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Property profile & analytics
OFF-MARKET Estimated value $1,535,000
Industrial properties

412 Mowry Dr Homestead, FL 33030-5842

8,378 SF 0.44 ac lot Built 1977
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US18-4982754
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group HEAVY INDUSTRIAL
Year built 1977
Construction CONCRETE
Total area 8,378 SF
Lot 0.44 ac (19,170 SF)
Zoning code 7000:INDUSTRIAL,GENERAL
APN 10-7813-037-0180
UPID US18-4982754
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.39M
Comparable Approach Comparable
$1.56M
Blend (final) Blend
$1.54M
Owner & transaction history
Pr272 LLC · 1 yrs held
Pr272 LLC
since 2025
Last sale
$1.6M
6 recorded transactions
2025
$1.6M
2021
Price N/A
2020
Price N/A
2018
Price N/A
2018
Price N/A
1969
Price N/A
Zoning & alternative use
7000:INDUSTRIAL,GENERAL · Homestead, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $2.4M +48.7%
Warehouse, storage $1.8M +10.8%
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