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Property profile & analytics
FOR LEASE
Outlet malls

29345 SW 152Nd Ave Homestead, FL 33033

6,279 SF 0.53 ac lot Built 1954
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US18-5485457
Property summary
AI-generated overview

This exceptional retail property, located at 29345 SW 152nd Ave in Homestead, Florida, presents a unique leasing opportunity. The property, encompassing a total of 17,061 square feet, currently has 2,000 square feet of vacant space available for lease. Situated in Miami-Dade County, zip code 33033, this single-tenant retail space benefits from its prime location within a rapidly growing area of Homestead. The property is undergoing significant renovations under new ownership, representing a substantial capital expenditure investment. These improvements encompass a complete exterior façade upgrade, roof replacement, enhanced lighting, installation of uniform signage, and a comprehensive parking lot refurbishment. This revitalization effort ensures a modern and attractive retail space, ready for immediate occupancy. The property's size and location make it ideal for a variety of retail businesses seeking to establish or expand their presence in this thriving market. The 2,000 square feet of vacant space offers flexibility for customization to meet specific tenant needs. This is a rare opportunity to secure a well-located, newly renovated retail space in a dynamic and expanding area.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1954
Construction CONCRETE
Total area 6,279 SF
Lot 0.53 ac (23,056 SF)
Zoning code 6200:COMMERCIAL,ARTERIAL
APN 30-7904-005-3330
UPID US18-5485457
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
  • Simple mobile Mobile Phone Store Electronics & Wireless Store
  • 1 Stop Party & Events Rental and Decor Party Supply Store Rental Equipment Company
  • Crazy Unlock Cell Phones & Repair Computer & Electronic Repair Tech Support Center
  • Celebrity 💇🏽‍♂️Kutz/ Recording Studio Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.20M
Owner & transaction history
29345 Sw 152nd Ave LLC · 2 yrs held
29345 Sw 152nd Ave LLC
since 2023
Last sale
$3.5M
7 recorded transactions
2023
$3.5M
2021
Price N/A
2020
$1.1M
2020
Price N/A
1999
$225,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Homestead, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $4.7M +194.6%
Auto repair, garage $4.0M +148.9%
Medical building $2.8M +73.3%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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