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- LoopNet Team
8975 NW 27th Ave
Miami, FL 33147
* 1.63 AC/Covered Land/Rapid Transit Zone · Land For Sale
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1.63 AC
INVESTMENT HIGHLIGHTS
- High density mixed use zoning
- Located on Rapid Transit Smart Corridor
- Redevelopment Opportunity
PROPERTY FACTS
DESCRIPTION
70,789 SqFt (1.63 Acres) with mixed use high density zoning. Fronting Rapid Transit corridor on 27th Ave. Take advantage of the new Live Local Act (SB102) for maximum density. Build up to 146 Units by right up to 12 stories Prime location right on NW 27th Ave (Smart Corridor) with a average daily traffic count of 33,500. Property has grandfathered dealership and mechanic facility license with over $800K of inventory as well as multiple streams of Income amounting to over $3M in gross sales. The property is located on a Miami Area Rapid Transit North Corridor. A $1.9B program that will provide residents with a seamless transit experience by extending the County’s existing Metrorail system along NW 27 Avenue from the Martin Luther King Station to County Line. Uses: • Self-service mini-warehouse storage facility • Automobile and truck services • Open lot car and truck sales new or used, including as ancillary uses, automobile repairs, body and top work and painting, • Garage or mechanical service, including automobile repairs, body and top work and painting. • Truck storage • Automobile washing
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $180,069 | |
| Land Assessment | $885,500 | Total Assessment | $3,787,927 |
PROPERTY TAXES
