4010 8th Ave Hialeah, FL 33013-2857
- Retail residential properties
- 4,014 SF
- 0.30 lot acres
Current Use by Public Records
- Retail residential properties
Property Details for 4010 8th Ave
- Year built
- 1959
- Construction
- CONCRETE
- Lot size
- 0.30 lot acres
- Property size
- 4,014 SF
- Zone code
- 6600:COMMERCIAL,LIBERAL
- Property type
- Retail residential properties
- APN
- 04-3105-005-2520
- APU
- 431050052520
Description
This exceptional 13,076 square-foot retail property, located at 4010 E 8th Ave in Hialeah, Florida, presents a unique investment opportunity. Built in 1959, this corner lot property is ideally situated in the heart of Hialeah and is currently configured as an automotive dealership with general mechanical capabilities. The property boasts ample space to showcase and store up to 56 vehicles, secured by a gated entrance. The interior features a fully built-out office space, including a conference room offering a commanding view of the showroom. The double-unit structure includes two overhead hurricane-rated garage doors, ensuring both security and protection. Interior finishes include ceramic tile flooring, a kitchen, energy-efficient LED lighting, and three bathrooms. The property also includes three car lifts, enhancing its functionality for automotive services. Two dealer licenses and one general mechanical license are included in the sale, providing immediate operational capabilities. The asking price for this turnkey operation is $3,900,000. This property offers a rare combination of size, location, and existing infrastructure, making it an attractive investment for a variety of retail uses. The property's prime location in Hialeah, Florida, within Miami-Dade County (zip code 33013), ensures high visibility and accessibility.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $310,000
- 6.5%
- $305,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $275,000
- Geo Method
- $305,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $370,000
- Retail
- $300,000
- Mixed-Use
- $335,000
- Hospitality
- $370,000
- Educational
- $330,000
- Residential Income
- $320,000
- Energy
- $340,000
- Income-Based Land
- $310,000
- Food Service
- $295,000
Location Insight
- Map
- Local Demand
- City
- Hialeah
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.267
- Latitude
- 25.8593
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA