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900 Palm Ave 2,006 SF Retail Building Hialeah, FL 33010 $2,000,000 ($997.01/SF)
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
$2,000,000
Price Per SF
$997.01
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
Property Taxes
| Parcel Number | 04-3118-001-4940 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $736,232 |
Property Taxes
Parcel Number
04-3118-001-4940
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$736,232
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900 Palm Ave
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