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2012 NW 21st st 0.36 Acres of Commercial Land Offered at $1,600,000 in Miami, FL 33142
Investment Highlights
- Fully improved parcel generating income today through operating parking lot.
- Rectangular infill site positioned for hold, build-to-suit, or redevelopment.
- Exceptional access to I-95 and SR-836 supporting regional transportation convenience.
- Flexible D1 zoning permits warehouse, office, flex, and creative space development.
- Located minutes from Miami International Airport, seaport, and riverport logistics hubs.
- Competitive land pricing in a fast-appreciating submarket with strong industrial demand.
Executive Summary
Zoned D1, the property supports a broad range of uses including warehouse, last-mile logistics, flex, office, and creative space configurations. Situated steps from NW 21st Street and proximate to key urban corridors, the parcel benefits from strategic access to I-95 and SR-836, facilitating county-wide connectivity and convenient transport to the airport, seaport, and regional freight hubs.
Whether acquired for land banking, a build-to-suit development, or owner-user repositioning, this site offers an operationally secure interim use and strong upside as Allapattah’s pricing and absorption continue to accelerate. As Miami’s urban core constricts, this property provides a unique ability to control a redevelopment-ready parcel in a market where infill sites with income are increasingly scarce.
Property Facts
1 Lot Available
Lot
| Price | $1,600,000 | Lot Size | 0.36 AC |
| Price Per AC | $4,505,240.16 |
| Price | $1,600,000 |
| Price Per AC | $4,505,240.16 |
| Lot Size | 0.36 AC |
15,471 SF Industrial Lot | D1 Zoning | Prime Allapattah location. Flexible development potential allowing industrial, warehouse, office, showroom, retail, and mixed-use uses. Minutes from Wynwood, Downtown Miami, and major transportation corridors.
Description
15,471sf industrial lot in the heart of Allapattah, currently improved as an income-producing parking lot. A rare piece of urban core land offering flexibility: hold and operate as-is for cash flow, build to suit for warehouse/flex use, or land-bank in the immediate path of development. The site's best feature is location. Allapattah is an urban core neighborhood, with quick access to major population centers like downtown, Brickell, coral gables, Wynwood and more. It also features great access to major logistical focal points such as the airport, riverport and seaport, and all the areas major highways such as I95 and SR836 which can get you anywhere north/south/or west in the county. Its location adjacent-West of Wynwood and adjacent-North of the Civic Center also means its in the immediate path of development, and thus also a great investment.
Property Taxes
| Parcel Number | 01-3127-054-0080 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $880,391 |
Property Taxes
