20200 140th Ave Miami, FL 33177
- Retail properties
- 5.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 20200 140th Ave
- Lot size
- 5.00 lot acres
- Zone code
- 9000:AGRICULTURE
- Property type
- Retail properties
- APN
- 30-6910-000-0220
- APU
- 3069100000220
Description
This exceptional 5-acre property in Miami, Florida, presents a unique investment opportunity. Located at 20200 SW 140th Ave, Quail Heights, 33177, in Miami-Dade County, this centrally located land offers significant versatility. The property already features a functioning well and an established irrigation system, making it perfectly suited for the establishment of a nursery, whether for personal use or as a rental income source. The expansive acreage also provides ample space for the construction of a residential home, creating a potential blend of comfortable living and agricultural productivity. This combination of existing infrastructure and development potential makes this property an attractive prospect for a wide range of future projects. The asking price is $980,000. The property's location in Miami offers easy access to major transportation routes and amenities, further enhancing its appeal. This is a rare chance to acquire a substantial parcel of land with pre-existing infrastructure, ready for immediate development or long-term investment. Don't miss this opportunity to create your ideal space in a thriving South Florida location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $965,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $945,000
- 6.5%
- $920,000
- 7%
- $935,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $835,000
- Geo Method
- $1,000,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $780,000
- Retail
- $800,000
- Mixed-Use
- $1,040,000
- Hospitality
- $990,000
- Educational
- $790,000
- Residential Income
- $1,060,000
- Energy
- $1,030,000
- Income-Based Land
- $1,030,000
- Food Service
- $785,000
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.4183
- Latitude
- 25.5793
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA