Orlando Alpizar Of Compass Facilitates Retail Property Sale In Homestead For $2.485M
255 Northwest 8th Street
$2,485,000
$236/SF
Building Size
10,500 SF
Asset Type
Retail
Closing
Mar 3, 2025
About this deal
AI
The property asset involved in this transaction is a retail space located at 255 Northwest 8th Street in the Homestead market. The sale price for this asset was $2,485,000, featuring a total square footage of 9,900, which translates to a price per square foot of $251.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,485,000
- Address: 255 Northwest 8th Street
- Market: Homestead
- Square Footage: 9,900
- Price Per Square Foot: $251
- Broker: Orlando Alpizar
- Broker Agency: Compass
The key individual involved in this transaction is broker Orlando Alpizar, representing the sale through Compass. This transaction showcases the collaboration between the broker and their agency in facilitating the retail property sale within the specified market.
On the Map
$2,485,000
$236/SF
Retail
View full map
Players
Homestead Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Orlando Alpizar to view all their deals.
Browse Homestead retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.38%
Cash-on-Cash
-1.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93