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3700 16th Ave Hialeah, FL 33012

OFF-MARKET Office buildings Google Maps
44,697 SF 1.31 ac lot Built 1981
Entity Owned 4-yr Hold ~ Est. High Equity
Estimated value (blended)
$8.28M
Range $7.45M – $9.10M (±10%)
Property ID US19-0310121

Property summary

AI-generated overview

This thriving Hialeah business, located at 3700 W 16th Ave, 33012, in Miami-Dade County, Florida, presents a fantastic investment opportunity. Established in 1981, this well-regarded meat market and grocery store is offered at an asking price of $175,000. The sale includes all necessary accessories, machinery, and existing inventory, ensuring a smooth transition for the new owner. The business benefits from a loyal and well-established customer base, built over many years of operation within the community. Situated in West Hialeah, the property enjoys a convenient location with high foot traffic potential. This turnkey operation is ideal for an entrepreneur seeking an immediate return on investment in a proven, profitable business model. The property's prime location and strong customer base provide a solid foundation for continued success and growth. All aspects of the business are included in the sale, minimizing the start-up costs and allowing for a quick and efficient transition. Serious inquiries are encouraged to schedule a viewing and explore this exceptional opportunity further. This is a rare chance to acquire a profitable, established business in a desirable location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1981
Construction CONCRETE
Total area 44,697 SF
Lot 1.31 ac (57,174 SF)
Zoning code 7100:INDUSTRIAL,LIGHT MFG
APN 04-3002-071-0100
UPID US19-0310121

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.72M
Blend (final) Blend
$8.28M

Owner & transaction history

since 2021
Last sale
$7.7M
6 recorded transactions
2022
Price N/A
2021
$7.7M
2008
Price N/A
2003
$2.6M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

7100:INDUSTRIAL,LIGHT MFG · Hialeah, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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