2360 68Th StHialeah, FL 33016

Property Details for 2360 68Th St

Year built

1987

Construction

CONCRETE

Lot size

2.08 AC

Property size (Sq ft)

23,559 SF

Zone code

6400:COMMERCIAL,CENTRAL

Property type

Retail properties

Property subtype

Community centers

APN

04-2034-148-0020

APU

420341480020

Description

This established smoke shop in Hialeah, Florida, presents a compelling investment opportunity. Located at 2360 W 68 Street #122, 33016, Miami-Dade County, this profitable retail business boasts a strong customer base and significant growth potential. The asking price is $360,000. The property is categorized as a retail business and enjoys a prime location within the vibrant Hialeah community. This turnkey operation is ready for a new owner to continue its success. While potential buyers are welcome to visit the shop for a firsthand look, it's crucial to refrain from engaging employees with sale-related inquiries. All questions regarding the sale should be directed through the appropriate channels. This presents a rare chance to acquire a well-established and profitable business in a high-traffic area, offering immediate returns and long-term growth prospects. The property's geographic coordinates are latitude 25.8834595 and longitude -80.3308957. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $9,818,954

  6.5%

  $9,063,650

  7%

  $8,416,247

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,373,358

  Geo Method

  $8,373,358

• Alternative Use

  Use

  Valuation

  Residential

  $7,645,528

  Hospitality

  $7,003,262

  Educational

  $5,826,632

  Medical

  $6,027,019

  Retail

  $9,063,650

Location Insight

City

Hialeah

County

Miami-dade

State

Florida

Latitude

25.8837

Longitude

-80.3308

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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