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NW 79th St - Vacant Corner Lot - Miami 0.56 Acres of Commercial Land Offered at $2,500,000 in Miami, FL 33150
INVESTMENT HIGHLIGHTS
- - Premium Visibility and Accessibility: 300 feet of primary street frontage on NW 79th St
- - Strategic Location Near I-95: Less than 0.01 miles from I-95 entrance and exit points
- - Extensive Frontage and High Traffic Flow: 300 feet of primary street frontage on NW 79th St
- - Ideal for High-Traffic Businesses: Suitable for Quick Service Restaurants, oil change stations, or car wash facilities
EXECUTIVE SUMMARY
This exceptional asset is offered free and clear of debt, with an asking price of $2,500,000. Spanning 0.56 acres, the property is zoned T5-0, which supports a dense urban residential development of up to 65.00 dwelling units per acre, translating to a potential of 36 units.
Positioned within Miami's rapidly evolving urban landscape, this site is optimally situated to accommodate a variety of high-traffic retail uses, making it a versatile investment for developers and commercial enterprises alike. Additionally, its zoning and central location provide a unique cover land play opportunity, allowing investors to capitalize on both immediate retail potential and future development prospects.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,500,000 | Lot Size | 0.56 AC |
| Price Per AC | $4,464,285.71 |
| Price | $2,500,000 |
| Price Per AC | $4,464,285.71 |
| Lot Size | 0.56 AC |
DESCRIPTION
Premium Visibility and Accessibility: Located at the prominent signalized intersection of NW 79th St & NW 7th Ave, this property boasts unparalleled exposure with over 55,000 combined vehicles passing daily. Strategic Location Near I-95: Less than 0.01 miles from the I-95 entrance and exit points, ensuring seamless access to one of Miami's busiest highways. This proximity enhances traffic flow and connectivity, making it a highly desirable location for businesses catering to both local and through traffic. Extensive Frontage and High Traffic Flow: With 300 feet of primary street frontage on NW 79th St, the property ensures maximum visibility. The adjacent streets carry traffic at speeds of 35-40 MPH, optimizing the location for quick-stop businesses and attracting a steady stream of customers. Ideal for High-Traffic Businesses: This corner parcel is perfectly suited for fast-paced commercial ventures such as Quick Service Restaurants (QSR), oil change stations, or car wash facilities, all of which would benefit from the site's high traffic, easy access, and significant street presence.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,054,995 | Total Assessment | $1,054,995 |
PROPERTY TAXES
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NW 79th St - Vacant Corner Lot - Miami
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