Property profile

109 4th St Homestead, FL 33030

OFF-MARKET
Industrial land
Property ID
US18-6654222
0.65 ac lot
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial warehouse property, located at 109 SW 4th St, Homestead, FL 33030, presents a significant investment opportunity. The property boasts a substantial 43,996 square feet of warehouse space, situated on a 1.01-acre lot. Currently vacant, this property offers immediate occupancy for a wide range of industrial uses. Its strategic location in Homestead, Florida, offers excellent visibility and accessibility, being situated at a four-way signalized intersection of SW 4th Street (Francis Street) and Flagler Avenue. The property benefits from convenient access to major transportation arteries, including US 1 (Dixie Highway) and the Florida Turnpike Extension (821), located approximately 10 minutes away. The property is zoned for industrial use and is being offered for sale at $592,000. The lot size encompasses two folios (Folio #10-7813-002-0050, see attached documents for details), and will only be sold as a single package. This high-visibility location, combined with the substantial square footage, makes this an ideal property for businesses seeking a prominent presence in the thriving Homestead market. The property is located in Miami-Dade County.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.65 ac (28,465 SF)
Zoning code 7000:INDUSTRIAL,GENERAL
APN 10-7813-002-0050
UPID US18-6654222

Cap rate & NOI

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

Location

109 4th St Homestead, FL 33030-7029
Homestead metro Census 11301 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2020
Last sale
$300,000
7 recorded transactions
2020
$300,000
2020
Price N/A
2019
Price N/A
2018
$179,500
2017
Price N/A
2017
$179,500
2016
$100,100

Zoning & alternative use

7000:INDUSTRIAL,GENERAL · Homestead, FL

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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