6800 169Th StHialeah, FL 33015

  • Retail properties
  • 18,867 SF
For Sale
$150,000 View listing

Property Details for 6800 169Th St

Year built
1979
Construction
CONCRETE
Lot size
3.63 AC
Property size (Sq ft)
18,867 SF
Zone code
6400:COMMERCIAL,CENTRAL
Property type
Retail properties
Property subtype
Outlet malls
APN
30-2014-018-0010
APU
3020140180010

Description

This thriving nail salon, located at 6800 NW 169th St, Hialeah, FL 33015, presents a unique investment opportunity. Built in 1979 and recently remodeled, this storefront boasts a modern interior and is fully equipped with workstations, ready for immediate operation. The property is situated in a high-end, high-traffic area of Miami-Dade County, ensuring excellent visibility and consistent foot traffic. The salon has cultivated a loyal clientele and enjoys a strong reputation for quality service, providing a solid foundation for continued success. A new air conditioning unit ensures optimal comfort for both staff and clients. The asking price is $150,000. This turnkey business offers a fantastic chance to acquire an established enterprise with immediate income potential and the possibility of expanding services to further increase profitability. The property's location in South Florida's vibrant market makes it an attractive investment for those seeking a stable and growing business. This is a rare opportunity to own a well-established business in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,460,686
    6.5%
    $6,886,788
    7%
    $6,394,874
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,705,724
    Geo Method
    $6,705,724
  • Alternative Use

    Use
    Valuation
    Residential
    $5,809,263
    Hospitality
    $5,321,254
    Educational
    $4,427,220
    Medical
    $4,579,480
    Retail
    $6,886,788
6800 169Th St, Hialeah, Florida

Location Insight

City
Hialeah
County
Miami-dade
State
Florida
Latitude
25.9257
Longitude
-80.3111
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
$105,704
$2,688,091
$4,011,909
$6,700,000
-
$2,688,091
$4,011,909
$6,700,000

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