Listing Agency: Modern World Realty a***@gmail.com Show Phone

Listed By: Anet Ortiz · License #3084854

Source: Crexi

Added: Jul 29, 2024 Changed: Aug 8 Last Checked: Jul 15 at 11:50AM

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Investment Insights

Based on property information with market context.

This commercial land is located in a designated Opportunity Zone, which offers tax incentives for investors. The property is zoned BU-1 (Neighborhood Business District), permitting various uses such as retail stores, service establishments, offices, restaurants, cafes, and car washes. The zoning allows for a maximum building height of 2 stories or 35 feet. The Floor Area Ratio (FAR) is 0.40 for a 1-story building, increasing by 0.11 for each additional story. Setbacks are 20 feet in the front, 20 feet in the rear from residential boundaries or 5 feet from BU/IU boundaries, 0 feet on the interior side adjacent to BU/IU districts, and 15 feet on the side street or 25 feet if adjacent to a residential district. This property is suitable for developing a mixed-use project catering to the needs of the local community.

Property Analytics

Property Profile

Current Use

Lillie C Evans ... High School LILLIE C. EVANS ... High School

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

809

Businesses Nearby

Explore this area Business Placement

Demographics for 33147, FL

48,823

Population

16,220

Households

3

Avg Household Size

39

Median Age

15%

College-Educated

77%

High-School Grad

7.2 sq mi

ZIP Area

6,781

Density / Sq Mi

$47,728

Median Household Income

$33,385

Median Earnings

$1,359

Median Rent

$301,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land for sale in a designated Opportunity Zone.

Where is this commercial land located?

The property is located at 1895 NW 75 street Miami, FL.

What is the asking price?

The asking price for this property is $320,000.