Property profile

4010 8th Ave Hialeah, FL 33013

OFF-MARKET
Retail residential properties
Property ID
US18-5135214
4,014 SF 0.3 ac lot Built 1959
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1959
Construction CONCRETE
Total area 4,014 SF
Lot 0.3 ac (13,076 SF)
Zoning code 6600:COMMERCIAL,LIBERAL
APN 04-3105-005-2520
UPID US18-5135214

Cap rate & NOI

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

Location

4010 8th Ave Hialeah, FL 33013-2857
Hialeah metro Census 612 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2023
Last sale
$350,000
4 recorded transactions
2023
Price N/A
2003
$350,000
2003
Price N/A
1999
$325,000

Zoning & alternative use

6600:COMMERCIAL,LIBERAL · 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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