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Property profile

941 Krome Ave Homestead, FL 33030

OFF-MARKET
Office buildings
Property ID
US18-2900594
View Sample
6,301 SF 0.37 ac lot Built 1952
Entity Owned 1-yr Hold Free & Clear

Property summary

AI-generated overview

This exceptional commercial property presents a unique investment opportunity in the thriving downtown Homestead area. Located at 941 N Krome Ave, this building boasts a substantial 6,301 square feet of climate-controlled space, ideal for a variety of business ventures. The property sits on a generous 0.55-acre lot, offering ample room for expansion, parking, or outdoor amenities. The versatile layout is well-suited for a single large tenant or multiple smaller businesses seeking office space, professional services locations, or a combination thereof. The building's size and location within the desirable downtown Homestead district make it an attractive prospect for businesses seeking high visibility and convenient access to local amenities and transportation routes. The property's Folio number is 10-7907-030-0301. This is a rare chance to acquire a significant commercial asset in a rapidly growing market. The asking price is $2,500,000. Serious inquiries are encouraged. This property offers a strong return on investment potential for discerning buyers. The expansive space and prime location combine to create a compelling opportunity for long-term growth and profitability. Don't miss this chance to secure a valuable piece of Homestead's commercial real estate landscape.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1952
Construction CONCRETE
Total area 6,301 SF
Lot 0.37 ac (16,000 SF)
Zoning code 6300:COMMERCIAL,RESTRICT
APN 10-7907-030-0300
UPID US18-2900594

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Medical Clinic
  • Physician
  • Physician
  • Alternative Medicine Practice

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.88M
Blend (final) Blend
$1.52M

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2025
$3.3M

Zoning & alternative use

6300:COMMERCIAL,RESTRICT · Homestead, FL
Top alternative use upside
Commercial (general) $2.1M +7.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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