2498 3Rd CtHialeah, FL 33010

Property Details for 2498 3Rd Ct

Year built

1954

Construction

CONCRETE

Lot size

0.45 AC

Property size (Sq ft)

4,138 SF

Zone code

7300:INDUSTRIAL,HVY MFG

Property type

Manufacturing properties

APN

04-3107-009-0010

APU

431070090010

Description

This ±4,200 square foot freestanding warehouse building is situated on a spacious ±19,300 square foot lot in Hialeah, Florida, offering ample space and parking. The property boasts approximately 2,000 square feet of office space, perfect for administrative functions. Its M-3 zoning allows for a wide variety of industrial, commercial, and manufacturing uses, providing excellent flexibility for potential tenants. Logistics and distribution businesses will appreciate the convenient dock-high loading door, ramp, and loading platform with capacity for up to four positions. The 16-foot ceiling height maximizes vertical space, ideal for efficient storage and equipment maneuverability. The property's address is 2498 W 3rd Ct, Hialeah, FL 33010, and its APN is 04-31-07-009-0010. This single-tenant industrial property presents a unique opportunity for businesses seeking a functional and well-located warehouse in a thriving area. The property is zoned 7300.

• CAP approach

  CAP return

  Valuation

  6%

  $2,554,790

  6.5%

  $2,358,270

  7%

  $2,189,820

• Comparable approach

  Method

  Valuation

  Relative Method

  $933,798

  Geo Method

  $933,798

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,220,690

  Mixed-Use / Specialty

  $1,225,310

  Hospitality / Lodging

  $910,650

  Office

  $1,227,370

  Institutional / Educational

  $1,277,040

  Residential Income

  $1,494,130

  Multifamily

  $1,742,250

  Automotive / Energy

  $1,094,600

  Parking / Income-Based Land

  $368,871

  Restaurant / Food Service

  $656,438

  Healthcare / Senior Housing

  $1,247,330

Location Insight

City

Hialeah

County

Miami-dade

State

Florida

Latitude

25.8442

Longitude

-80.2892

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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