6800 169Th StHialeah, FL 33015

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

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.

• 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

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

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