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Hialeah, FL High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Hialeah, Florida Market population: 229K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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⭐ Featured

Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF

πŸ“Š Avg Property Tax Rate For Hialeah FL Properties: 1.1200%

πŸ“Š Average Income For Hialeah FL Commercial Property: $29,961

Investor Questions For Hialeah FL

Common questions from investors exploring commercial real estate in Hialeah FL.

What is the overall investment potential of Hialeah, FL, considering its demographic and economic factors? +
The 22.7% poverty rate combined with a 75.1% health insurance coverage suggests a working-class market with some employment stability, while the top industries in Public Administration, Information, and Educational Services, & Health Care & Social Assistance indicate a diverse economy. The 24-minute average commute time and 47% homeownership rate also suggest a relatively stable quality of life for residents.
How does the ethnic diversity and income inequality in Hialeah impact the rental market? +
The city's ethnic diversity, with 48.2% Hispanic, 40.2% White, and 6.5% Two Or More populations, contributes to a vibrant cultural scene, while the 0.445 GINI coefficient indicates a moderate level of income inequality. This, combined with a median household income of $29,961, suggests a rental market with a mix of affordable and higher-end options.
What are the key factors to consider when evaluating the stability of the Hialeah real estate market? +
The 24-minute average commute time, with top commute methods including driving alone, working from home, and carpooling, indicates a relatively convenient and flexible transportation system. Additionally, the 75.1% health insurance coverage and 47% homeownership rate suggest a stable quality of life, while the $161,200 median property value and $35,471 median property taxes provide insight into the market's affordability and potential for appreciation.
How do the top industries in Hialeah influence the local job market and, by extension, the rental demand? +
The presence of top industries such as Public Administration, Information, and Educational Services, & Health Care & Social Assistance contributes to a diverse and relatively stable job market, with 97,472 employed individuals. This, in turn, drives rental demand, particularly for affordable and mid-range housing options, given the city's median household income of $29,961 and 22.7% poverty rate.
What is the outlook for property appreciation and rental yields in Hialeah, considering its demographic and economic trends? +
The combination of a 47% homeownership rate, $161,200 median property value, and 24-minute average commute time suggests a relatively stable and potentially appreciating market. Additionally, the city's diverse economy, with top industries in Public Administration, Information, and Educational Services, & Health Care & Social Assistance, contributes to a positive outlook for rental yields, particularly for investors targeting the affordable and mid-range segments of the market.

Hialeah FL Real Estate & City Facts

Key facts and real estate information about Hialeah FL.

What are some of the best neighborhoods to live in Hialeah? +
Some of the best neighborhoods to live in Hialeah include West Esplanade, Miami Lakes, Hialeah Gardens, Hialeah Park, and Miami Springs. These neighborhoods offer a range of housing options, from affordable to luxury, and are known for their safety, amenities, and community vibe. However, it's worth noting that some areas of Hialeah can be quite crowded and noisy, so it's worth doing your research and visiting in person before making a decision.
What are some fun things to do in Hialeah? +
Hialeah has a lot to offer when it comes to things to do, including visiting the famous Hialeah Park Race Track, exploring the Hialeah Art scene, and enjoying the outdoors at Amelia Earhart Park. You can also check out the Milander Center, which hosts a variety of events and exhibitions throughout the year. Additionally, there are plenty of great restaurants and bars to try, such as EL Patio Live By Restaurant and La Bodeguita Restaurant. If you're looking for something unique, you could also visit the Nude Nite art exhibition or play a round of golf at one of the local courses.
What is the food scene like in Hialeah? +
The food scene in Hialeah is incredibly diverse and vibrant, with a wide range of cuisines to try. You can find everything from traditional Cuban cuisine at La Romanita Restaurant & Lounge, to Mediterranean cuisine at Sufrat Mediterranean Grill, to Italian cuisine at Da Angelino Cucina Italiana. There are also plenty of great food trucks and street food vendors to try, such as Jama Benn Jama. If you're looking for a unique dining experience, you could try EL Patio Live By Restaurant, which offers a range of international dishes in a lively and atmospheric setting.
What are the pros and cons of living in Hialeah? +
The pros of living in Hialeah include its diverse and vibrant community, its wide range of amenities and activities, and its relatively affordable housing options. However, some of the cons include the city's crowded and noisy streets, its high crime rate, and its limited job opportunities. Additionally, some areas of Hialeah can be quite run-down and neglected, which can be a turn-off for some people. Overall, whether or not Hialeah is a good place to live depends on your individual priorities and preferences.
Is Hialeah a good place to live? +
Whether or not Hialeah is a good place to live depends on your individual priorities and preferences. On the one hand, the city offers a unique and vibrant cultural experience, a wide range of amenities and activities, and relatively affordable housing options. On the other hand, it can be quite crowded and noisy, and some areas of the city are plagued by crime and neglect. If you're looking for a diverse and exciting community with a lot to offer, Hialeah might be a great choice for you. However, if you prioritize peace and quiet, safety, and a more suburban lifestyle, you might want to consider other options.
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