New Vacant Commercial Lot in Miami Gardens

[Gregory Avalone]

Contact for details.

Miami Gardens Commercial Lot (2 Folios) – 8400 sqft

Price: $165,000

Lot Size: 8,400 sqft

Fantastic vacant corner commercial lot zoned NC (Neighborhood Commercial) located directly on NW 27th Ave. in Miami Gardens area. This is a prime retail corridor, with an outstanding traffic count of 51,000 vehicles per day, and located directly down the block from a Winn Dixie anchored shopping center. Site is located just off the entrance and exit of the Palmetto Expressway, near 2 local universities. NW 27th Avenue is experiencing tremendous growth, including a 250,000 sq. ft. Marshalls-anchored shopping center with a brand-new Wawa, and is minutes from Amazon’s new 850,000 sq. ft. fulfillment center.
At $19/SF, this piece of land is an amazing opportunity.

Zoned NC (Neighborhood Commercial)
Zoning also falls into the Miami Gardens "Entertainment Overlay District"
(see attachments)

2017 Assessed Value: $168,000 ($20/SF)

Sold Comps:
19180 NW 27th Ave - $35.10/SF (28,500 SF Lot, zoned NC)

On Market Comps:
2801 NW 102nd St - $32.40/SF (40,005 Lot, Zoned RU-1)

12940 NW 27th Ave - $22.60/ SF (53,084 SF Lot, Zoned B-2)

18809 NW 27th Ave - $25.17/SF (43,700 SF Lot, Zoned NC)