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Property profile & analytics
OFF-MARKET
Commercial real estate

23100 192Nd Ave Miami, FL 33170

43,124 SF Built 1974
Property ID
US18-1604384
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully operational, 43,124-square-foot cannabis cultivation facility situated on a 6.10-acre lot in the Redlands area of Homestead, Florida. The property, built in 1974, includes a state-of-the-art "Cravo" greenhouse and additional indoor covered space, representing a turnkey solution for a medical marijuana treatment center (MMTC). All structures and essential growing equipment are included in the sale, encompassing trays, tables, lighting systems, irrigation infrastructure, and tractor equipment. The facility is ideally suited for either a newly approved or existing MMTC. Note that the MMTC license is not included in this sale. Alternatively, the property is available for lease to qualified MMTC license holders at a gross monthly rental rate of $60,000. The property also includes a single-family home currently used as an office. This comprehensive offering presents a rare chance to acquire a well-established and high-potential cannabis cultivation operation in a prime location. The asking price for this unique property is $10,000,000. The property's address is 23100 SW 192nd Ave #B, Miami, FL 33170.

Property profile
Verified
Property type Commercial real estate
Year built 1974
Total area 43,124 SF
UPID US18-1604384
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
  • Hbs Business solutions Production Facility Industrial Manufacturer
  • Get Medicated Department Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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