40350 SW 209TH AVE Homestead, FL 33034
5 acres with new warehouse, agricultural tents, and utilities.
Property Features for 40350 SW 209TH AVE
General Information
- Standard status
- Active
- Size
- 2,800 SF
- Lot size
- 5.00 Acres
- Property subtype
- Commercial
Listing office (786) 208-5627
Listing date Apr 9, 2026
Source Elliman
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 Rafael Cabrera
Investment Insights
Based on property information with market context.
Key Highlights
- Newly constructed 2024 warehouse (2,800 sq ft)
- 5‑acre property cleared and ready for agricultural use or development
- Benefit from FPL service with 220V & 440V three‑phase power
Local 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 | $45.7k | $16.32 |
| − Vacancy | −$2.5k | −$0.90 |
| EGI | $43.2k | $15.42 |
| − OpEx | −$6.5k | −$2.31 |
| NOI | $36.7k | $13.11 |
