490 Hialeah Dr Hialeah, FL 33010
- Commercial land
- 28,176 SF
- 0.33 lot acres
Current Use by Public Records
- Commercial land
Property Details for 490 Hialeah Dr
- Year built
- 1957
- Construction
- CONCRETE
- Lot size
- 0.33 lot acres
- Property size
- 28,176 SF
- Zone code
- 6100:COMMERCIAL,NEIGHBRHD
- Property type
- Commercial land
- APN
- 04-3120-005-0110
- APU
- 431200050110
Description
This ±0.65-acre commercial land parcel presents a unique ground lease opportunity in Hialeah, Florida. Situated on a high-traffic corner of Hialeah Drive, between Okeechobee Road and LeJeune Road, this property boasts excellent visibility and accessibility. Its location within Hialeah's dense urban core makes it ideal for a variety of uses, including quick-service restaurants (QSRs), retail establishments, office space, or mixed-use developments. The CR zoning (Commercial Residential) allows for a 45% lot coverage, with the potential to develop up to 12,814 square feet of gross area per floor, and a maximum height of four stories (45 feet). Hialeah Drive offers a left-in turn lane for westbound traffic, ensuring convenient access. The property benefits from its proximity to a residential neighborhood, providing a ready-made customer base. The City of Hialeah is known for its high population density, with approximately 45,477 residents and 15,232 households within a one-mile radius, and 210,974 residents and 68,379 households within three miles. This strategic location, combined with the favorable zoning regulations, makes this property an exceptional investment opportunity. The property's high visibility and convenient access make it an attractive proposition for businesses seeking a prominent location in a thriving community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hialeah
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2715
- Latitude
- 25.8227
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA