Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    370 78th Rd Hialeah, FL 33014-4323
    Back to Search
    Property profile & analytics

    370 78th Rd Hialeah, FL 33014-4323

    View on Map
    • Manufacturing properties
    • 18,496 SF
    • 0.70 lot acres
    Off-Market
    Property ID
    US18-0374464
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,955,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Northside Imports Inc / Auto Parts Store

    Property Details for 370 78th Rd

    Year built
    1968
    Construction
    CONCRETE
    Lot size
    0.70 lot acres
    Property size
    18,496 SF
    Zone code
    7100:INDUSTRIAL,LIGHT MFG
    Property type
    Manufacturing properties
    APN
    04-2130-000-0050
    APU
    421300000050

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,192,000
      Market price range: $532k - $4.99M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2909
    Latitude
    25.8935
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $37,090
    $1,364,265
    $1,560,735
    $2,925,000
    -
    $1,364,265
    $1,560,735
    $2,925,000

    Comparable in this City

    • Value Estimation
      $2,055,000
      4,062 SF

      4870 167th St

      MANUFACTURING (LIGHT) • 4,062 SF
      4870 167th St, Miami Lakes, FL 33014-6426
      View Details
    • Value Estimation
      $1,290,000
      2,553 SF

      4724 167th St

      MANUFACTURING (LIGHT) • 2,553 SF
      4724 167th St, Miami Lakes, FL 33014-6427
      View Details
    • Value Estimation
      $1,740,000
      3,442 SF

      4800 167th St

      MANUFACTURING (LIGHT) • 3,442 SF
      4800 167th St, Miami Lakes, FL 33014-6426
      View Details
    • Value Estimation
      $2,030,000
      4,008 SF

      4882 167th St

      MANUFACTURING (LIGHT) • 4,008 SF
      4882 167th St, Miami Lakes, FL 33014-6426
      View Details
    • Value Estimation
      $4,015,000
      23,460 SF

      14000 58th Ct

      MANUFACTURING (LIGHT) • 23,460 SF
      14000 58th Ct, Miami Lakes, FL 33014-3117
      View Details
    • Value Estimation
      $1,915,000
      16,706 SF

      16505 49th Ave

      MANUFACTURING (LIGHT) • 16,706 SF
      16505 49th Ave, Miami Gardens, FL 33014-6320
      View Details

    Similar Nearby for Sale

    • $8,830,000

      Hialeah Industrial Flex Opportunity

      Industrial flex property suitable for manufacturing, distribution, and more.
      4790 NW 157Th St, Hialeah, FL 33014
      View Details
    • $6,000,000

      Hialeah Warehouse with Large Yard

      19,753 SF warehouse with 6,500 SF rear yard.
      7555 W 2Nd Ct, Hialeah, FL 33014
      View Details
    • $979,000

      Miami Gardens Warehouse Condo

      3000sf Warehouse/Office, Opportunity Zone
      4980 165Th Ter, Miami Gardens, FL 33014
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Palmetto Lakes Industrial Park Warehouses

      Industrial park with warehouses suitable for distribution, wholesale, manufacturing.
      15900-15998 NW 48Th Ave, Miami Gardens, FL 33014
      View Details
    • Contact for pricing
      25,000 SF

      Hialeah Industrial Space Available

      25,000 SF industrial space available for lease in Hialeah.
      7435 W 18Th Ln, Hialeah, FL 33014
      View Details
    • Contact for pricing

      Hialeah Industrial Space For Lease

      Industrial property with office space and highway access for lease.
      7985 W 20Th Ave, Hialeah, FL 33014
      View Details
    • Contact for pricing

      Warehouse Space Near Opa-Locka Airport

      Warehouse spaces with offices, mezzanine, and ample parking available for lease.
      270 W 79Th Pl, Hialeah, FL 33014
      View Details
    • Contact for pricing
      27,000 SF

      Hialeah Industrial Property for Rent

      65,648 SF industrial property on 3.03 acres available.
      16260 NW 49Th Ave, Hialeah, FL 33014
      View Details
    • Contact for pricing
      95,941 SF

      Hialeah Warehouse Space Available

      95,941 SF warehouse space for lease in Hialeah.
      16175 NW 49Th Ave, Hialeah, FL 33014
      View Details

    Property Visit Statistics

    • Visits by month
      15.2k
    • Visitors by month
      11.6k
    • Avg Time on site
      16 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    370 78th Rd
    Hialeah, FL 33014-4323
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    370 78th Rd, Hialeah, FL, 33014
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!