Hialeah, FL
Commercial Real Estate Market Trends & Data
Hialeah's Demographic Profile
Hialeah has 66,850 households and a median income of $44,506, providing context for rent absorption and tenant demand across retail and multifamily assets. A -4% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 202,338 |
| # Households | 66,850 |
| Median age | 46 |
| Median household income | $44,506 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 36,389 |
| 5-year population change | -4% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Hialeah, FL
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Hialeah | $416 | 16,301 SF | 7.33% |
| Miami Lakes | $305 | 25,666 SF | 7.33% |
| Hialeah Lakes | $305 | 25,666 SF | 7.33% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Hialeah | $533 | 21,721 SF | 7.70% |
| Hialeah Gardens | $379 | 6,585 SF | 7.70% |
| Medley | $360 | 7,601 SF | 7.70% |
| Miami Lakes | $324 | 13,323 SF | 4.34% |
| Hialeah Lakes | $902 | 22,882 SF | 7.70% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Hialeah | $638 | 17,054 SF |
| Hialeah Gardens | $365 | 2,877 SF |
| Medley | $1,170 | 2,726 SF |
| Miami Lakes | $272 | 51,975 SF |
| Hialeah Lakes | $286 | 51,062 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Hialeah | $1,568 | 6,538 SF | 7.70% |
| Hialeah Gardens | $260 | 3,862 SF | 7.70% |
| Medley | $309 | 9,397 SF | 7.70% |
| Hialeah Lakes | $3,336 | 5,300 SF | 7.70% |
| Doral | $250 | 34,716 SF | 5.37% |
Commercial Properties For Sale in Hialeah
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Hialeah pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Hialeah | $550 | 18,579 SF |
| Hialeah Gardens | $370 | 8,842 SF |
| Medley | $546 | 7,141 SF |
| Miami Lakes | $314 | 20,837 SF |
| Hialeah Lakes | $751 | 26,179 SF |
Regional Demographic Comparison
This comparison places Hialeah alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Hialeah or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Hialeah | 202,338 | 66,850 | 46 | $44,506 | 3 | 36,389 | -4% |
| Hialeah Gardens | 20,346 | 6,252 | 45 | $55,239 | 3 | 2,567 | -4% |
| Medley | 2,861 | 363 | 42 | $42,972 | 3 | 154 | -1% |
| Miami Lakes | 28,399 | 10,301 | 43 | $89,055 | 3 | 3,781 | -3% |
| Hialeah Lakes | 99,490 | 34,385 | 41 | $60,716 | 3 | 18,203 | -3% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Hialeah, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Hialeah
Hialeah offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Hialeah. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Hialeah. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Hialeah. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Hialeah, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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