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106-132 SW 5th Ave
Homestead, FL 33030
Homestead Industrial · Industrial Property For Sale
EXECUTIVE SUMMARY
Located at 106 SW 5th Ave, Homestead Industrial is a small bay industrial property totaling +/- 19,000 square feet, sitting on a 0.81-acre site, and is currently 100% leased. Situated in one of the country’s densest and most desirable sub-markets, the asset benefits from strong local demand and exceptional market positioning.
Despite stabilized occupancy, the Offering presents compelling upside: current in-place rents are approximately 30% below prevailing market levels in the sub-market, and our underwritten market rents remain meaningfully below the competitive set, allowing new ownership to increase rents while preserving the Property’s value-alternative positioning.
Built in 1947 and renovated in 2022, Homestead Industrial is located at 106-132 SW 5th Ave. The Property enjoys proximity to Miami Dade’s primary north–south corridor (US-1), with immediate access to the Florida Turnpike.
Despite stabilized occupancy, the Offering presents compelling upside: current in-place rents are approximately 30% below prevailing market levels in the sub-market, and our underwritten market rents remain meaningfully below the competitive set, allowing new ownership to increase rents while preserving the Property’s value-alternative positioning.
Built in 1947 and renovated in 2022, Homestead Industrial is located at 106-132 SW 5th Ave. The Property enjoys proximity to Miami Dade’s primary north–south corridor (US-1), with immediate access to the Florida Turnpike.
PROPERTY FACTS
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.36% | Year Built/Renovated | 1947/2022 |
| Property Type | Industrial | Parking Ratio | 0.64/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 14’ |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 0.81 AC | No. Drive In / Grade-Level Doors | 14 |
| Rentable Building Area | 18,786 SF | Opportunity Zone |
Yes
|
| Zoning | I-1 - Industrial General | ||
| Sale Type | Investment |
| Cap Rate | 6.36% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.81 AC |
| Rentable Building Area | 18,786 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1947/2022 |
| Parking Ratio | 0.64/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 14 |
| Opportunity Zone |
Yes |
| Zoning | I-1 - Industrial General |
AMENITIES
- Bus Line
UTILITIES
- Lighting - Fluorescent
- Water - City Water
- Sewer - City Sewer
PROPERTY TAXES
| Parcel Number | 10-7813-037-0310 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,785,697 CAD |
PROPERTY TAXES
Parcel Number
10-7813-037-0310
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,785,697 CAD
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