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727 NW 29th St - Industrial Covered Land Assemblage 0.74 Acres of Commercial Land Offered at $7,700,000 in Miami, FL 33127
Investment Highlights
- Coveted Industrial Zoning: Rare opportunity to control nearly a full acre of D1 industrial-zoned property
- Multi-Exit Optionality w/ Interim Income: Existing (and under-optimized) improvements provide substantial in-place income
- Addt'l Corner Opportunity: Rare opportunity for majority control of critical city block with addt’l 6,800 Sq. Ft. parcel available
- Opportunity Zone + Live Local Eligible: Take advantage of various paths to value generation via layered special incentive applicability
- Dominant Gateway Position: This city block-defining site anchors Allapattah’s Wynwood-facing edge adjacent to I-95 and the NW 7th Ave intersection
Executive Summary
THE ALPHA COMMERCIAL ADVISORS® PROUDLY PRESENTS A 0.90-ACRE COVERED OPPORTUNITY WITH UNDERLYING INDUSTRIAL ZONING ALONG ALLAPATTAH’S ESTABLISHED NW 29TH STREET COMMERCIAL CORRIDOR.
With flexible D1 industrial zoning in place, the offering consists of a multi-parcel assemblage totaling nearly a full acre, with various mixed-use structures from multi-family to retail that provide hold-over income while preserving long-term re-development upside. The existing improvements support a covered-land strategy for both developers and bullish land-bank investors alike.
The property is supported by conceptual plans for a 12-story, 216-unit mixed-use Live Local development, illustrating the scale and density achievable through entitlement, and maximizing available strategies via the site’s location in an opportunity zone with Live Local eligibility.
Positioned just west of I-95 and covering nearly a full city block at the closest possible proximity to Wynwood, the site benefits from strong visibility, stable traffic exposure, and direct connectivity to Miami’s urban core, making it well suited for entitlement-driven buyers seeking flexibility, scale, and multiple exit paths.
With flexible D1 industrial zoning in place, the offering consists of a multi-parcel assemblage totaling nearly a full acre, with various mixed-use structures from multi-family to retail that provide hold-over income while preserving long-term re-development upside. The existing improvements support a covered-land strategy for both developers and bullish land-bank investors alike.
The property is supported by conceptual plans for a 12-story, 216-unit mixed-use Live Local development, illustrating the scale and density achievable through entitlement, and maximizing available strategies via the site’s location in an opportunity zone with Live Local eligibility.
Positioned just west of I-95 and covering nearly a full city block at the closest possible proximity to Wynwood, the site benefits from strong visibility, stable traffic exposure, and direct connectivity to Miami’s urban core, making it well suited for entitlement-driven buyers seeking flexibility, scale, and multiple exit paths.
Property Facts
1 Lot Available
Lot
| Price | $7,700,000 | Lot Size | 0.74 AC |
| Price Per AC | $10,405,405.41 |
| Price | $7,700,000 |
| Price Per AC | $10,405,405.41 |
| Lot Size | 0.74 AC |
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (74)
Property Taxes
| Parcel Number | 01-3126-009-0400 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $385,922 |
Property Taxes
Parcel Number
01-3126-009-0400
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$385,922
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727 NW 29th St - Industrial Covered Land Assemblage
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