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601 W 49th St - Hialeah Development Opportunity 1.16 Acres of Commercial Land Offered at $9,995,000 in Hialeah, FL 33012
INVESTMENT HIGHLIGHTS
- Hialeah is one of Florida’s most densely populated cities, providing a strong and diverse customer base.
- The Walmart Neighborhood Market in proximity brings in over 1.3 million visitors per year and ranks 4th in Florida.
- Westland Mall, located nearby, attracts over 5.1 million visitors yearly, with major retailers like Macy's and H&M among the top performers in Florida
- The site is strategically located with easy access to major highways, Miami International Airport, and Port Miami.
- Palm Springs Mile, a top power center, receives over 6.1 million visits annually and ranks 1st out of 58 nationwide.
EXECUTIVE SUMMARY
- The city is one of the most densely populated cities in the state, providing a strong customer base. Additional housing needed in the heart of workforce.
- The LA Fitness that is shadow to our center and gets more than 636k visitors a year and ranks second in the state of Florida and ranks 30th out of 511 nationwide
- The Walmart Neighborhood Market - Gets over $1.3 million visitors a year and ranks 4th out of 97 in the state of Florida and 71st out of 674 stores nationally
- Palm Springs Mile - Over 6.1 million visits yearly. Ranks 1st out of 58 Power Centers nationwide Ranks 26th/844Nationwide
- Westland Mall – Over 5.1 million visits yearly. Major retailers like Macy’s, Footlockers, Outback and Hobby Lobby, H&M all rank in the top 3 of those retailers in the state. This mall ranks 17th/39 Super Regional Malls in the state of Florida and 262/500 nationwide
PROPERTY FACTS
| Price | $9,995,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.16 AC |
| Zoning | C-1 - Zoning allows for small-scale commercial establishments like convenience stores, cafes, and small offices, serving the immediate neighborhood | ||
| Price | $9,995,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.16 AC |
| Zoning | C-1 - Zoning allows for small-scale commercial establishments like convenience stores, cafes, and small offices, serving the immediate neighborhood |
1 LOT AVAILABLE
Lot
| Price | $9,995,000 | Lot Size | 1.16 AC |
| Price Per AC | $8,616,379.31 |
| Price | $9,995,000 |
| Price Per AC | $8,616,379.31 |
| Lot Size | 1.16 AC |
The property sits on 1.16 acres with a total of 50,664 square feet and is zoned C-1.
DESCRIPTION
601 W 49th St, Hialeah, FL 33012 offers a prime development opportunity in a high-demand area just 10 miles northwest of downtown Miami. The property is strategically located with easy access to major highways, Miami International Airport, and Port Miami. Hialeah is one of Florida’s most densely populated cities, creating a strong customer base and a need for additional housing in the area. The site benefits from proximity to high-traffic destinations, including LA Fitness, which draws over 636,000 visitors annually, Walmart Neighborhood Market with 1.3 million visitors per year, Palm Springs Mile, the top-ranked power center in the nation with over 6.1 million visits annually, and Westland Mall, which attracts 5.1 million visitors each year with major retailers like Macy’s, Outback, and H&M. This location offers tremendous potential for development in a vibrant, high-traffic market.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $2,784,042 |
PROPERTY TAXES
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601 W 49th St - Hialeah Development Opportunity
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