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    9XX Davis Pkwy Homestead, FL 33034

    For Sale
    $3,500,000

    Prime 3.2-Acre Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 3.2-acre commercial land parcel presents a remarkable investment opportunity in Florida City, Miami-Dade County. Strategically located at 9XX Davis Pkwy, 33034, this property boasts a C-2 commercial zoning designation, offering a wide array of development possibilities. The site's prime location is poised for significant growth, situated at the future intersection of Davis Parkway and Redland Road. This high-traffic area benefits from the construction of over 2000 homes directly across the street, undertaken by major developers including DR Horton, ONX, Century Homebuilders, and Ryan Homes. This substantial residential development creates a robust and immediate market for commercial ventures. The property is ideal for a variety of uses, including shopping centers, medical offices, fitness centers, supermarkets, and businesses that align with the Live Local Act (SB-102/328). With its exceptional location, zoning, and the surrounding residential growth, this land offers significant potential for substantial returns. The asking price for this exceptional opportunity is $3,500,000. Don't miss this chance to secure a prime piece of Florida real estate in a rapidly expanding area. Contact us today to learn more about this exciting development prospect.

    Property Features for 9XX Davis Pkwy

    General Information

    Property type
    Land

    HighLights

    • 3.2‑acre commercial land parcel in Florida City, Miami‑Dade County.
    • C‑2 zoning allows for diverse commercial development.
    • Located at 9XX Davis Pkwy, 33034, at the future intersection of Davis Parkway and Redland Road.
    • High‑traffic area with over 2000 new homes under construction across the street by major developers.
    • Ideal for various uses including retail, medical, and fitness, aligning with the Live Local Act.
    • Asking price: $3,500,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.5056254
    Latitude
    25.4550385

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    FAQs

    What type of property is this?
    Land - Prime 3.2-Acre Commercial Lot
    Where is this land located?
    The property is located at 9XX Davis Pkwy Homestead, FL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 3.2-acre commercial land parcel in Florida City, Miami-Dade County.; C-2 zoning allows for diverse commercial development.; Located at 9XX Davis Pkwy, 33034, at the future intersection of Davis Parkway and Redland Road.
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    9XX Davis Pkwy Homestead, FL 33034
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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
    9XX Davis Pkwy Homestead, FL 33034
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