Individually Owned 
For Sale
1 / 42
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610 W 29Th St, Hialeah, FL 33012
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Property summary
AI-generated overview
This thriving restaurant, located at 610 W 29th Street in Hialeah, Florida, presents a fantastic investment opportunity. Priced at $85,000, this turnkey establishment is situated in a high-traffic area of Miami-Dade County, zip code 33012, offering significant potential for growth. Built in 1952, the property has undergone a complete remodel, eliminating the need for extensive renovations. The current menu can be maintained, or a new concept can be easily implemented to suit the buyer's vision. This flexibility allows for a seamless transition and immediate revenue generation. The property's prime location ensures consistent customer flow, providing a solid foundation for success. Adding to its appeal, the seller is open to providing financing to qualified buyers, making this an even more accessible acquisition. This is a rare opportunity to own a fully operational restaurant in a desirable location with the potential for significant returns. The property is categorized as retail, specifically a restaurant, and is ready for immediate occupancy. Serious inquiries only. Please contact the listing agent before visiting the property.
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1952
Construction
CONCRETE
Total area
2,300 SF
Lot
0.15 ac (6,628 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
04-3012-004-0020
UPID
US18-3505505
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$340k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$340k
Owner & transaction history
since 2025
1 recorded transaction
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Hialeah, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$340k
Value range
$306k – $374k
±10% around blend
Estimated value / SF
$148 / SF
Confidence
High
10 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$306k
blend $340k
$374k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,300 SF
Lot area
0.15 ac
Year built
1952
Stories
1
APN
04-3012-004-0020
Zoning
6400:COMMERCIAL,CENTRAL
Assessed value
$282,314
Annual tax
$5,299
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$795k
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.0 mi away · 2,132 SF
13.0 mi away · 2,496 SF
16.0 mi away · 1,800 SF
16.0 mi away · 1,800 SF
16.2 mi away · 2,807 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$340k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 34 sales
$280
-47%
County 734 sales
$674
-78%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $148/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$282k
Move the market yield to see immediate price impact.
Value / SF
$123
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$18k
$356k
$254k
$198k
$20k
$395k
$282k
$220k
$22k
$435k
$311k
$242k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$699k
7.5 mi · Feb 2026 · $251/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,299
Tax year 2023
Assessed value
$282,314
Assessed 2023
Previous assessed
$282,314
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$198,840
Assessed improvement
$83,474
Land market value
$198,840
Improvement market value
$83,474
Total market value
$282,314
Applied tax rate
400.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Status
For Sale
Year built
1952
Construction
CONCRETE
Heating
NONE
Stories
1
Units
2
Bathrooms
2
Total area
2,300 SF
Lot
0.15 ac (6,628 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
04-3012-004-0020
UPID
US18-3505505
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Hialeah, FLZoning 6400:COMMERCIAL,CENTRAL · permitted uses
6400:COMMERCIAL,CENTRAL · Hialeah, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1952
Construction
CONCRETE
Heating
NONE
Stories
1
Units
2
Bathrooms
2
Lot
0.15 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
6400:COMMERCIAL,CENTRAL
Jurisdiction
Hialeah, FL
Recorded code
6400:COMMERCIAL,CENTRAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 6400:COMMERCIAL,CENTRAL in Hialeah, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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