3700 16Th AveHialeah, FL 33012

Property Details for 3700 16Th Ave

Year built

1981

Construction

CONCRETE

Lot size

1.31 AC

Property size (Sq ft)

44,697 SF

Zone code

7100:INDUSTRIAL,LIGHT MFG

Property type

Office properties

Property subtype

Office buildings

APN

04-3002-071-0100

APU

430020710100

Description

This thriving Hialeah business, located at 3700 W 16th Ave, 33012, in Miami-Dade County, Florida, presents a fantastic investment opportunity. Established in 1981, this well-regarded meat market and grocery store is offered at an asking price of $175,000. The sale includes all necessary accessories, machinery, and existing inventory, ensuring a smooth transition for the new owner. The business benefits from a loyal and well-established customer base, built over many years of operation within the community. Situated in West Hialeah, the property enjoys a convenient location with high foot traffic potential. This turnkey operation is ideal for an entrepreneur seeking an immediate return on investment in a proven, profitable business model. The property's prime location and strong customer base provide a solid foundation for continued success and growth. All aspects of the business are included in the sale, minimizing the start-up costs and allowing for a quick and efficient transition. Serious inquiries are encouraged to schedule a viewing and explore this exceptional opportunity further. This is a rare chance to acquire a profitable, established business in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $12,672,708

  6.5%

  $11,697,884

  7%

  $10,862,321

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,304,065

  Geo Method

  $6,304,065

• Alternative Use

  Use

  Valuation

  Residential

  $14,505,377

  Hospitality

  $13,286,847

  Educational

  $11,054,501

  Medical

  $11,434,682

  Retail

  $17,195,890

Location Insight

City

Hialeah

County

Miami-dade

State

Florida

Latitude

25.8557

Longitude

-80.315

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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