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Property profile & analytics
OFF-MARKET Estimated value $1,520,000
Manufacturing properties

24 6th Ave Homestead, FL 33030-7040

9,272 SF 0.41 ac lot Built 1964
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US18-3933147
Property summary
AI-generated overview

This exceptional opportunity presents a well-established truck repair business located at 24 SW 6th Ave, Homestead, FL 33030. Established in 2015, this reputable company boasts a strong track record of providing comprehensive truck repair services and parts sales, built on a foundation of exceptional customer service and repeat business. The business is offered at an asking price of $1,150,000 and includes over $500,000 worth of inventory and equipment, ensuring a smooth transition for the new owner. The 10,000 square foot facility, built in 1964, is not included in the sale; this offering is for the business only. Significant potential exists for further growth and increased revenue streams. The business offers a lucrative investment opportunity with a proven history of success. A signed Non-Disclosure Agreement (NDA) is required for access to detailed financial information and operational specifics. This is a turnkey operation ready for immediate ownership and continued success in the thriving Homestead market. The property is situated in Miami-Dade County, Florida, offering convenient access to major transportation routes. This presents a rare chance to acquire a profitable and established business with substantial assets.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1964
Construction CONCRETE
Total area 9,272 SF
Lot 0.41 ac (17,700 SF)
Zoning code 7000:INDUSTRIAL,GENERAL
APN 10-7813-000-0500
UPID US18-3933147
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
  • Homestead Repair Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.54M
Comparable Approach Comparable
$1.77M
Blend (final) Blend
$1.52M
Owner & transaction history
E & L Business Corp · 7 yrs held
E & L Business Corp
since 2019
2 recorded transactions
2024
Price N/A
2019
$265,000
Zoning & alternative use
7000:INDUSTRIAL,GENERAL · Homestead, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
Top alternative use upside
Warehouse, storage $2.0M +10.8%
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