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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Office buildings
260 Hialeah Dr Hialeah, FL 33010-5219
Entity Owned
4-yr Hold
Property ID
US18-9457124
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1945
Construction
CONCRETE
Total area
1,382 SF
Lot
0.21 ac (9,000 SF)
Zoning code
4800:PLANNED RESID OFFICE
APN
04-3119-001-0080
UPID
US18-9457124
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
-
Home Safe Realty Corp Real Estate Agency
-
Que Rico Delights Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$740k
CAP Approach
CAP
$440k
Comparable Approach
Comparable
$746k
Blend (final)
Blend
$590k
Owner & transaction history
Yan Rental LLC · 4 yrs held
Yan Rental LLC
since 2021
Last sale
$575,000
7 recorded transactions
Zoning & alternative use
4800:PLANNED RESID OFFICE · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$605,000
+1.6%
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
$765,000
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
$475,000
6.5%
$440,000
7%
$405,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$595,000
Current use
MEDICAL BUILDING
$605,000
Change: +2% · Conversion: Easy
AUTO REPAIR, GARAGE
$500,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $575k (Dec 17 2021)
Last sale anchor
$575k
Dec 17 2021
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
$427 / 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
$6,339
Tax year 2023
Assessed value
$337,720
Assessed 2023
Previous assessed
$337,744
0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$209,250
Assessed improvement
$128,470
Land market value
$209,250
Improvement market value
$128,470
Total market value
$337,720
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1945
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
2
Total area
1,382 SF
Lot
0.21 ac (9,000 SF)
Zoning code
4800:PLANNED RESID OFFICE
APN
04-3119-001-0080
UPID
US18-9457124
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
4800:PLANNED RESID OFFICE · Hialeah, FL
Zoning 4800:PLANNED RESID OFFICE · permitted uses
4800:PLANNED RESID OFFICE · 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
OFFICE BUILDING Current
Est. value
$595,000
MEDICAL BUILDING
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$500,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1945
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Yan Rental LLC
Entity
Mailing address
14900 SW 164TH TER, MIAMI, FL 33187-1467
Ownership since
2021
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
Dec 17, 2021
$575,000
Yan Rental LLC
Armando Palma
Warranty Deed
$624,000 · The Huntington National Bank
Jan 9, 2019
—
Armando Palma
—
Deed
related
$180,000 · 260 Hialeah Lending LLC
Jan 29, 2016
—
Armando Palma
Dominguez,lidio M
Quit Claim Deed
related
—
Jan 7, 2014
$94,000
Lidio M Dominguez
Lopez,mery
Warranty Deed
—
Feb 14, 2006
$329,000
Mery Lopez
Martorell,roberto & Marcia E
Warranty Deed
$244,000 · Greenpoint Mortgage Funding
Nov 5, 2003
$175,000
Robert Marcia E Martorell
Stevenson,sephanie K
Grant Deed
$157,500 · Anchor Financial INC
—
—
Armando Palma
—
Deed Of Trust
related
$180,000 · 260 Hialeah Lending LLC
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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