Property profile

650 Palm Ave COMM1 Hialeah, FL 33010

OFF-MARKET
Retail space
Property ID
US18-3328648
3,652 SF Built 2003
Entity Owned 5-yr Hold
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Total area 3,652 SF
Zoning code 3900:MULTI-FAM,38-62 U/A
APN 04-3118-049-0310
UPID US18-3328648

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
  • Apartment Complex
  • Financial Advisor Insurance Agency
  • Bar & Pub
  • Restaurant
  • Restaurant

Location

650 Palm Ave, Unit COMM1 Hialeah, FL 33010-4315
Hialeah metro Census 1605 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$975k
Comparable Approach Comparable
$900k
Blend (final) Blend
$940k

Owner & transaction history

since 2021
Last sale
$1.0M
4 recorded transactions
2021
$1.0M
2014
$750,000
2013
$1.1M
2006
Price N/A

Zoning & alternative use

3900:MULTI-FAM,38-62 U/A · Hialeah, FL
Top alternative use upside
Medical building $1.6M +62.5%
Office building $1.6M +60.0%
Auto repair, garage $1.3M +34.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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