901 10Th AveHialeah, FL 33010

Property Details for 901 10Th Ave

Year built

1956

Construction

CONCRETE

Lot size

18.68 AC

Property size (Sq ft)

184,103 SF

Zone code

7100:INDUSTRIAL,LIGHT MFG

Property type

Retail properties

Property subtype

Community centers

APN

04-3117-000-0160

APU

431170000160

Description

Flamingo Plaza, located at 901 E 10th Ave, Hialeah, FL 33010, presents a significant retail opportunity. This multi-tenant property boasts a total of 256,227 square feet, with 10,500 square feet currently available for lease. Situated in Miami-Dade County, at the intersection of E 9th Street and E 10th Avenue, the plaza enjoys a prime location adjacent to the Leah Arts District, ensuring high visibility and foot traffic. The property offers ample parking with 877 spaces, providing convenient access for customers and employees. The building's classification is retail, with multiple units available, making it ideal for a variety of businesses. This is a unique chance to secure a substantial retail space in a thriving area of Hialeah, benefiting from its strategic location and substantial parking provisions. The available 10,500 square feet presents a blank canvas for a new tenant to establish a strong presence in a bustling commercial district. The property's size and location make it an attractive investment for businesses seeking to expand or establish themselves in a high-traffic area with excellent visibility. Interested parties are encouraged to inquire further to explore this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $76,730,720

  6.5%

  $70,828,352

  7%

  $65,769,184

• Comparable approach

  Method

  Valuation

  Relative Method

  $65,434,036

  Geo Method

  $65,434,036

• Alternative Use

  Use

  Valuation

  Residential

  $59,746,368

  Hospitality

  $54,727,352

  Educational

  $45,532,512

  Medical

  $47,098,448

  Retail

  $70,828,352

Location Insight

City

Hialeah

County

Miami-dade

State

Florida

Latitude

25.8327

Longitude

-80.2604

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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