507 Krome Ave Homestead, FL 33030-6050
This 950 sq ft retail space in Homestead, Florida, is a turnkey opportunity for an entrepreneur. Located at 507 N Krome Ave, 33030, this property boasts a rich history, having served as a family-owned glass company since 1961. The current owner is retiring, presenting a unique chance to acquire an established business with existing clientele. The sale includes not only the building constructed in 1988, but also valuable assets such as two delivery vans (a Ford Transit Connect and a Nissan 2500 HT), specialized auto tools, a windshield camera calibration tool, and existing inventory. An adjacent 1750 sq ft building is also included, comprising a 965 sq ft ground floor and two smaller 200 sq ft rental units, offering potential for expansion or additional income streams. The business enjoys a diverse client base, including major insurance companies and auto dealerships, with a significant portion (30%) of sales conducted in cash. This property represents a compelling investment opportunity in a high-traffic area of Homestead, combining established business operations with substantial tangible assets. The property's location in Miami-Dade County provides excellent access to major transportation routes and a thriving local market. This is a rare chance to acquire a profitable, established business with significant growth potential.
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
6300:COMMERCIAL,RESTRICT · 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.