Property summary
This exceptional investment opportunity presents two one-acre commercial outparcels totaling two acres in Homestead, Florida, ideally situated near major big-box retailers including BJ's Wholesale, Walmart Supercenter, Home Depot, and Dollar Tree. Located at SE 8th Ave & SW 328th Street (APN: 10-7919-001-0021), this B-1 zoned property boasts over 448.38 feet of frontage along Florida's Turnpike, experiencing a high daily traffic count exceeding 47,800 vehicles. The property benefits from convenient ingress and egress, with proximity to the rear entrance of Walmart and seamless connection to the BJ's Center parking lot. A planned on/off ramp connecting SW 328th St to the Turnpike promises enhanced future visibility and accessibility. The location is strategically positioned a few blocks east of the major retail intersection of US-1/S Homestead Blvd and SW 328th St, placing it at the heart of a thriving commercial hub surrounded by numerous national retail and hospitality businesses. The asking price is $6,000,000 ($3,000,000 per acre), with a $15,000 per month NNN ground lease option available per acre. Adding to the appeal, an adjacent 2.35-acre lot recently received rezoning and site plan approval for a 135,250 sq ft self-storage facility. This presents a unique opportunity for investors or businesses seeking to capitalize on Homestead's robust commercial growth.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight