Technical
Financial
Distress signals
Property profile

240 Krome Ave Homestead, FL 33030

OFF-MARKET
Schools
Property ID
US18-1526677
10,749 SF 0.82 ac lot Built 1948
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Schools
Use group COLLEGE, UNIVERSITY, VOC SCHOOL
Year built 1948
Construction CONCRETE
Total area 10,749 SF
Lot 0.82 ac (35,542 SF)
Zoning code 6500:COMMERCIAL,CLASSIF
APN 10-7813-016-0050
UPID US18-1526677

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
  • Art Gallery
  • (Bike/Boat/Book/etc) Store Florist
  • High School Daycare Center

Location

240 Krome Ave Homestead, FL 33030-6019
Homestead metro Census 11302 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.34M
Blend (final) Blend
$5.10M

Owner & transaction history

since 2018
Last sale
$5.1M
7 recorded transactions
2018
$1.9M
2018
Price N/A
2016
$100,100
2015
Price N/A
2014
$1.6M
2013
Price N/A
2002
$10,000

Zoning & alternative use

6500:COMMERCIAL,CLASSIF · Homestead, FL
Top alternative use upside
Restaurant $8.0M +101.8%
Auto repair, garage $6.8M +70.5%
Medical building $4.7M +18.7%

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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