E&M Warehouse Development
For Sale
Contact for pricing
1750 SE 38 Ave, Homestead, FL 33035
New construction warehouse development perfect for businesses and storage needs.
Property Size3,873 SF
Price / SF$390
Days on Market142
Property Features for 1750 SE 38 Ave
General Information
Standard status
Active
Size
3,873 SF
Property subtype
Industrial
Listing Agency:
Florida 1st Realty-Commercial Services
Listed By:
Paul Ergon · License #SL517118
Source:
Crexi
Added: Mar 18
Changed: Jul 10
Last Checked: Aug 5 at 10:12AM
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 Florida 1st Realty-Commercial Services
Investment Insights
Based on property information with market context.
The E&M Warehouse Development in Homestead, FL, offers spaces suitable for small businesses, assembly, distributors, online sales, racecar teams, and car, boat, and motorhome storage. The new construction property provides secure storage for car collections, boats, and motorhomes. It is suitable for small business, product distribution, and inventory storage. Positioned across from Homestead-Miami Speedway, the property includes a motorhome waste station on-site, a fire sprinkler system, fully air-conditioned units, and private bathrooms with showers. The units feature 20' high ceilings and 14x14 hurricane electric garage doors. Automatic rolling entry gates provide 24-hour security and access, supplemented by exterior security cameras. The available space is 3873 Sq Ft.
Key Highlights
- Ideal for businesses needing storage or workspace: Perfect for small businesses, assembly, distributors, online sales, racecar teams, or vehicle storage.
- Secure 24/7 access: Automatic rolling entry gates, exterior security cameras, and hurricane‑resistant doors ensure security and accessibility.
- Spacious units with high ceilings: Units offer 1989 or 3873 sq ft of space with 20' high ceilings.
Financial Insights For Retail
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 | $102.2k | $26.40 |
| − Vacancy | −$8.7k | −$2.24 |
| EGI | $93.6k | $24.16 |
| − OpEx | −$28.1k | −$7.25 |
| NOI | $65.5k | $16.91 |
3,873 SF · lease $26.40/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$935.6K
$818.6K – $1.09M
NOI $65,489 @ 7.0% cap · market cap 4.34%
Second Best
Warehouse
$725.3K
$634.6K – $846.2K
NOI $50,771 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,546 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33035, FL
18,065
Population
6,711
Households
2.7
Avg Household Size
33
Median Age
28%
College-Educated
92%
High-School Grad
29.5 sq mi
ZIP Area
612
Density / Sq Mi
$67,601
Median Household Income
$37,785
Median Earnings
$1,855
Median Rent
$310,500
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.
Frequently Asked Questions
What type of property is this?
Warehouse - New construction warehouse development perfect for businesses and storage needs.
Where is this warehouse located?
The property is located at 1750 SE 38 Ave Homestead, FL.
What is the asking price?
The asking price for this property is $1,510,470.
What are key features of this property?
This property features: Ideal for businesses needing storage or workspace: Perfect for small businesses, assembly, distributors, online sales, racecar teams, or vehicle storage.; Secure 24/7 access: Automatic rolling entry gates, exterior security cameras, and hurricane‑resistant doors ensure security and accessibility.; Spacious units with high ceilings: Units offer 1989 or 3873 sq ft of space with **20' high ceilings**.
