Homestead, FL 33030
This exceptional 1.82-acre (79,453 square foot) parcel presents a remarkable ground lease opportunity in the thriving Homestead, Florida market. Located at the intersection of SR 997 N Krome Ave and US-1 S Dixie Hwy, this C-2 zoned property boasts unparalleled visibility and accessibility. The entire parcel is available for lease at $30,000 per month, or it can be leased separately: the northern section for $12,500 per month and the southern section for $17,500 per month. This high-traffic location is surrounded by a robust mix of established retailers, including Waffle House, Texas Roadhouse, Aldi, and Harbor Freight, ensuring consistent customer flow. Its strategic position across from major retail anchors like The Home Depot, Bravo Supermarket, Krispy Kreme, and Walmart Supercenter further enhances its appeal. The property benefits from convenient access to major highways, including US-1 and the Florida Turnpike Extension, providing easy access to the Florida Keys and beyond. This location is near Downtown Historic Homestead and is situated behind a busy parking lot adjacent to Harbor Freight. The property's proximity to big-box retailers such as Publix and Target guarantees sustained traffic and consumer interest, making it an ideal location for a retail development seeking to capitalize on the area's robust retail activity and growing customer base. The Miami-Dade County APN is 16-7919-006-0111. This is a multiple tenancy property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.