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28830 S Dixie Hwy, Homestead, FL 33033
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Property summary
AI-generated overview
A 2,250-square-foot restaurant space previously used as a Colombian restaurant, configured for traditional Colombian food service along with dessert preparation and takeout. The space includes a fully equipped kitchen with a hood and grease trap, plus plumbing, a walk-in cooler, and multiple refrigerators. The property includes the supporting features typically associated with restaurant operations and is zoned 6061. It is located on US1 in a Class-A commercial area with high street visibility, and it is suitable for continuing the existing concept or adapting to a different food-service concept.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2007
Construction
CONCRETE
Total area
22,745 SF
Lot
1.81 ac (78,938 SF)
Zoning code
6061
APN
30-7905-035-0010
UPID
US18-1617715
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
-
Shopping Center & Mall
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.71M
CAP Approach
CAP
$6.74M
Comparable Approach
Comparable
$5.13M
Blend (final)
Blend
$5.65M
Owner & transaction history
since 2021
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
6061 · Homestead, FL
Top alternative use upside
Commercial (general)
$7.6M
+16.5%
Office building
$7.0M
+6.9%
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.
Full NOI build-up · 6 steps
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.65M
Value range
$5.08M – $6.21M
±10% around blend
Estimated value / SF
$248 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
Income certainty
100
$5.08M
blend $5.65M
$6.21M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
22,745 SF
Lot area
1.81 ac
Year built
2007
Stories
1
APN
30-7905-035-0010
Zoning
6061
Assessed value
$4,600,000
Annual tax
$75,387
3
Income approach: direct capitalization
Partial preview
Income approach indication
$6.74M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$7.30M
@ 6.5% CAP return
$6.74M
@ 7% CAP return
$6.26M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$75,387
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$5.13M
Range $3.67M – $10.55M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.65M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 30 sales
$287
-14%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $248/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
+16%
vs current-use indication
Office Building
Neighborhood: Shopping Center · current use
Retail Stores
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
Market benchmark
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
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Selected market yield
7.80%
Selected cap rate for this community centers
Derived from the Homestead market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.80%
9.0%
NOI (est.)
$26k *
Last sale · Feb 2021
$4.90M
* 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$332k
Move the market yield to see immediate price impact.
Value / SF
$15
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
7.30%7.80%8.30%
$23k
$320k
$299k
$281k
$26k
$355k
$332k
$312k
$29k
$391k
$366k
$344k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$75,387
Tax year 2023
Assessed value
$4,600,000
Assessed 2023
Previous assessed
$4,200,000
+9.5% YoY
Effective rate
1.64%
On assessed value
Assessed land
$2,249,733
Assessed improvement
$2,350,267
Land market value
$2,249,733
Improvement market value
$2,350,267
Total market value
$4,600,000
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
2007
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
22,745 SF
Lot
1.81 ac (78,938 SF)
Zoning code
6061
APN
30-7905-035-0010
UPID
US18-1617715
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6061 · Homestead, FLZoning 6061 · permitted uses
6061 · 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
2007
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.81 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
6061
Jurisdiction
Homestead, FL
Recorded code
6061
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 6061 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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