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Property profile & analytics
OFF-MARKET
Estimated value
$1,440,000
Outlet malls
4900 4th Ave Hialeah, FL 33013-1509
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-3490429
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1953
Construction
CONCRETE
Total area
6,338 SF
Lot
0.29 ac (12,500 SF)
Zoning code
6500:COMMERCIAL,CLASSIF
APN
04-2131-020-0100
UPID
US18-3490429
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
-
Carvel Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.44M
CAP Approach
CAP
$1.70M
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.44M
Owner & transaction history
Avelino Bay LLC · 3 yrs held
Avelino Bay LLC
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
6500:COMMERCIAL,CLASSIF · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.3M
+34.8%
Neighborhood: shopping center
$1.8M
+6.9%
Commercial (general)
$1.8M
+4.4%
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
$1,335,000
ML approach
$1,435,000
CAP Approach
CAP Return
Estimation
6%
$1,835,000
6.5%
$1,695,000
7%
$1,575,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,705,000
Current use
AUTO REPAIR, GARAGE
$2,295,000
Change: +35% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,820,000
Change: +7% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,775,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$1.44M
Range $1.30M – $1.58M · ±10% · vs last sale $1.54M (Oct 24 2022)
Last sale anchor
$1.54M
Oct 24 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
$227 / 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
$23,086
Tax year 2023
Assessed value
$1,230,000
Assessed 2023
Previous assessed
$689,380
+78.4% YoY
Effective rate
1.88%
On assessed value
Assessed land
$812,500
Assessed improvement
$417,500
Land market value
$812,500
Improvement market value
$417,500
Total market value
$1,230,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1953
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
6,338 SF
Lot
0.29 ac (12,500 SF)
Zoning code
6500:COMMERCIAL,CLASSIF
APN
04-2131-020-0100
UPID
US18-3490429
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6500:COMMERCIAL,CLASSIF · Hialeah, FL
Zoning 6500:COMMERCIAL,CLASSIF · permitted uses
6500:COMMERCIAL,CLASSIF · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.8M
RETAIL STORES Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1953
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Avelino Bay LLC
Entity
Mailing address
PO BOX 777, HALLANDALE, FL 33008-0777
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2022
$1,535,000
Avelino Bay LLC
Ana Ruiz
Warranty Deed
$690,000 · Zarito LLC
Oct 24, 2022
—
Ana Ruiz
Odalio Ruiz
Intrafamily Transfer
related
—
May 26, 2021
$187,500
Erodio Diaz
Robert Diaz Erodio
Warranty Deed
related
—
May 21, 2021
—
Erodio Diaz
Erodio Diaz
Correction Deed
related
—
Nov 27, 2017
—
Marilyn C Yera
Yera Ada E
Quit Claim Deed
related
—
May 12, 2017
—
Marilyn C Yera
Yera Ada E
Quit Claim Deed
related
—
Oct 8, 2015
—
Erodio Diaz
Diaz,erodio
Quit Claim Deed
related
—
Oct 1, 2013
—
Erodio Diaz
Diaz,erodio
Quit Claim Deed
related
—
Sep 27, 2012
—
Erodio Diaz
Diaz,erodio
Quit Claim Deed
related
—
Nov 1, 2010
—
Erodio Diaz
Diaz,erodio
Quit Claim Deed
related
—
—
—
Rolando Giron
—
Deed Of Trust
related
$15,000 · Ocean Bank
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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