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Property profile

0 Davis Pkwy Homestead, FL 33034

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 1.47-acre commercial land parcel presents a unique investment opportunity in Florida City, Miami-Dade County, Florida. Located on Davis Parkway (zip code 33034), this C-2 zoned property is ideally suited for a variety of commercial uses, including but not limited to daycare centers, medical facilities (urgent care, etc.), retail centers, and other suitable businesses. The property benefits from a strategic location with an existing average daily traffic count (ADT) of 9,900 vehicles on Davis Parkway. This ADT is projected to increase substantially due to the ongoing construction of over 1,950 new homes directly adjacent to the property by prominent builders including ONX, DR Horton, Century Home Builders, and Ryan Homes. This significant residential development promises substantial future growth and increased demand for commercial services in the immediate vicinity. The asking price for this prime commercial land is $1,750,000. The property's location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking to establish a presence in a rapidly developing area. Detailed information is available upon request.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

Davis Pkwy Homestead, FL 33034
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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