412 Mowry Dr Homestead, FL 33030-5842
This exceptional industrial property, located at 412 W Mowry Dr in Homestead, Florida, presents a compelling investment opportunity. Boasting a substantial 7,952 square feet of warehouse space situated on a 0.44-acre lot, this property is ideally suited for a variety of industrial uses. The building features five usable bays, offering flexibility for diverse operational needs, and includes a mixed-use office component. Recent improvements include a completed 40-year certification, fresh paint, and soon-to-be-finished asphalt. Ample parking is provided with 10 spaces at the front for visitors and staff, supplemented by an additional 8 spaces in the rear. The property is zoned 7000-Industrial-General, ensuring versatility and potential for future development. Currently occupied by month-to-month tenants who have been in place for several years, this property offers immediate income potential and long-term growth prospects. Its prime location in a highly desirable area of Homestead further enhances its value and attractiveness to potential buyers. The asking price is $1,700,000. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving market. Don't miss out on this chance to secure a valuable asset in a high-demand area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
7000:INDUSTRIAL,GENERAL · Homestead, FLHomestead. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.