3157 4Th AveHialeah, FL 33013

Property Details for 3157 4Th Ave

Year built

1972

Construction

CONCRETE

Lot size

0.14 AC

Property size (Sq ft)

2,646 SF

Zone code

6500:COMMERCIAL,CLASSIF

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

04-3108-004-0260

APU

431080040260

Description

This exceptional 5,963-square-foot office space in Hialeah is available for lease as a single-tenant occupancy. The property consists of two units, each equipped with a bathroom, ideally suited for a business requiring contiguous space. The lease includes three assigned parking spaces – two standard and one handicap-accessible. Tenants are responsible for renters insurance and a portion of the real estate taxes, as outlined in the lease agreement. All other utilities are included in the rental rate: water, sewer, and garbage disposal are covered. The property is zoned 6500 and its APN is 04-31-08-004-0260. This location offers excellent accessibility and visibility within Hialeah, making it an attractive option for businesses seeking a well-maintained and conveniently located office space. The building comprises a single suite, providing a private and secure environment for the tenant. This all-inclusive lease simplifies budgeting and management, allowing businesses to focus on their core operations. The property's strategic location in Hialeah ensures easy access to major transportation routes and a vibrant business community.

• CAP approach

  CAP return

  Valuation

  6%

  $930,256

  6.5%

  $858,698

  7%

  $797,362

• Comparable approach

  Method

  Valuation

  Relative Method

  $578,447

  Geo Method

  $578,447

• Alternative Use

  Use

  Valuation

  Residential

  $858,698

  Hospitality

  $786,563

  Educational

  $654,411

  Medical

  $676,917

  Retail

  $1,017,973

Location Insight

City

Hialeah

County

Miami-dade

State

Florida

Latitude

25.851

Longitude

-80.2743

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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