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1703 E Mowry Dr, Homestead, FL 33033

4.22-acre development site in Homestead, Florida, with redevelopment potential.

Property SizeContact for details
Lot Size4.22 Acres
Days on Market1162

Property Features for 1703 E Mowry Dr

General Information

Standard status Active
Class B
Lot size 4.22 Acres
Property subtype Industrial, Land, Retail
Zoning B-2
Investment Type Redevelopment
Listing Agency: Premier Properties
Listed By: Jorge Ruiz · License #3220355
Source: Crexi
Added: Jul 6, 2023 Changed: Sep 2 Last Checked: Sep 8 at 7:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Properties

Investment Insights

Based on property information with market context.

This 4.22-acre development site is located in Homestead, Florida, just off the Florida Turnpike, near Mowry Street and SW 162 Avenue, on the south side of the Turnpike. The property is zoned B-2 for Light Industrial use, presenting a redevelopment opportunity. The site previously received approval for plans to develop a 66,000 square foot light industrial storage facility, though the approval has since expired. The location is adjacent to Homestead Hospital, a new residential development with over 500 homes, and the Park of Commerce. The property benefits from high visibility from the Florida Turnpike, with a daily traffic count exceeding 80,000 vehicles, making it suitable for industrial or commercial development.

Key Highlights

  • Prime redevelopment opportunity with B‑2 Light Industrial zoning.
  • Excellent visibility from Florida Turnpike, with over 80,000 vehicles passing daily.
  • Strategically located adjacent to Homestead Hospital, a 500+ home new residential development, and the Park of Commerce.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Auto Repair Shop Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

655
Businesses Nearby

Demographics for 33033, FL

66,871
Population
21,426
Households
3.1
Avg Household Size
34
Median Age
23%
College-Educated
79%
High-School Grad
22.3 sq mi
ZIP Area
2,999
Density / Sq Mi
$66,662
Median Household Income
$37,018
Median Earnings
$1,648
Median Rent
$364,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - 4.22-acre development site in Homestead, Florida, with redevelopment potential.
Where is this commercial land located?
The property is located at 1703 E Mowry Dr Homestead, FL.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: Prime redevelopment opportunity with B‑2 Light Industrial zoning.; Excellent visibility from Florida Turnpike, with over 80,000 vehicles passing daily.; Strategically located adjacent to Homestead Hospital, a 500+ home new residential development, and the Park of Commerce.
(786) 953-2173 Call to check price and availability
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