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Property profile & analytics
OFF-MARKET
Estimated value
$4,355,000
Retail residential properties
2005 62nd St Hialeah, FL 33016-2657
Entity Owned
13-yr Hold
Free & Clear
Property ID
US19-0689035
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1988
Construction
CONCRETE
Total area
31,863 SF
Lot
2.1 ac (91,439 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
04-2034-084-0010
UPID
US19-0689035
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
-
Notary Services Law Firm
-
24 Hour Traffic School Training Center Vocational School
-
M-Care Physician Billing Services Accounting Firm Tax Preparation
-
B & C Therapy Center Inc Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.41M
Blend (final)
Blend
$4.36M
Owner & transaction history
Macribea Properties Corp · 13 yrs held
Macribea Properties Corp
since 2012
5 recorded transactions
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.36M
Range $3.92M – $4.79M · ±10%
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
$137 / 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
$76,466
Tax year 2023
Assessed value
$4,220,000
Assessed 2023
Previous assessed
$3,700,000
+14.1% YoY
Effective rate
1.81%
On assessed value
Assessed land
$2,377,414
Assessed improvement
$1,842,586
Land market value
$2,377,414
Improvement market value
$1,842,586
Total market value
$4,220,000
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
Off-Market
Year built
1988
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
31,863 SF
Lot
2.1 ac (91,439 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
04-2034-084-0010
UPID
US19-0689035
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Hialeah, FL
Zoning 7100:INDUSTRIAL,LIGHT MFG · permitted uses
7100:INDUSTRIAL,LIGHT MFG · 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.
Building & site characteristics
From public records
Year built
1988
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.1 ac
Current owner
From public records · entity-resolved
Macribea Properties Corp
Entity
Free & Clear · 13 yrs held
Mailing address
2300 NW 94TH AVE STE #200, DORAL, FL 33172-2343
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2012
$2,950,000
Macribea Properties Corp
A & J Realty Holdings LLC
Grant Deed
—
Feb 11, 2003
$2,950,000
A & J Realty Holdings LLC
Cabrerzio Family LP
Grant Deed
related
$2,360,000 · Union Planters National Bank
Oct 2, 2001
—
Westside Investments Revocable
Caberizo Family LP
Grant Deed
related
—
Apr 19, 1999
$2,000,000
Cabrerizo Family LP
Westside Commercial Center INC
Grant Deed
$1,600,000 · Suntrust Bank Miami NA
—
—
A & J Realty Holdings LLC
—
Deed Of Trust
related
$179,495 · Lehman Brothers Bank Fsb
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.
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