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Property profile & analytics
OFF-MARKET
Automotive properties

5600 8th Ave Hialeah, FL 33013-1360

2,420 SF 0.36 ac lot Built 1951
Entity Owned 28-yr Hold Absentee Owner Free & Clear
Property ID
US18-4525997
Property summary
AI-generated overview

This exceptional Hialeah, FL retail property at 5600 E 8th Ave offers a unique opportunity for automotive businesses. The single-tenant space totals 3,279 square feet and is zoned 6400. However, this listing presents a combined opportunity with an adjacent lot (not included in the 3,279 sq ft), creating a substantial car dealership space. The combined rental area encompasses 11,264 square feet, with two side-by-side lots and a secure garage featuring two rolling doors, each accessing a separate car bay. The property boasts updated offices and ample space to accommodate up to 55 vehicles, maximizing sales and visibility. Its prime corner location in Hialeah, FL (zip code 33013) ensures high traffic, with the Florida Department of Transportation reporting 15,800 vehicles passing daily. The individual lot at 5600 E 8th Ave is available for $6,000 per month, while the adjacent lot (5612 E 8th Ave) is available for $8,500 per month. The combined rental rate for both lots is $14,500 per month. The APN is 04-21-32-006-0060. This property presents a rare chance to establish or expand an automotive business in a high-demand location.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1951
Construction CONCRETE
Total area 2,420 SF
Lot 0.36 ac (15,820 SF)
Zoning code 6400:COMMERCIAL,CENTRAL
APN 04-2132-006-0060
UPID US18-4525997
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
  • Mia repos Car Dealership
  • CarPlus+ Auto Sales Car Dealership
  • Golden Auto Car Dealership
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
VEW INVESTMENTS INC
VEW INVESTMENTS INC
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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