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Property profile & analytics
OFF-MARKET Estimated value $2,710,000
Outlet malls

45 3rd St Hialeah, FL 33010-4753

6,146 SF 0.46 ac lot Built 1983
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-3840502
Property summary
AI-generated overview

This 9-unit retail center, located at 45 W W 3rd St, Hialeah, FL 33010, presents a compelling investment opportunity. Built in 1983, the property is situated on heavily trafficked W Okeechobee Rd (SR 2), offering convenient access to the Hialeah business district. All nine units are currently leased to established tenants, including a restaurant, jewelry store, dental practice, beauty salon, and other retail businesses. Each unit features individual water and electric meters, simplifying management. A recent 40-year inspection has been completed. The property offers significant potential for future redevelopment, although buyers are advised to independently verify details with the City of Hialeah regarding permitted uses. The asking price is $3,100,000. This well-established shopping center provides a strong cash flow with the potential for significant long-term appreciation. The property's prime location and diverse tenant mix make it an attractive investment for both seasoned investors and developers seeking a high-return opportunity in a thriving market. Contact for more information and scheduling a viewing.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1983
Construction CONCRETE
Total area 6,146 SF
Lot 0.46 ac (20,190 SF)
Zoning code 6401:COMMERCIAL
APN 04-3118-001-1020
UPID US18-3840502
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.58M
CAP Approach CAP
$1.65M
Comparable Approach Comparable
$1.89M
Blend (final) Blend
$2.71M
Owner & transaction history
Zodrokee LLC · 1 yrs held
Zodrokee LLC
since 2025
Last sale
$2.8M
7 recorded transactions
2025
Price N/A
2025
$2.8M
2022
Price N/A
2017
Price N/A
2006
Price N/A
1997
$500,000
1969
Price N/A
Zoning & alternative use
6401:COMMERCIAL · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $2.7M +62.5%
Office building $2.7M +60.0%
Auto repair, garage $2.2M +34.0%
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