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Property profile & analytics
OFF-MARKET
Manufacturing properties
7939 28th Ave Hialeah, FL 33016-5110
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2297922
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1990
Construction
CONCRETE
Total area
9,328 SF
Lot
0.49 ac (21,232 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
04-2027-027-0110
UPID
US18-2297922
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
-
Café Taberna Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
North Dade Commerce Park INC · 1 yrs held
North Dade Commerce Park INC
since 2025
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$22,799
Tax year 2023
Assessed value
$1,607,000
Assessed 2023
Previous assessed
$1,216,896
+32.1% YoY
Effective rate
1.42%
On assessed value
Assessed land
$594,496
Assessed improvement
$1,012,504
Land market value
$594,496
Improvement market value
$1,012,504
Total market value
$1,607,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1990
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
9,328 SF
Lot
0.49 ac (21,232 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
04-2027-027-0110
UPID
US18-2297922
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Hialeah, FL
Zoning 7100:INDUSTRIAL,LIGHT MFG · permitted uses
7100:INDUSTRIAL,LIGHT MFG · 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.
Building & site characteristics
From public records
Year built
1990
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
North Dade Commerce Park INC
Entity
Free & Clear · 1 yrs held
Mailing address
11840 NW 17TH PL, PLANTATION, FL 33323-2232
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2025
$4,500,000
North Dade Commerce Park INC
7939 Hialeah Warehouses LLC
Warranty Deed
—
Nov 2, 2017
$2,250,000
7939 Hialeah Warehouses LLC
Warehouses At Hialeah LLC
Trustees Deed
$1,575,000 · Firstbank Puerto Rico
Jul 18, 2012
$999,000
Warehouses At Hialeah LLC
Jal Ptshp Investments LLC
Warranty Deed
$975,000 · First Nat'l Bk/s Miami
Apr 18, 2005
$1,250,000
Jal Ptshp Investments Lllp
Herrera Family
Warranty Deed
$900,000 · Union Planters National Bank
Aug 1, 2003
—
Herrera Family LP
Herrera,homero & Dolores
Quit Claim Deed
related
—
—
—
Warehouses At Hialeah LLC
—
Loan Modification
related
$1,276,524 · First Nat'l Bk/s Miami
—
—
Warehouses At Hialeah LLC
—
Loan Modification
related
$1,050,000 · First Nat'l Bk/s Miami
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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