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    412 Mowry Dr Homestead, FL 33030-5842
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    Property profile & analytics

    412 Mowry Dr, Homestead, FL 33030-5842

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    • Industrial properties
    • 8,378 SF
    • 0.44 lot acres
    Off-Market
    Last Sale Dec 31, 2024
    $1,590,000
    Property ID
    US18-4982754
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,535,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 412 Mowry Dr

    Year built
    1977
    Construction
    CONCRETE
    Lot size
    0.44 lot acres
    Zone code
    7000:INDUSTRIAL,GENERAL
    Property type
    Industrial properties
    APN
    10-7813-037-0180
    APU
    1078130370180

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,505,000
      6.5%
      $1,390,000
      7%
      $1,290,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,559,000
      Market price range: $947k - $2.08M
      AI Estimate
      $1,105,000
      Market price range: $467k - $1.77M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,615,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $2,405,000
      Change: +49% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,790,000
      Change: +11% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Homestead
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.4838
    Latitude
    25.4695
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,743
    $191,700
    $628,300
    $820,000
    -
    $191,700
    $628,300
    $820,000
    More about this property
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