APEX Capital Realty is pleased to present the opportunity to acquire a multi-tenant retail building which sits adjacent to a signaled intersection at the highly trafficked NW 27th Avenue transit corridor. Located within a Qualified Opportunity Zone & blocks from the Brownsville METRORail Station, this property provides unique benefits for value-add in the short-term and land value in the long-term per proximity to public transit.
Lot Size: 9,675 Sq. Ft. (0.22 acres)
Building Size: 4,120 Sq. Ft.
Available SF: approx. 2,690 SF
Zoning: UC-MC (UC-Center Mixed-Use Corridor)
Max. Height: 12 stories
Density: 90 units per acre (19.8 on this site)
Lot Dimensions: 75? x 129? approx.
Parking: 10 spaces
ASKING PRICE: $595,000
Available Area: Approx. 2,690 SF
Existing Use: Market / Deli
Asking Price: $3,500/mo
Contains two separate retail spaces both with full kitchens, the larger of the two was previously a convenience store/deli and is currently available for lease.
Located within a Qualified Opportunity Zone, just off NW 27th Ave in what is technically the Brownsville neighborhood, the property sits at the borders of the Westgate & Model City neighborhoods, and just to the north of Allapattah.
Situated along the Strategic Miami Area Rapid Transit (SMART) Corridor and only 2 blocks from the Brownsville METRORail Station to the south, and 9 blocks from the Dr. Martin Luther King Jr. Plaza METRORail Station to the north.
This site provides unique benefits toward a “Transit-Oriented Development” in the future with its height and density bonuses which are 12 stories instead of 6, and 90 units per acre instead of 60. Also allows for a 50% reduction in required parking.
This property can be sold to an owner-user looking to occupy the remaining square footage and benefit from the income from the second tenant, or an investor looking for a value-add or future development opportunity to maximize on the continuing growth of the surrounding area over time.
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
|Population Median Age||35||40||41|
|Population by Age||0-9 Yrs||3150 (15%)||28963 (12%)||68031 (10%)|
|10-19 Yrs||3232 (15%)||26655 (11%)||63738 (9%)|
|20-29 Yrs||2925 (14%)||31919 (13%)||88804 (13%)|
|30-39 Yrs||2294 (11%)||31767 (13%)||94098 (14%)|
|40-49 Yrs||2793 (13%)||33480 (14%)||92167 (14%)|
|50-59 Yrs||2611 (12%)||33243 (13%)||90169 (14%)|
|60-69 Yrs||1987 (9%)||24168 (10%)||66646 (10%)|
|70+ Yrs||1492 (7%)||27355 (11%)||79832 (12%)|
|Median HH Income||$23,826||$28,492||$33,107|
|Total Household Income||< 24K||3328 (52%)||34005 (44%)||86662 (39%)|
|25-49K||1626 (25%)||21044 (27%)||57646 (26%)|
|50-74K||779 (12%)||10814 (14%)||31762 (14%)|
|75-99K||340 (5%)||4692 (6%)||16761 (7%)|
|100-199K||298 (4%)||4580 (6%)||20203 (9%)|
|200K+||27 (0%)||588 (0%)||5895 (2%)|
|Highest Education Level||No Diploma||3655||51668||126600|
|Diploma or GED||4669||60083||153525|
|Total Housing Units||7,309||83,084||245,277|
|Owner-Occupied Values||< 100K||599||4893||9859|
|Total Working Age Population||15,374||192,432||537,715|
|In Work Force||8,795||109,246||318,848|
|Not In Work Force||6,580||83,186||218,867|
|Single Male w/Child||178||1,702||5,266|
|Single Female w/Child||1,078||9,276||19,717|
Population Change Last Two Decades - Plus Projection
No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.