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Investment Highlights

  • Site has average daily traffic counts of 35,000

Executive Summary

Commercial Auto Lot on one of Hialeah’s Busiest, Highest Traffic Commercial Corridors, Palm Ave. A 13,400 sqft lot with a 1500 sqft office on site. Tenant lease up in November ‘24. Buyer can retain the tenant, re-lease at a higher number or self-occupy. Site has average daily traffic counts of 35,000, meaning a constant supply of hungry consumers crossing your path daily. C-2 zoning offers great flexibility for retail uses. Several new projects in the immediate vicinity are bringing new vitality to Hialeah, which has long stood as one of Miami’s most solid middle-class industrious neighborhoods.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,006 SF
Building Class
C
Year Built
1959
Price
$2,727,320 CAD
Price Per SF
$1,359.58 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.31 AC
Opportunity Zone
Yes
Zoning
CR - General Commercial
Parking
16 Spaces (7.98 Spaces per 1,000 SF Leased)
Frontage
116’ on Palm Ave

Amenities

  • Bus Line
Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100

Nearby Major Retailers

Truist
Starbucks
Publix
Bank of America
Sedano's
Regions Bank
Chase Bank
Ocean Bank

Property Taxes

Property Taxes

Parcel Number
04-3118-001-4940
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,003,970 CAD
  • Listing ID: 32403966

  • Date on Market: 2024-07-10

  • Last Updated:

  • Address: 900 Palm Ave, Hialeah, FL 33010

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