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Property profile & analytics
OFF-MARKET
Estimated value
$3,465,000
Retail residential properties
4260 Palm Ave Hialeah, FL 33012-4479
Entity Owned
3-yr Hold
Property ID
US18-4233207
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2020
Construction
CONCRETE
Total area
11,043 SF
Lot
0.26 ac (11,508 SF)
Zoning code
6500:COMMERCIAL,CLASSIF
APN
04-3106-045-0470
UPID
US18-4233207
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
-
El Flaco Supermarket Specialty Food Shop Supermarket
-
FORTUNA Tax & Immigration Services Consultant Divorce Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.18M
CAP Approach
CAP
$2.32M
Comparable Approach
Comparable
$4.16M
Blend (final)
Blend
$3.47M
Owner & transaction history
Palm 4260 LLC · 3 yrs held
Palm 4260 LLC
since 2022
Last sale
$3.4M
5 recorded transactions
Zoning & alternative use
6500:COMMERCIAL,CLASSIF · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.9M
+56.7%
Auto repair, garage
$4.0M
+29.2%
Neighborhood: shopping center
$3.2M
+2.4%
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
$4,330,000
ML approach
$4,180,000
CAP Approach
CAP Return
Estimation
6%
$2,510,000
6.5%
$2,320,000
7%
$2,155,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,095,000
Current use
MEDICAL BUILDING
$4,850,000
Change: +57% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,000,000
Change: +29% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,170,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$2,835,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$3.47M
Range $3.12M – $3.81M · ±10% · vs last sale $3.43M (Oct 24 2022)
Last sale anchor
$3.43M
Oct 24 2022
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
$314 / 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
$43,169
Tax year 2023
Assessed value
$2,300,000
Assessed 2023
Previous assessed
$1,330,000
+72.9% YoY
Effective rate
1.88%
On assessed value
Assessed land
$690,480
Assessed improvement
$1,609,520
Land market value
$690,480
Improvement market value
$1,609,520
Total market value
$2,300,000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
2020
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
3
Units
11
Bathrooms
11
Total area
11,043 SF
Lot
0.26 ac (11,508 SF)
Zoning code
6500:COMMERCIAL,CLASSIF
APN
04-3106-045-0470
UPID
US18-4233207
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6500:COMMERCIAL,CLASSIF · Hialeah, FL
Zoning 6500:COMMERCIAL,CLASSIF · permitted uses
6500:COMMERCIAL,CLASSIF · 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
COMMERCIAL (GENERAL) Current
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$4.9M
AUTO REPAIR, GARAGE
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
RETAIL STORES
Est. value
$2.8M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2020
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Units
11
Bathrooms
11
Lot
0.26 ac
Current owner
From public records · entity-resolved
Palm 4260 LLC
Entity
Mailing address
2290 NW 110TH AVE, MIAMI, FL 33172-1923
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2022
$3,432,000
Palm 4260 LLC
4260 Palm Ave LLC
Warranty Deed
$1,732,000 · Orix Real Estate Capital LLC
Apr 19, 2018
—
4260 Palm Ave LLC
—
Deed
related
$1,639,900 · Black River Partners I LLC
Oct 20, 2017
$412,000
4260 Palm Ave LLC
Sanchez,raul
Warranty Deed
$370,800 · Black River Partners I LLC
Oct 30, 2013
$270,000
Raul Sanchez
Ramos,robel
Warranty Deed
—
—
—
4260 Palm Ave LLC
—
Loan Modification
related
$1,639,900 · Black River Partners I 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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