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Property profile & analytics
OFF-MARKET Estimated value $3,820,000
Outlet malls

1982 8th St Homestead, FL 33033-4704

21,927 SF 3.74 ac lot Built 1982
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US19-0810420
Property summary
AI-generated overview

This exceptional turnkey medical spa business is available for purchase at $80,000. Located at 1982 NE 8th St, Homestead, FL 33033, in Miami-Dade County, this established business enjoys a prime location near the Turnpike. The property, built in 1982, is a storefront classified as retail and office space, also suitable for salon/barbershop use. The 1982 square foot space boasts three treatment rooms, creating a relaxing and professional atmosphere for clients. The current business offers a wide range of services including esthetician treatments, IV infusions, body treatments, cavitation, LED light therapy, permanent makeup, Botox, and body waxing. This presents a lucrative opportunity within the thriving aesthetics industry. The current monthly operating costs are low, with rent at $3,695, utilities at $228, and tenant insurance at $170. This established business is ready for a new owner to continue its success. The property's convenient location and diverse service offerings make it an attractive investment. This is a rare opportunity to acquire a profitable, established business in a high-growth area.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1982
Construction CONCRETE
Total area 21,927 SF
Lot 3.74 ac (162,914 SF)
Zoning code 6300:COMMERCIAL,RESTRICT
APN 10-7917-001-0010
UPID US19-0810420
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Campbell Shoppes Business Service Center Corporate Office
  • DaVita Keys Gate Dialysis Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.82M
Owner & transaction history
Bfg Real Estate Holdings INC · 14 yrs held
Bfg Real Estate Holdings INC
since 2011
6 recorded transactions
2011
$151,100
2011
$151,100
2009
Price N/A
2006
$7.2M
2000
$1.2M
1969
Price N/A
Zoning & alternative use
6300:COMMERCIAL,RESTRICT · Homestead, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $6.3M +13.2%
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