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Property profile & analytics
OFF-MARKET Estimated value $350,000
Manufacturing properties

2551 3rd Ave Hialeah, FL 33010-1401

1,230 SF Built 1984
Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-0434906
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully equipped, second-generation food production facility ideally situated at 2551 W 3rd Ave, Hialeah, Florida, 33010. The property, a two-story industrial condo, encompasses 2,460 square feet of net rentable space, offering a blend of refrigerated/cold storage and warehouse functionality. Built in 1984, this meticulously designed commercial kitchen boasts numerous walk-in coolers, ample storage space, and multiple delivery access points. Convenience is maximized with one loading dock for efficient truck access and a private entrance. The property includes a grease trap and range hood, essential for food production operations. The asking price is $1,250,000, translating to $508.13 per square foot and $625,000 per unit. The property features four parking spaces and is offered as a 100% ownership opportunity with an occupancy date of May 1, 2024. Located in the heart of Hialeah, this property benefits from its position within a dynamic and growing area. This turnkey facility is perfect for an owner-user or investor seeking a high-return investment in a thriving commercial market. The property consists of two units. This is a single-tenancy property.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1984
Total area 1,230 SF
Zoning code 7100:INDUSTRIAL,LIGHT MFG
APN 04-3107-028-0060
UPID US18-0434906
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k
Owner & transaction history
Gilberto Broche · 20 yrs held
Gilberto Broche
since 2005
3 recorded transactions
2018
Price N/A
2005
$238,500
1969
Price N/A
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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