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2919 NW 8th Ave - Industrial Zoned Corner Covered Opportunity 0.16 Acres of Industrial Land Offered at $1,395,000 in Miami, FL 33127
Investment Highlights
- Liberal Industrial Zoning: Underlying D1 industrial zoning supports a broad range of the most high-demand uses
- Covered Land Infill Advantage: Secure a key piece of the puzzle in an emerging market with existing improvements allowing for immediate income
- Assemblage Opportunity: Rare opportunity for majority control of critical city block with addt’l 0.90-acre assemblage available
- Multi-Exit Optionality: Opportunity Zone-located and Live Local Eligible, the site offers multiple paths to revenue generation
- Strategic Peripheral-Core Location: Situated at the nearest block west of the Wynwood and I-95 with direct access to major employment & transportation
Executive Summary
THE ALPHA COMMERCIAL ADVISORS® PRESENTS A CORNER INFILL OPPORTUNITY WITH UNDERLYING INDUSTRIAL ZONING ALONG ALLAPATTAH’S ESTABLISHED NW 29TH STREET COMMERCIAL CORRIDOR.
Offering total use optionality thanks to its highly sought-after D1 zoning, this asset sports an existing fourplex covered component providing near-term income while preserving long-term upside. The liberal D1 industrial/commercial underlying zoning allows for exceptional flexibility for uses like warehouse, storage, and automotive in addition to traditional retail/office, appealing to investors, users, and future redevelopment strategies alike.
Positioned just West of I-95 at the corner of the nearest full-block to Wynwood, the site benefits from strong visibility, stable traffic counts, and direct connectivity to major transportation routes & surrounding peripheral core neighborhoods. As demand for well-located and accessibly-sized industrial infill opportunities continues to intensify, this offering presents a compelling opportunity to secure a winning position, multi-exit asset in one of Miami’s most resilient submarkets.
Offering total use optionality thanks to its highly sought-after D1 zoning, this asset sports an existing fourplex covered component providing near-term income while preserving long-term upside. The liberal D1 industrial/commercial underlying zoning allows for exceptional flexibility for uses like warehouse, storage, and automotive in addition to traditional retail/office, appealing to investors, users, and future redevelopment strategies alike.
Positioned just West of I-95 at the corner of the nearest full-block to Wynwood, the site benefits from strong visibility, stable traffic counts, and direct connectivity to major transportation routes & surrounding peripheral core neighborhoods. As demand for well-located and accessibly-sized industrial infill opportunities continues to intensify, this offering presents a compelling opportunity to secure a winning position, multi-exit asset in one of Miami’s most resilient submarkets.
Property Facts
1 Lot Available
Lot
| Price | $1,395,000 | Lot Size | 0.16 AC |
| Price Per AC | $8,936,178.39 |
| Price | $1,395,000 |
| Price Per AC | $8,936,178.39 |
| Lot Size | 0.16 AC |
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 01-3126-009-0470 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $453,871 |
Property Taxes
Parcel Number
01-3126-009-0470
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$453,871
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2919 NW 8th Ave - Industrial Zoned Corner Covered Opportunity
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