29345 SW 152Nd Ave, Unit | Homestead Homestead, FL 33033
- Outlet malls
- 6,279 SF
- 0.53 lot acres
Current Use by Public Records
- Simple mobile / Cell Phone Store / Store
- 1 Stop Party & Events Rental and Decor / Party Equipment Rental Service
- Crazy Unlock Cell Phones & Repair / Phone Repair Service
- Celebrity 💇🏽♂️Kutz/ Recording Studio / Barber Shop
Property Details for 29345 SW 152Nd Ave
- Year built
- 1954
- Construction
- CONCRETE
- Lot size
- 0.53 lot acres
- Property size
- 6,279 SF
- Zone code
- 6200:COMMERCIAL,ARTERIAL
- Property type
- Outlet malls
- APN
- 30-7904-005-3330
- APU
- 3079040053330
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,885,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,250,000
- 6.5%
- $3,630,000
- 7%
- $3,445,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,420,000
- Geo Method
- $2,965,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,185,000
- Retail
- $2,980,000
- Mixed-Use
- $2,815,000
- Hospitality
- $3,370,000
- Educational
- $3,105,000
- Residential Income
- $3,605,000
- Energy
- $3,270,000
- Income-Based Land
- $3,120,000
- Food Service
- $3,500,000
Location Insight
- Map
- Local Demand
- City
- Homestead
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.4363
- Latitude
- 25.4944
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
