4798 10th Ln Hialeah, FL 33013-2126
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Estimated value (blended)
$1.01M
Range $909k – $1.11M (±10%)
Implied cap rate
7.60%
In-place · NOI ÷ last sale
Property ID
US18-3211639
Property summary
AI-generated overview
This Hialeah industrial property offers a flexible workspace ideal for various businesses. The 6,338-square-foot warehouse, built in 1955 and extensively renovated in 2024, is divisible down to 3,369 square feet, providing options for smaller tenants. The property sits on 0.23 acres and boasts 13 parking spaces, along with two convenient drive-in bays. The building features 3-phase power, a significant advantage for many industrial operations. Zoned as 7100 INDUSTRIAL - LIGHT MFG, this property is well-suited for a range of light manufacturing, distribution, or flex uses. A key feature is the inclusion of office space within the warehouse, providing a convenient workspace for administrative tasks. The property offers street-level entry for easy loading and unloading. The gross annual rent is $16 per square foot. Available for occupancy November 1st. The APN is 04-3105-004-0310. This is a multi-tenant property.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1955
Construction
CONCRETE
Total area
5,588 SF
Lot
0.23 ac (10,000 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
04-3105-004-0310
UPID
US18-3211639
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
-
Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.01M
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.01M
Owner & transaction history
since 2024
Last sale
$1.0M
3 recorded transactions
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Hialeah, FL
Top alternative use upside
Neighborhood: shopping center
$1.6M
+39.1%
Commercial (general)
$1.6M
+35.9%
Retail stores
$1.5M
+30.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 9 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.01M
Value range
$909k – $1.11M
±10% around blend
Estimated value / SF
$181 / SF
Confidence
High
9 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
90
$909k
blend $1.01M
$1.11M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,588 SF
Lot area
0.23 ac
Year built
1955
Stories
1
APN
04-3105-004-0310
Assessed value
$840,000
Annual tax
$10,925
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.19M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.29M
@ 6.5% CAP return
$1.19M
@ 7% CAP return
$1.10M
4
Sales comparison
Partial preview
Sales approach indication
$1.84M
Weighted, 9 comps · high confidence
Evidence
9 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.9 mi away · 4,352 SF
4.8 mi away · 5,820 SF
5.2 mi away · 5,725 SF
7.4 mi away · 6,788 SF
8.9 mi away · 6,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.01M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 32 sales
$206
-12%
Submarket 141 sales
$203
-11%
County 955 sales
$275
-34%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $181/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+39%
vs current-use indication
Commercial (general)
Retail Stores
Warehouse, Storage · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 9 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
7.60%
Implied, in-place cap rate for this warehouses
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.60%
9.0%
NOI (est.)
$71k *
Last sale · Oct 2024
$1.01M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$930k
Move the market yield to see immediate price impact.
Value / SF
$166
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.10%7.60%8.10%
$64k
$896k
$837k
$786k
$71k
$996k
$930k
$873k
$78k
$1.10M
$1.02M
$960k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
9 found
High confidence · county-verified
Closest comparable
$4.23M
3.6 mi · Aug 2025 · $609/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,925
Tax year 2023
Assessed value
$840,000
Assessed 2023
Previous assessed
$840,000
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$600,000
Assessed improvement
$240,000
Land market value
$600,000
Improvement market value
$240,000
Total market value
$840,000
Applied tax rate
400.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1955
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
5,588 SF
Lot
0.23 ac (10,000 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
04-3105-004-0310
UPID
US18-3211639
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Hialeah, FLZoning 7100:INDUSTRIAL,LIGHT MFG · permitted uses
7100:INDUSTRIAL,LIGHT MFG · Hialeah, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1955
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.23 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
7100:INDUSTRIAL,LIGHT MFG
Jurisdiction
Hialeah, FL
Recorded code
7100:INDUSTRIAL,LIGHT MFG
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 7100:INDUSTRIAL,LIGHT MFG in Hialeah, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4798 10th Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
