300 29Th St Miami, FL 33127
- Warehouses
- 6,783 SF
- 0.16 lot acres
Current Use by Public Records
- Light Speed Market / Grocery Delivery Service / Convenience Store
- Balloo Wallah / Delivery Restaurant
Property Details for 300 29Th St
- Year built
- 1948
- Construction
- CONCRETE
- Lot size
- 0.16 lot acres
- Property size
- 6,783 SF
- Zone code
- 6100:COMMERCIAL,NEIGHBRHD
- Property type
- Warehouses
- APN
- 01-3125-024-2800
- APU
- 131250242800
Description
This exceptional retail space, located at 300 NW 29th St in Miami, Florida (zip code 33127), offers a unique opportunity in the heart of Wynwood's vibrant pedestrian district. The property boasts a flexible layout ranging from 1,500 to 5,000 square feet, perfect for a variety of uses including retail, gallery, or office space. Situated on a high-traffic corner, at the intersection of 3rd Ave and 29th Street, this location ensures maximum visibility and exposure. The space features a brand-new vanilla shell build-out, offering 25-foot ceilings and a small upstairs mezzanine area, allowing for creative design and customization. Its prime location places it directly across from The Dorsey and within easy walking distance of popular establishments such as Zak the Baker, Pastis, Billionaire Boys Club, Walt Grace, and the Wynwood Garage, guaranteeing high foot traffic and a thriving customer base. This is an unparalleled opportunity for businesses seeking a prominent presence in one of Miami's most sought-after neighborhoods. The property is in Miami-Dade County and is a multi-tenant building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,975,000
- 6.5%
- $4,710,000
- 7%
- $5,275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,720,000
- Geo Method
- $5,280,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,600,000
- Retail
- $5,800,000
- Mixed-Use
- $4,365,000
- Hospitality
- $4,160,000
- Educational
- $5,275,000
- Residential Income
- $5,795,000
- Energy
- $4,610,000
- Income-Based Land
- $4,330,000
- Food Service
- $4,335,000
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2014
- Latitude
- 25.8035
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
