Entity Owned 
For Sale
1 / 14
$1,200,000
24835 S Dixie Hwy, Homestead, FL 33032
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Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1950
Construction
CONCRETE
Total area
4,980 SF
Lot
0.73 ac (31,799 SF)
Zoning code
6172
APN
30-6926-000-0380
UPID
US18-3648636
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
-
Training Center
-
Training Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
$1.30M
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.19M
Owner & transaction history
since 2020
Last sale
$880,000
2 recorded transactions
Zoning & alternative use
6172 · Homestead, FL
Top alternative use upside
Commercial (general)
$1.7M
+31.9%
Office building
$1.5M
+21.1%
Neighborhood: shopping center
$1.4M
+13.2%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 12 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.19M
Value range
$1.07M – $1.31M
±10% around blend
Estimated value / SF
$239 / SF
Confidence
High
12 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$1.07M
blend $1.19M
$1.31M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,980 SF
Lot area
0.73 ac
Year built
1950
Stories
1
APN
30-6926-000-0380
Zoning
6172
Assessed value
$1,206,079
Annual tax
$17,352
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.30M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.41M
@ 6.5% CAP return
$1.30M
@ 7% CAP return
$1.21M
4
Sales comparison
Partial preview
Sales approach indication
$2.30M
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.9 mi away · 4,750 SF
14.9 mi away · 4,725 SF
17.4 mi away · 4,550 SF
17.5 mi away · 4,280 SF
17.9 mi away · 5,520 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.19M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 48 sales
$253
-6%
County 1136 sales
$507
-53%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $239/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+32%
vs current-use indication
Office Building
Neighborhood: Shopping Center
Retail Stores · current use
Warehouse, Storage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
Market rates by use type
PDF export
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Overview
Implied cap rate
7.10%
Implied, in-place cap rate for this outlet malls
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.10%
9.0%
NOI (est.)
$62k *
Last sale · Aug 2020
$880k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$868k
Move the market yield to see immediate price impact.
Value / SF
$174
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.60%7.10%7.60%
$55k
$840k
$781k
$729k
$62k
$933k
$868k
$811k
$68k
$1.03M
$954k
$892k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$750k
3.3 mi · Nov 2025 · $202/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,352
Tax year 2023
Assessed value
$1,206,079
Assessed 2023
Previous assessed
$1,206,079
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$1,017,568
Assessed improvement
$188,511
Land market value
$1,017,568
Improvement market value
$188,511
Total market value
$1,206,079
Applied tax rate
3,000.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Sale
Year built
1950
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
4,980 SF
Lot
0.73 ac (31,799 SF)
Zoning code
6172
APN
30-6926-000-0380
UPID
US18-3648636
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6172 · Homestead, FLZoning 6172 · permitted uses
6172 · Homestead, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.73 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
6172
Jurisdiction
Homestead, FL
Recorded code
6172
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 6172 in Homestead, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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- Alternative use
- Local Zoning Insight
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