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Redevelopment High Density Opportunity 8975 NW 27th Ave 1,634 SF Retail Building Miami, FL 33147 $4,900,000 ($2,998.78/SF)
Investment Highlights
- Prime 2-Acre Development Site with the potential to build over 500 units.
- Opportunity for Self-service mini-warehouse storage facility
- Grandfathered zoning allows for a wide range of automotive uses
- Strategic Frontage on NW 27th Ave (Smart Corridor) with an average daily traffic count of 33,500
- Garage or mechanical service, including automobile repairs, body and top work and painting.
Executive Summary
MOTIVATED SELLER- DRAMATIC PRICE REDUCTION – NOW $4,900,000!!!
High-Traffic Location | Prime Development or Investment Opportunity
Lot Size & Usage: Currently operating as a commercial truck sales & box truck assembly facility
Strategically positioned along Miami-Dade’s Rapid Transit North Corridor, this property stands to benefit from the County’s ongoing $1.9 billion infrastructure program, which aims to expand and enhance the Metrorail system along NW 27th Avenue—dramatically improving connectivity, accessibility, and long-term development potential for the surrounding area.
Rare grandfathered zoning allows for a wide range of automotive uses
Ideal for truck sales, assembly, auto services, or potential redevelopment
Existing facility can be repurposed or reimagined for long-term value
Located in a rapidly evolving corridor with strong investment upside
Immediate access to major arteries including I-95 and SR 826
High-Traffic Location | Prime Development or Investment Opportunity
Lot Size & Usage: Currently operating as a commercial truck sales & box truck assembly facility
Strategically positioned along Miami-Dade’s Rapid Transit North Corridor, this property stands to benefit from the County’s ongoing $1.9 billion infrastructure program, which aims to expand and enhance the Metrorail system along NW 27th Avenue—dramatically improving connectivity, accessibility, and long-term development potential for the surrounding area.
Rare grandfathered zoning allows for a wide range of automotive uses
Ideal for truck sales, assembly, auto services, or potential redevelopment
Existing facility can be repurposed or reimagined for long-term value
Located in a rapidly evolving corridor with strong investment upside
Immediate access to major arteries including I-95 and SR 826
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
1,634 SF
Building Class
C
Year Built
1993
Price
$4,900,000
Price Per SF
$2,998.78
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.63 AC
Zoning
UC-CENTER- UCMCS - Unlock significant density potential with Live Local, offering the opportunity to build over 500 units.
Parking
58 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Fenced Lot
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-3103-000-0150 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,961,026 |
Property Taxes
Parcel Number
30-3103-000-0150
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,961,026
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Redevelopment High Density Opportunity | 8975 NW 27th Ave
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