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    16001 142Nd Ave Miami, FL 33177

    For Lease
    Contact for pricing

    1.1 Acres, Ideal Residential Development

    Lot size:
    47,871 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 47,871 square foot (1.1-acre) residential land parcel presents a unique opportunity for developers. Located at 16001 SW 142nd Avenue, this single-tenant property offers immediate availability and is perfectly situated for residential construction. The site's ideal location is underscored by the strong surrounding demographics. Within a 5-mile radius, the population exceeds 285,000 residents, boasting a robust average household income of $108,671. This affluent community provides a strong market for new residential development. Further enhancing the property's appeal is its proximity to Lennar's Salerno community, currently undergoing Phase II development. Salerno features homes priced between $743,000 and $867,000, indicating strong market demand and high potential for comparable residential projects on this site. The property's size and location make it an exceptional investment opportunity for those seeking to capitalize on the thriving residential market in this area. Pricing is available upon request. This is a rare chance to acquire a prime piece of land ready for immediate development. Don't miss this opportunity to build in a highly desirable and lucrative location.

    Property Features for 16001 142Nd Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    47,871 SF

    Unit(s) available at that property

    Space
    Size
    47,871 SF

    HighLights

    • 1.6001 SW 142nd Avenue, a 1.1‑acre (47,871 sq. ft.) residential land parcel.
    • Pricing available upon request.
    • Immediate delivery.
    • Ideal site for residential development; Lennar is developing a nearby luxury community with homes priced from $743,000 to $867,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.422350662143
    Latitude
    25.618590788878

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    FAQs

    What type of property is this?
    Land - 1.1 Acres, Ideal Residential Development
    Where is this land located?
    The property is located at 16001 142Nd Ave Miami, FL.
    What are key features of this property?
    This property features: 1.6001 SW 142nd Avenue, a 1.1-acre (47,871 sq. ft.) residential land parcel.; Pricing available upon request.; Immediate delivery.
    Request Owner's contact information
    16001 142Nd Ave Miami, FL 33177
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    Miami, FL 33177
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16001 142Nd Ave Miami, FL 33177
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