1750 NE 8th St - Bank FOR SALE


Homestead, FL 33033- Outer Homestead/South Dade
$3,976,850 USD
786-453-3171
1750 NE 8th St, Homestead, FL for Sale
$3,976,850 USD
Bank - FOR SALE
1/36
null | Request Cap Rate

1750 NE 8th St
Homestead, FL 33033
Outer Homestead/South Dade


OVERVIEW

One Sotheby's is thrilled to present 1750 NE 8th St., an exceptional retail development opportunity of commercial land located on the hard corner of SW 312 Campbell Dr. and SW 162 Ave in Homestead, FL. The property is a fully built out 3,310 SF bank building with four operational drive-troughs allowing for an easy turn-key bank opportunity with little to no property additions necessary. This prime property offers immense potential for development in a rapidly growing area. With its strategic location, favorable zoning, and a promising market, this land represents a lucrative investment opportunity for those seeking to capitalize on the region's growth and maximize their returns. Note this property has a temporary DERM restriction which will not allow any more allocation beyond current capacity. This moratorium may be adjusted, modified, or waived to increase capacity. Please note. The commercial property at 1750 NE 8th St. in Homestead, FL holds a significant advantage by being situated on one of Homestead's busiest roads. With a daily traffic count of 30,500, NE 8th St. offers substantial exposure and visibility for any business or commercial endeavor. The high traffic volume on NE 8th St. ensures a constant flow of potential customers passing by the property. This provides an excellent opportunity for businesses to capture the attention of a diverse customer base. The visibility on a heavily traveled road increases brand recognition and facilitates easy access for customers, making the property an attractive location for establishing a commercial presence. The bank property is strategically situated in Homestead, FL, a rapidly growing city in Miami-Dade County. Homestead is known for its strong local economy, growing population, and excellent transportation links. The property benefits from a high-traffic area with good visibility, making it easily accessible to both local residents and visitors. The surrounding area features a mix of residential, commercial, and retail developments enhancing the properties appeal and providing a larger customer base.

FOR SALE DETAILS

PRICE

$3,976,850 USD

PRICE/SF

$1,201 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

C-1

APN/PARCEL ID

10-7917-001-0160

ASK ABOUT THIS PROPERTY

Manny Chamizo IIIONE Sotheby's International RealtyMore Info
786-453-3171

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Manny Chamizo IIIONE Sotheby's International RealtyMore Info
786-453-3171

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.