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Property profile

1130 6Th St Homestead, FL 33030

OFF-MARKET
Specialty properties
Built 1963
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Property summary

AI-generated overview

This exceptional opportunity presents the acquisition of a fully operational indoor hemp cultivation facility located at 1130 NW 6th St, Homestead, Florida, 33030. Built in 1963, this special-purpose property is currently operating at only 20% of its potential capacity, offering significant room for expansion. The facility boasts a high-tech controlled environment, ensuring superior product quality compared to outdoor cultivation methods. Currently equipped with 100 lights (with potential to add up to 500), and featuring 3-phase power, this facility is designed for efficient and scalable hemp production. The layout includes two distinct areas dedicated to flowering and vegetation stages, serviced by a single HVAC unit. This established business benefits from a strong and consistent client base exceeding 60 clients, encompassing smoke shops, dispensaries, hemp product manufacturers, and a growing online presence. The facility specializes in cultivating a unique strain of high-quality indoor hemp, suitable for a wide range of applications including oils, creams, smokable products, and food consumption. This turnkey operation presents a rare opportunity to acquire a profitable and expandable business in the burgeoning hemp industry. The asking price for this unique property is $700,000.

Property profile

Verified
Property type Specialty properties
Year built 1963

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1130 6Th St Homestead, FL 33030
Homestead metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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