1985 NE 8th St - Campbell Drive - TractB
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1985 NE 8th St - Campbell Drive - TractB
3.21 Acres of Commercial Land Offered at £4,931,250 in Homestead, FL 33033
Investment Highlights
- Direct frontage of on highly desired Campbell Drive (NE 8th St. a/k/a SW 312th St.) with a daily traffic count of over 29,000 vehicles
- Designated Federal Opportunity Zone
- Less than 1/3 of a mile from the Florida Turnpike Exit #2
Executive Summary
The Property fronts highly desired Campbell Drive (NE 8th St. a/k/a SW 312th St.) with a daily traffic count of over 29,000 vehicles and is less than 1/3 of a mile from the Florida Turnpike Exit #2. The Property is in a designated Federal Opportunity Zone. The City of Homestead, located within Miami-Dade County, is very popular among middle class home buyers and is in high demand by national developers.
The Property is zoned Retail Commercial (B-2) district and has a Future Land Use Map (FLUM) of Light Commercial Use (LCU). The LCU land use designation is implemented by the B-1A, B-1, R-4 and B-2 districts. Permitted uses within the LCU include hotel/motel, office, retail and other business uses which generally require frontage locations on major roadways.
The Property’s surrounding area is densely populated and the location for national retailers, a regional mall, and major employers including Baptist Health Homestead Hospital, Publix, Walgreens, CVS, Lowe’s, Kohl’s, Ross Dess for Less, Marshalls, TJ Maxx, Michael’s, Petco, Staples, Office Depot and many more.
Additionally, there are a variety of dining and hospitality options including Longhorn Steakhouse, Olive Garden, Chili’s, Chipotle, Red Lobster, Buffalo Wild Wings, Outback Steakhouse, McDonald’s, as well as Courtyard Marriott, Hampton Inn & Suites, Planet Fitness and more.
The Property is zoned Retail Commercial (B-2) district and has a Future Land Use Map (FLUM) of Light Commercial Use (LCU). The LCU land use designation is implemented by the B-1A, B-1, R-4 and B-2 districts. Permitted uses within the LCU include hotel/motel, office, retail and other business uses which generally require frontage locations on major roadways.
The Property’s surrounding area is densely populated and the location for national retailers, a regional mall, and major employers including Baptist Health Homestead Hospital, Publix, Walgreens, CVS, Lowe’s, Kohl’s, Ross Dess for Less, Marshalls, TJ Maxx, Michael’s, Petco, Staples, Office Depot and many more.
Additionally, there are a variety of dining and hospitality options including Longhorn Steakhouse, Olive Garden, Chili’s, Chipotle, Red Lobster, Buffalo Wild Wings, Outback Steakhouse, McDonald’s, as well as Courtyard Marriott, Hampton Inn & Suites, Planet Fitness and more.
Property Facts
Price | £4,931,250 | Property Subtype | Commercial |
Sale Type | Investment or Owner User | Proposed Use | |
No. Lots | 1 | Total Lot Size | 3.21 AC |
Property Type | Land | Opportunity Zone |
Yes
|
Price | £4,931,250 |
Sale Type | Investment or Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 3.21 AC |
Opportunity Zone |
Yes |
1 Lot Available
Lot B
Price | £4,931,250 | Lot Size | 3.21 AC |
Price Per AC | £1,536,215 |
Price | £4,931,250 |
Price Per AC | £1,536,215 |
Lot Size | 3.21 AC |
Tract B totals 3.2158-acres with direct frontage of 223.18' on highly desired Campbell Drive (NE 8th St. a/k/a SW 312th St.) with a daily traffic count of over 29,000 vehicles and is less than 1/3 of a mile from the Florida Turnpike Exit #2.
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £0 | |
Land Assessment | £3,875,765 | Total Assessment | £9,512,280 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£3,875,765
Improvements Assessment
£0
Total Assessment
£9,512,280
zoning
Zoning Code | B-2 (Business) |
B-2 (Business) |
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1985 NE 8th St - Campbell Drive - TractB
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