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26755 S Dixie Hwy, Homestead, FL 33032

Retail space

Property Size3,800 SF
Price / SF$0.04
Days on Market141

Property Features for 26755 S Dixie Hwy

General Information

Standard status Active
Size 3,800 SF
Property subtype Commercial

Site & Location

Traffic Count 43,000 vehicles/day
Highway Access Yes

Taxes and HOA fees

Annual Taxes $3,960

Building Details

Building Size 3,800 SF
Year Built 2023
Stories 1
Listing Agency: Edivial International Realty
Listed By: Fabiana Padron · License #3499345
Source: Elliman
Added: Jun 4 Changed: Oct 19 Last Checked: Oct 20 at 9:59PM

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 Edivial International Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Key Highlights

  • Newly built commercial retail space available in Naranja, FL (Year built: 2023)
  • 1250 sq ft retail unit along S Dixie Hwy with 43,000 AADT daily traffic count
  • Property includes signed leases with AT&T and Dunkin' Donuts

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,137
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,740 $422.7K
Cap Rate 7%
$301,957 $302.0K
Cap Rate 9%
$234,856 $234.9K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$33.0K $26.40/SF
− Vacancy
−$2.8K −$2.24/SF
EGI
$30.2K $24.16/SF
− OpEx
−$9.1K −$7.25/SF
NOI
$21.1K $16.91/SF
Area
Miami-Dade County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,740
Cap Rate 7%
$301,957
Cap Rate 9%
$234,856

Alternative Uses

Best Use
Retail
$302.0K
$264.2K – $352.3K (±1% cap)
NOI $21,137 @ 7.0% cap · market cap 44,035.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$634.2K
$554.9K – $739.9K (±1% cap)
NOI $44,392 @ 7.0% cap · market cap 92,483.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office HVAC Service (Bike/Boat/Book/etc) Store

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

Lease Details

43,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

726
Businesses Nearby

Demographics for 33032, FL

58,727
Population
19,102
Households
3.1
Avg Household Size
34
Median Age
24%
College-Educated
83%
High-School Grad
18.2 sq mi
ZIP Area
3,227
Density / Sq Mi
$74,995
Median Household Income
$36,515
Median Earnings
$1,626
Median Rent
$374,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

Where is this retail space located?
The property is located at 26755 S Dixie Hwy Homestead, FL.
What are key features of this property?
This property features: Newly built commercial retail space available in Naranja, FL (Year built: 2023); 1250 sq ft retail unit along S Dixie Hwy with 43,000 AADT daily traffic count; Property includes signed leases with AT&T and Dunkin' Donuts
More about this property
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