,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1972
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
9,065 SF
Lot
0.46 ac (20,250 SF)
Zoning code
6300:COMMERCIAL,RESTRICT
APN
04-3107-018-3090
UPID
US18-2799237
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
RETAIL STORES Current
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$4.0M
OFFICE BUILDING
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$3.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1972
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.46 ac
Current owner
From public records · entity-resolved
Nunez Studios Holdings LLC
Entity
Mailing address
8858 BYRON AVE, SURFSIDE, FL 33154-3435
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2022
$3,800,000
Nunez Studios Holdings LLC
John Elias
Warranty Deed
$1,900,000 · City National Bank Of Florida
May 17, 2021
—
John Elias
—
Deed
related
$105,000 · Today Investors LLC
May 19, 2020
—
Elias,zacarias Living Trust
—
Deed
related
$100,000 · Manuel Jose Fernandez Tr (lt)
Dec 13, 2016
—
Elias,zacarias Living Trust
Elias,zacarias
Quit Claim Deed
related
—
—
—
Zacarias Elias
—
Loan Modification
related
$100,000 · Fernandez Manuel J Tr (pt)
—
—
Elias,zacarias & Maria
—
Deed Of Trust
related
$100,000 · Fernandez M & A Living Tr (pt)
—
—
Elias,zacarias Living Trust
—
Deed Of Trust
related
$100,000 · Manuel Jose Fernandez Tr (lt)
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2000 4th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
