Prime Retail Development Opportunity

1750 Northeast 8th Street, Homestead, FL

IN CONTRACT

$3,976,850

Price

3,310 sqft

Building Size

78,337 sqft

Lot Area

Gallery
Street
Map
Overview
Building Size
3,310 sqft
Lot Area
78,337 sqft
Class
C
Year Built
1985/ 2018 Renovated
Price Per Sqft
$1,201.47
Zoning
B-1; 6300 Commercial
Parking Spots
30
Description

•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 very little T.I. improvements on re-branding
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 consult listing
broker for further details

• 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.

Highlights
  • High-traffic area with good visibility, making it easily accessible to both local residents and visitors.
  • Close proximity to multiple public transportation services.
  • The bank property is strategically situated in Homestead, FL, a rapidly growing city in Miami-Dade County.
  • The surrounding area features a mix of residential, commercial, and retail developments enhancing the properties appeal.
Documents
Title
1750_OM_FINAL__1_.pdf
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Location
Gallery