Hialeah, Florida, is a prime location for investing in Commercial Real Estate for Sale, with its strong economy and growing population of approximately 220,000 residents. Commercial Real Estate in Hialeah represents a diverse range of investments, from retail and office spaces to industrial properties and hotels. These properties offer a unique opportunity to tap into the city's thriving commercial center, which is home to national retailers, mom-and-pop stores, and a mix of industries. Hialeah's infrastructure, including the Miami-Dade College Hialeah Campus, the Hialeah Dental Clinic, and various public parks, makes it an attractive location for businesses and residents alike. The city's geography, with its proximity to major transportation hubs like Interstate 75 and the Palmetto Expressway, also makes it an ideal location for commercial properties. Additionally, Hialeah is home to notable companies like Telemundo, and its recreational amenities, such as the historic Hialeah Park Race Track and Amelia Earhart Park, make it a great place for business and travel.
Hialeah's Commercial Real Estate market offers a range of opportunities, with 118 listings available for sale. The average price per square foot is $535 USD, and the average size of these properties is 15,565 square feet, with the largest property spanning 143,610 square feet. In addition to Commercial Real Estate, Hialeah is also home to Industrial Properties, which offer a range of industrial spaces for businesses; Apartment Buildings, which provide housing for the city's growing population; Office Properties, which cater to the city's commercial sector; and Hotels, which serve the city's tourists and business travelers. Overall, Hialeah's Commercial Real Estate market offers a unique opportunity to invest in a diverse range of properties, with its strong economy, growing population, and attractive location making it an ideal place to do business.
What financing options are available for purchasing commercial real estate?
When it comes to financing options for purchasing commercial real estate in Hialeah, there are several alternatives to consider, including:
- SBA Loans, which offer flexible terms and lower down payments, making them an attractive option for small business owners and entrepreneurs;
- Conventional Loans, which provide competitive interest rates and terms, often requiring a higher down payment;
- Private Money Loans, which offer more flexible terms and faster approval processes, but may come with higher interest rates and fees.
It's essential to carefully evaluate your financial situation, business goals, and property requirements to determine the most suitable financing option for your commercial real estate investment in Hialeah, where you can find 118 available listings with an average price per square foot of $535 USD and an average size of 15,565 square feet.
How do cap rates factor into commercial real estate purchases?
When considering commercial real estate purchases in Hialeah, cap rates play a crucial role in determining the potential return on investment. With an average cap rate of 5.73%, investors can gauge the property's potential income generation and make informed decisions about their investment, as explained in our article on what is a cap rate.
In Hialeah, where there are 118 available listings of commercial real estate, understanding cap rates is essential for investors to navigate the market effectively. By factoring in the cap rate, investors can assess the property's value and potential for generating revenue, ultimately helping them make a more informed decision about their commercial real estate purchase.
What is considered a commercial property?
In Hialeah, Florida, a commercial property is typically defined as a building or land used for business or commercial purposes, such as office spaces, retail stores, restaurants, warehouses, and industrial facilities, which can be found in the city's commercial center, Westland Mall, and along major thoroughfares like Interstate 75 and State Road 826.
With 118 available listings of commercial real estate in Hialeah, investors and business owners can find properties that suit their needs, ranging from small office spaces to large industrial facilities, with average prices per square foot of $535 USD, average sizes of 15,565 square feet, and largest sizes of up to 143,610 square feet, offering a range of opportunities for businesses to grow and thrive in the city.
