4890 2nd Ln Hialeah, FL 33012-4363
- Office buildings
- 1,384 SF
- 0.15 lot acres
Current Use by Public Records
- Hying Dumpster / Dumpster Rental Service
- Pure Roofing / Roofing Contractor
- Benessere Miami (Hialeah office) / Acupuncture Clinic
Property Details for 4890 2nd Ln
- Year built
- 1953
- Construction
- CONCRETE
- Lot size
- 0.15 lot acres
- Property size
- 1,384 SF
- Zone code
- 4800:PLANNED RESID OFFICE
- Property type
- Office buildings
- APN
- 04-3106-062-0150
- APU
- 431060620150
Description
This 1,375 square foot medical office building in Hialeah, Florida, is offered for sale at $975,000. Built in 1953 and situated on a lot with unspecified square footage, the property boasts five exam rooms, a break room, and a full bathroom. Recent renovations include new flooring, baseboards, paint, doors, and a washer and dryer. A significant upgrade was the installation of a 5-ton Trane AC unit in 2022. All updates adhere to Hialeah city codes, encompassing termite fumigation, electrical improvements, a new trash enclosure, landscaping enhancements, and an asphalt parking area with handicap accessibility. The property enjoys a highly advantageous location on a main road with a daily traffic count of 41,500 vehicles. Zoned RO-Planned Residential Office, the building is ideally suited for a wide range of professional services, including medical practices, legal offices, and various other business types operating within an office setting. This turnkey opportunity presents a ready-to-occupy space for immediate operation, eliminating the need for extensive renovations or upgrades. The property's prime location and recent improvements make it an attractive investment for those seeking a well-maintained and functional office space in a high-traffic area. The address is 4890 W 2nd Lane, Hialeah, FL 33012.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $730,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $885,000
- 6.5%
- $780,000
- 7%
- $750,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $875,000
- Geo Method
- $745,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $730,000
- Retail
- $745,000
- Mixed-Use
- $690,000
- Hospitality
- $895,000
- Educational
- $705,000
- Residential Income
- $790,000
- Energy
- $845,000
- Income-Based Land
- $815,000
- Food Service
- $900,000
Location Insight
- Map
- Local Demand
- City
- Hialeah
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2882
- Latitude
- 25.8665
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
