1051 29Th StHialeah, FL 33012

Property Details for 1051 29Th St

Year built

1972

Construction

CONCRETE

Lot size

0.24 AC

Property size (Sq ft)

9,606 SF

Zone code

6400:COMMERCIAL,CENTRAL

Property type

Outlet malls

APN

04-3012-016-0400

APU

430120160400

Description

This exceptional 3,800 square foot retail space is located at 1051 W 29th St #1 in Hialeah, Florida, 33012. The property is zoned 6400 and features a single-tenant occupancy. Recently updated, the space boasts fresh paint and new tile throughout. Ideal for a variety of retail businesses, the layout includes seven individual offices, a spacious open area, and two bathrooms. The unit is situated on the second floor and faces West 29th Street, offering excellent visibility and accessibility. The lease term is for one year. The property's APN is 04-30-12-016-0400. This is a fantastic opportunity for a business seeking a move-in ready, well-maintained space in a vibrant Hialeah location. The property's coordinates are latitude 25.848252 and longitude -80.303366. This listing presents a unique chance to establish or expand your business in a prime retail area.

• CAP approach

  CAP return

  Valuation

  6%

  $4,003,603

  6.5%

  $3,695,633

  7%

  $3,431,660

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,414,172

  Geo Method

  $3,414,172

• Alternative Use

  Use

  Valuation

  Residential

  $3,117,405

  Hospitality

  $2,855,526

  Educational

  $2,375,764

  Medical

  $2,457,470

  Retail

  $3,695,633

Location Insight

City

Hialeah

County

Miami-dade

State

Florida

Latitude

25.8483

Longitude

-80.3034

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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