NW 57th Ave & 142nd St Ave
Opa Locka, FL 33054
Land For Sale · 1.98 AC

Casal Group is pleased to offer this valuable investment land sale offering in Miami, Florida, featuring 1.98 acres (86,249 sf) of land fronting Red Road | NW 57th Avenue. This land site neighbors the busy AVE Aviation & Commerce Center and The Town of Miami Lakes, and is accessed by many other neighboring businesses and residents. This ready to build land investment maintains approximately 200 linear ft of frontage on Red Road with a deceleration lane right-in access. Additionally, the parcel is accessible by NW 56th Ct (rear). The land is entitled, filled to grade, with all utilities to the site. Development allows for most retail, office, and industrial uses. This investment land sale offering is located within AVE Aviation & Commerce Center (AVE), a 178 acre master planned business park. AVE maintains a long-term leasehold interest in the land, leased from Miami-Dade County via the Miami Dade Aviation Department. The parcel offered is to be delivered with a master leasehold interest. The master lease has an expiration date of April 30, 2084, and has a land lease cost of $0.39 per land foot per year. This investment land sale offering is located in Central Miami-Dade County in the Town of Miami Lakes. It has the ideal retail location, with immediate freeway access and Red Road Frontage with exposure to about 50,000 cars per day.