Technical
Financial
Distress signals
Property profile

1850 8th St Homestead, FL 33033

OFF-MARKET
Outlet malls
Property ID
US18-5544936
177,485 SF 14.71 ac lot Built 2007
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.38-acre commercial land parcel presents a unique investment opportunity in the thriving Homestead, Florida market. Situated on NE 8th Street in Miami-Dade County, the property boasts high visibility due to its location on Campbell Drive, a primary east-west thoroughfare. This strategic positioning ensures significant exposure to a substantial daily traffic volume. The site is ideally surrounded by established residential communities, providing a ready-made customer base for any commercial venture. Furthermore, the property benefits from its proximity to key traffic generators, including a Lowe's home improvement store, the Homestead Pavilion shopping center, and numerous other national retailers. This ensures consistent foot traffic and strong consumer presence in the immediate vicinity. Ample parking is available, adding to the convenience and appeal of the site. The property's zoning and permitted uses should be independently verified. This is an exceptional opportunity for developers and investors seeking a high-visibility location in a rapidly growing area. The 33033 zip code offers excellent access to major transportation routes, further enhancing the property's strategic value. This parcel is offered for sale and presents a compelling investment prospect for those seeking a prime commercial location in Homestead, Florida.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2007
Construction CONCRETE
Total area 177,485 SF
Lot 14.71 ac (640,859 SF)
Zoning code 6300:COMMERCIAL,RESTRICT
APN 10-7917-025-0010
UPID US18-5544936

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Propane Supplier
  • Building Supply Industrial Manufacturer
  • Building Supply Hardware & Home Improvement

Location

1850 8th St Homestead, FL 33033-4711
Homestead metro Census 11010 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$20.20M

Owner & transaction history

Zoning & alternative use

6300:COMMERCIAL,RESTRICT · 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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