Redland Rd & Davis Pkwy Homestead, FL 33034
- Land
Current Use by Public Records
- Land
Property Details for 0 Redland Rd & Davis Pkwy
- Property type
- Land
Description
This exceptional 1.75-acre commercial land parcel presents a unique investment opportunity in Florida City, Florida. Located at the high-traffic intersection of Redland Road and Davis Parkway in Miami-Dade County, this C-2 zoned property boasts an impressive combined Average Daily Traffic (ADT) of 17,700 vehicles. The area is experiencing significant residential growth, with over 1,950 new homes currently under construction in the immediate vicinity. This strategic location will serve as a primary access point for the burgeoning residential community, ensuring unparalleled visibility and convenient customer access for any commercial development. The property is offered as a ground lease with a competitive annual rate of $7 per square foot, totaling $533,610 annually, and a 25-year lease term. Its prime location makes it ideally suited for a variety of commercial uses, including but not limited to: CVS, Walgreens, retail centers, fitness centers, medical centers, and urgent care facilities. The property's zip code is 33034, and its coordinates are 25.418422 latitude and -80.493251 longitude. This is a rare opportunity to capitalize on the explosive growth in this dynamic area. The property is situated at the address: REDLAND ROAD & DAVIS PKWY, Florida City, FL.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Homestead
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.4932
- Latitude
- 25.4184
