Fenced Truck-Scale Industrial
For Sale
$8,900,000
150 SW 14 Avenue, Homestead, FL 33030
COMMERCIAL - FL
Property Size21,738 SF
Lot Size4.74 Acres
Price / SF$409.42
Days on Market60
Property Features for 150 SW 14 Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
OTH - Key Colony Other Zo
Appliances
No Appliances
Subdivision
Other (999.9)
View
Water
Directions
1 lot to South on the Corner of Mowry Dr and Redland Road. Property fronts Redland Road
Standard status
Active
APN
1078140001032
Lot size
4.74 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
14 57 38 4.74 Ac S1/2 Of Ne1/4 Of Ne1/4 Of Se1/4 Less E35ft Lot Size Irregular Or 19564-4131 0301 4
Tax Annual Amount
29520
Legal Description
14 57 38 4.74 Ac S1/2 Of Ne1/4 Of Ne1/4 Of Se1/4 Less E35ft Lot Size Irregular Or 19564-4131 0301 4
Building Details
Year built
1969
Building materials
CBS, Concrete
Listing Agency:
Coldwell Banker Schmitt Key Largo
(305) 451-4422
Listed By:
Yvette Doherty · License #3281170
(786) 236-8158
Added: Jun 8
Changed: Aug 4
Last Checked: Aug 6 at 3:06AM
MLS# 620210
Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4.75-acre industrial property includes approximately 21,738 square feet of warehouse space on fully fenced land. The facility is constructed with durable twin-T concrete roofing and CBS block walls, and it features a commercial truck scale. Built to support operational requirements, the site is set up to accommodate a range of industrial uses such as warehousing, distribution, logistics, manufacturing, moving and storage, and fleet-based businesses. The property also provides outdoor space for equipment staging, vehicle parking, and container storage.
The site has approximately 328 feet of frontage on Redland Road (SW 187 Avenue) and extends approximately 632 feet in depth, offering practical room for both operations and yard needs. It is located within the Urban Development Boundary (UDB), supporting accessibility and operational flexibility.
For buyers and operators seeking an industrial property with yard capability, the combination of fenced perimeter, warehouse improvements, and truck-scale infrastructure can support day-to-day handling and throughput for logistics- and fleet-oriented tenants. The depth of the site also allows for outdoor storage and staging alongside the warehouse, which can help streamline workflows for distribution, storage, or moving and logistics businesses.
The site has approximately 328 feet of frontage on Redland Road (SW 187 Avenue) and extends approximately 632 feet in depth, offering practical room for both operations and yard needs. It is located within the Urban Development Boundary (UDB), supporting accessibility and operational flexibility.
For buyers and operators seeking an industrial property with yard capability, the combination of fenced perimeter, warehouse improvements, and truck-scale infrastructure can support day-to-day handling and throughput for logistics- and fleet-oriented tenants. The depth of the site also allows for outdoor storage and staging alongside the warehouse, which can help streamline workflows for distribution, storage, or moving and logistics businesses.
Key Highlights
- 4.75‑acre industrial property with approximately 21,738 SF warehouse space in Homestead, FL
- Fully fenced site with approximately 328 ft frontage on Redland Rd (SW 187 Ave) and approx. 632 ft depth
- Constructed in 1969 with CBS block walls and durable concrete roofing
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $354.8k | $16.32 |
| − Vacancy | −$19.5k | −$0.90 |
| EGI | $335.3k | $15.42 |
| − OpEx | −$50.3k | −$2.31 |
| NOI | $285.0k | $13.11 |
21,738 SF · lease $16.32/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$4.07M
$3.56M – $4.75M
NOI $284,964 @ 7.0% cap · market cap 3.20%
Second Best
Industrial
$3.35M
$2.93M – $3.91M
NOI $234,676 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$11.03M
$9.65M – $12.87M
NOI $772,002 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
574
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33030, FL
36,776
Population
11,217
Households
3.3
Avg Household Size
33
Median Age
15%
College-Educated
61%
High-School Grad
17.6 sq mi
ZIP Area
2,090
Density / Sq Mi
$43,231
Median Household Income
$28,214
Median Earnings
$1,307
Median Rent
$382,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Self Storage — 715 W Mowry Dr, Homestead, FL 33030
- North American Moving Services — 32100 SW 187th Ave Suite A, Homestead, FL 33030
- Homestead Transfer and Storage — 32100 SW 187th Ave, Homestead, FL 33030
Frequently Asked Questions
What type of property is this?
Warehouse - A fenced industrial site with warehouse space, truck scale, and long Redland Road frontage for logistics and fleet operations.
Where is this warehouse located?
The property is located at 150 SW 14 Avenue Homestead, FL.
What is the asking price?
The asking price for this property is $8,900,000.
What are key features of this property?
This property features: 4.75‑acre industrial property with approximately 21,738 SF warehouse space in Homestead, FL; Fully fenced site with approximately 328 ft frontage on Redland Rd (SW 187 Ave) and approx. 632 ft depth; Constructed in 1969 with CBS block walls and durable concrete roofing
