4265 8Th AveHialeah, FL 33013

  • Outlet malls
  • 1,238 SF
For Sale
$3,500,000 View listing

Property Details for 4265 8Th Ave

Year built
1951
Construction
CONCRETE
Lot size
0.09 AC
Property size (Sq ft)
1,238 SF
Zone code
6400:COMMERCIAL,CENTRAL
Property type
Outlet malls
APN
04-3105-001-5430
APU
431050015430

Description

This exceptional investment opportunity presents a portfolio of four properties located at 4265 E 8th Ave, Hialeah, Florida, 33013, in Miami-Dade County. Priced at $3,500,000, this multi-folio sale offers significant potential for redevelopment. Currently zoned for industrial use, the properties present a compelling rezoning opportunity for either residential or commercial development. The strategic location on E 8th Ave, near Le Jeune Road, ensures high visibility and maximum exposure for any future venture. The existing warehouse structures offer a solid foundation for conversion or expansion. This package deal is ideal for investors seeking a large-scale project with substantial upside potential. The properties are well-situated to accommodate multiple residential units and/or commercial buildings, making it a versatile investment. Further details regarding individual property specifications are available upon request. Don't miss this chance to acquire a prime Hialeah property with exceptional growth prospects. This is a unique opportunity to capitalize on a desirable location and a flexible zoning situation.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $515,975
    6.5%
    $476,285
    7%
    $442,265
  • Comparable approach

    Method
    Valuation
    Relative Method
    $440,011
    Geo Method
    $440,011
  • Alternative Use

    Use
    Valuation
    Residential
    $401,764
    Hospitality
    $368,014
    Educational
    $306,183
    Medical
    $316,713
    Retail
    $476,285

Location Insight

City
Hialeah
County
Miami-dade
State
Florida
Latitude
25.8616
Longitude
-80.2664
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,635
$240,000
$60,370
$300,370
-
$240,000
$60,370
$300,370

FAQs

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