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Property profile & analytics
OFF-MARKET
Estimated value
$1,655,000
Turn key restaurants
483 1st Ave Hialeah, FL 33010-4829
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-3653258
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1954
Total area
2,100 SF
Lot
0.15 ac (6,750 SF)
Zoning code
6401:COMMERCIAL
APN
04-3118-001-1480
UPID
US18-3653258
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
-
Walgreens Grocery & Convenience Store
-
Almendrares Pastry Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.66M
Owner & transaction history
Fege 483 LLC · 3 yrs held
Fege 483 LLC
since 2022
Last sale
$1.5M
5 recorded transactions
Zoning & alternative use
6401:COMMERCIAL · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,890,000
ML approach
$1,720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.66M
Range $1.49M – $1.82M · ±10% · vs last sale $1.50M (Aug 3 2022)
Last sale anchor
$1.50M
Aug 3 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
$788 / 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
$22,148
Tax year 2023
Assessed value
$1,180,000
Assessed 2023
Previous assessed
$335,739
+251.5% YoY
Effective rate
1.88%
On assessed value
Assessed land
$303,750
Assessed improvement
$876,250
Land market value
$303,750
Improvement market value
$876,250
Total market value
$1,180,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1954
Heating
NONE
Cooling
CENTRAL
Total area
2,100 SF
Lot
0.15 ac (6,750 SF)
Zoning code
6401:COMMERCIAL
APN
04-3118-001-1480
UPID
US18-3653258
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6401:COMMERCIAL · Hialeah, FL
Zoning 6401:COMMERCIAL · permitted uses
6401:COMMERCIAL · 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.
Building & site characteristics
From public records
Year built
1954
Heating
NONE
Cooling
Yes
Lot
0.15 ac
Current owner
From public records · entity-resolved
Fege 483 LLC
Entity
Mailing address
5544 SW 154TH PL, MIAMI, FL 33185-4189
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
Aug 3, 2022
$1,500,000
Fege 483 LLC
Mit Mazal 9341 LLC
Warranty Deed
$680,000 · Amerant Bank NA
Jun 29, 2020
$395,000
Mit Mazal 9341 LLC
Jp Investments LLC
Warranty Deed
$316,000 · Jp Investments LLC
Dec 6, 2011
$300,000
Jp Investments LLC
E M A Investment Corp
Warranty Deed
$200,000 · E M A Investment Corporation
—
—
Ema Investment Corp
—
Deed Of Trust
related
$85,000 · Continental Mutual Mtg Corp
—
—
Ema Investment Corp
—
Deed Of Trust
related
$55,000 · Continental Mutual Mtg Corp
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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