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450 NW 42nd Avenue, Miami, FL 33126

T-6-8-O-zoned site with existing Checkers NNN investment and owner-occupied commercial office use.

Property SizeContact for details
Days on Market142

Property Features for 450 NW 42nd Avenue

General Information

Standard status Pending
Property subtype Land
Listing Agency: Apex Capital Realty
Listed By: Kate Pavlenko · License #FL 3332352
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 10:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Apex Capital Realty

Investment Insights

Based on property information with market context.

The property comprises four parcels totaling 34,770 SF with T-6-8-O zoning and existing improvements. Current uses include a Checkers NNN investment and an owner-occupied commercial office. The site has less than 6 years remaining on the lease.

Positioned along Le Jeune Road at NW 42 Street, the property sits between Miami International Airport and Coral Gables. Traffic is reported at over 45,000 vehicles per day. The zoning supports hotel, multifamily, mixed-use, self-storage, financial services retail, and food and beverage retail development.

Key Highlights

  • Four parcels totaling 34,770 SF
  • T‑6‑8‑O zoning supports hotel, multifamily, mixed‑use, self‑storage, financial services retail, and food and beverage retail
  • Existing Checkers NNN investment and owner‑occupied commercial office

Property Analytics

Current Use

A&N Beauty Lab Hair Salon Checkers Restaurant

Suggested Use

Top Pick Parking Lot & Garage Restaurant Clothing & Fashion Store (Bike/Boat/Book/etc) Store Pet Grooming Service Home Appliance Store

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

3,083
Businesses Nearby

Demographics for 33126, FL

48,751
Population
19,725
Households
2.5
Avg Household Size
44
Median Age
28%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
9,028
Density / Sq Mi
$55,722
Median Household Income
$32,607
Median Earnings
$1,651
Median Rent
$299,800
Median Home Value

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - T-6-8-O-zoned site with existing Checkers NNN investment and owner-occupied commercial office use.
Where is this commercial land located?
The property is located at 450 NW 42nd Avenue Miami, FL.
What are key features of this property?
This property features: Four parcels totaling 34,770 SF; T‑6‑8‑O zoning supports hotel, multifamily, mixed‑use, self‑storage, financial services retail, and food and beverage retail; Existing Checkers NNN investment and owner‑occupied commercial office
More about this property
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