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    1703 Mowry Dr Homestead, FL 33033

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    For Sale
    Contact for pricing

    Prime Homestead location, B-1 zoned, redevelopment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.22-acre commercial and industrial land parcel, located at 1703 E Mowry Dr, Homestead, FL 33033 (APN 10-7917-001-0542), presents a compelling redevelopment opportunity. The property encompasses 183,901 square feet and is zoned B-1, offering significant potential for various commercial and industrial uses. Its strategic location just off the Florida Turnpike, on East Mowry Drive and Southwest 162nd Avenue, provides exceptional visibility to over 80,000 vehicles daily. This high-traffic area benefits from proximity to Homestead Hospital and a burgeoning residential development of over 500 new homes, as well as a nearby Park of Commerce, creating a dynamic and growing market. The property's size and zoning make it ideal for a variety of projects, capitalizing on the area's increasing demand for commercial and industrial space. Detailed site plans and surveys are available upon request. This is a rare opportunity to acquire a significant land holding in a rapidly developing area of Miami-Dade County. Don't miss this chance to secure a prime piece of Homestead real estate.

    Property Features for 1703 Mowry Dr

    General Information

    Property type
    Land

    HighLights

    • 4.22‑acre commercial and industrial land parcel in Homestead, FL.
    • 183,901 square feet, zoned B‑1.
    • High‑traffic location near Florida Turnpike, with daily visibility to over 80,000 vehicles.
    • Prime location near Homestead Hospital, new residential development, and Park of Commerce.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.450108420166
    Latitude
    25.469391353821

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    FAQs

    What type of property is this?
    Land - Prime Homestead location, B-1 zoned, redevelopment opportunity.
    Where is this land located?
    The property is located at 1703 Mowry Dr Homestead, FL.
    What are key features of this property?
    This property features: 4.22-acre commercial and industrial land parcel in Homestead, FL.; 183,901 square feet, zoned B-1.; High-traffic location near Florida Turnpike, with daily visibility to over 80,000 vehicles.
    Request Owner's contact information
    1703 Mowry Dr Homestead, FL 33033
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1703 Mowry Dr Homestead, FL 33033
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