Technical
Financial
Distress signals
Property profile

27359 S Dixie Hwy Homestead, FL 33032

FOR SALE
Outlet malls
Property ID
US18-3318442
98,471 SF 6.76 ac lot Built 1984
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity presents itself in the form of Naranja Lakes Shopping Center, a well-established center located at 27359 S Dixie Hwy in Homestead, Florida, within Miami-Dade County (zip code 33032). The property boasts a total building area of 90,445 square feet, offering a diverse range of retail spaces. Currently, one retail space is available, measuring 740 square feet, ideal for a variety of businesses seeking high visibility and foot traffic. The center's strategic location on S Dixie Hwy ensures excellent accessibility and exposure to a substantial customer base. The property is classified as a multi-tenant shopping center, indicating a vibrant and established retail environment. This presents a unique chance to establish or expand a business within a thriving commercial hub. The property's location in Homestead, Florida, offers access to a growing community and strong consumer demographics. The property's classification as a retail space within a shopping center suggests a built-in customer base and potential for synergistic business relationships. Further details regarding lease terms and conditions are available upon request. This is a prime opportunity for investors and businesses seeking a strategic foothold in a dynamic South Florida market. The property's size and location make it an attractive investment for those seeking a strong return on investment in a high-growth area. Serious inquiries are encouraged to explore this exceptional retail space.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1984
Construction CONCRETE
Total area 98,471 SF
Lot 6.76 ac (294,531 SF)
Zoning code 6072
APN 30-6933-018-0060
UPID US18-3318442

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
  • Atm
  • Crypto Atm Atm
  • Propane Supplier
  • Blast Cleaning Service
  • Bank Credit Union

Location

27359 S Dixie Hwy Homestead, FL 33032
Homestead metro Census 10804 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$16.39M
Blend (final) Blend
$11.93M

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2017
Price N/A
1969
Price N/A

Zoning & alternative use

6072 · Homestead, FL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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