109 4Th StHomestead, FL 33030

Property Details for 109 4Th St

Lot size

0.65 AC

Zone code

7000:INDUSTRIAL,GENERAL

Property type

Industrial land

APN

10-7813-002-0050

APU

1078130020050

Description

This exceptional industrial warehouse property, located at 109 SW 4th St, Homestead, FL 33030, presents a significant investment opportunity. The property boasts a substantial 43,996 square feet of warehouse space, situated on a 1.01-acre lot. Currently vacant, this property offers immediate occupancy for a wide range of industrial uses. Its strategic location in Homestead, Florida, offers excellent visibility and accessibility, being situated at a four-way signalized intersection of SW 4th Street (Francis Street) and Flagler Avenue. The property benefits from convenient access to major transportation arteries, including US 1 (Dixie Highway) and the Florida Turnpike Extension (821), located approximately 10 minutes away. The property is zoned for industrial use and is being offered for sale at $592,000. The lot size encompasses two folios (Folio #10-7813-002-0050, see attached documents for details), and will only be sold as a single package. This high-visibility location, combined with the substantial square footage, makes this an ideal property for businesses seeking a prominent presence in the thriving Homestead market. The property is located in Miami-Dade County.

• CAP approach

  CAP return

  Valuation

  6%

  $43,988,100

  6.5%

  $40,604,400

  7%

  $37,704,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,984,500

  Geo Method

  $14,984,500

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $21,226,900

  Mixed-Use / Specialty

  $21,470,500

  Hospitality / Lodging

  $16,167,900

  Office

  $21,675,500

  Institutional / Educational

  $22,434,800

  Residential Income

  $26,248,700

  Multifamily

  $29,711,300

  Automotive / Energy

  $19,229,800

  Parking / Income-Based Land

  $6,320,540

  Restaurant / Food Service

  $11,848,400

  Healthcare / Senior Housing

  $21,690,200

Location Insight

City

Homestead

County

Miami-dade

State

Florida

Latitude

25.4669

Longitude

-80.479

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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