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    8601 186th St Hialeah, FL 33015-2553

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    8601 186th St Hialeah, FL 33015-2553

    View on Map
    • Outlet malls
    • 94,651 SF
    • 8.69 lot acres
    Off-Market
    Property ID
    US18-2942528
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $11,940,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Publix Pharmacy at Gardens Square / Pharmacy
    • City National Bank - Presto ATM / Atm
    • Amerigas Propane Exchange / Propane Supplier
    • Presto! ATM at Publix Super Market / Atm
    • Western Union / Bank / Credit Union

    Property Details for 8601 186th St

    Year built
    1991
    Construction
    CONCRETE
    Lot size
    8.69 lot acres
    Property size
    94,651 SF
    Zone code
    6200:COMMERCIAL,ARTERIAL
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    30-2003-025-0010
    APU
    3020030250010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3412
    Latitude
    25.9435
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $215,471
    $9,458,375
    $4,684,125
    $14,142,500
    -
    $9,458,375
    $4,684,125
    $14,142,500

    Comparable in this City

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      $26,915,000
      237,299 SF

      5851 177th St

      WHOLESALE OUTLET, DISCOUNT STORE • 237,299 SF
      5851 177th St, Hialeah, FL 33015-5127
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    • Value Estimation
      $1,430,000
      7,538 SF

      5751 183rd St

      WHOLESALE OUTLET, DISCOUNT STORE • 7,538 SF
      5751 183rd St, Hialeah, FL 33015-6022
      View Details
    • Value Estimation
      $1,520,000
      8,317 SF

      18421 67th Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 8,317 SF
      18421 67th Ave, Hialeah, FL 33015-3413
      View Details
    • Value Estimation
      $13,745,000
      118,951 SF

      17250 57th Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 118,951 SF
      17250 57th Ave, Hialeah, FL 33015-5100
      View Details
    • Value Estimation
      $11,765,000
      84,013 SF

      18600 67th Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 84,013 SF
      18600 67th Ave, Hialeah, FL 33015-2406
      View Details
    • Value Estimation
      $4,530,000
      34,899 SF

      18505 75th Pl

      WHOLESALE OUTLET, DISCOUNT STORE • 34,899 SF
      18505 75th Pl, Hialeah, FL 33015-2981
      View Details

    Similar Nearby for Sale

    • $250,000

      Hialeah Storefront: Prime Retail Space

      Turnkey Beauty Salon; High Traffic Location
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    • $110,000
      1,000 SF

      Established Beauty Salon Business Opportunity

      Turnkey beauty salon for sale in Miami Lakes.
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    • $3,900,000

      Hialeah Retail Investment Opportunity

      Well-maintained retail property with established business and additional tenants.
      17851 NW 78Th Ave, Hialeah, FL 33015
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    • $90,000

      Hialeah Beauty Salon Opportunity

      Miami area beauty salon for sale in Hialeah.
      16774 NW 67Th Ave, Hialeah, FL 33015
      View Details
    • $85,000

      Turnkey Beauty Salon in Hialeah

      Fully operational beauty salon in high-traffic Hialeah location.
      Beauty Salon For Sale In Hialeah, Hialeah, FL 33015
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Miami Gardens

      Grocery-anchored shopping center under construction, opening 1st Qtr 2027.
      87Th Ave, Miami Gardens, FL 33015
      View Details
    • Contact for pricing
      1,750 SF

      Retail Space in Hialeah, FL

      Retail space available in Hialeah with strong tenant mix.
      16709-16927 NW 67Th Ave, Hialeah, FL 33015
      View Details
    • Contact for pricing
      4,740 SF

      Restaurant Space with Drive-Thru Lanes

      4,740 SF restaurant space with three drive-thru lanes.
      17930 Northwest 57Th Ave, Hialeah, FL 33015
      View Details
    • Contact for pricing

      Dry Clean Drop Store

      Second generation dry clean drop store available for rent.
      16800 NW 67Th Ave, Hialeah, FL 33015
      View Details
    • Contact for pricing

      Retail Space on Red Road

      Retail space with high visibility and ample parking.
      17768 NW 57Th Ave, Hialeah, FL 33015
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Miami Gardens, Florida.
      6400 NW 186Th St, Miami Gardens, FL 33015
      View Details

    Property Visit Statistics

    • Visits by month
      105.1k
    • Visitors by month
      45.5k
    • Avg Time on site
      23 min
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    Hialeah, FL 33015-2553
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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