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12740 SW 200th St - SW 200th Street Retail Land - 37,729 SF

1.83 Acres of Commercial Land Offered at $3,200,000 in Miami, FL 33177

Investment Highlights

  • Well-Located 1.83 Acre South Miami Retail Outparcel
  • Seller Has Priced Outparcel to Sell
  • Subject Property is Adjacent to Dollar Tree New Development Project
  • Ideal for Quick Service Drive-Thru Retail Development
  • SW 200th Street and SW 127th Avenue is High Traffic Densely Populated Corner
  • Nearby Tenants Include Publix, Bank of America, Walgreens, O'Reilly Auto Parts & AutoZone

Executive Summary

Marcus & Millichap is proud to market the SW 200th Street Commercial Land Investment, located in the heart of Miami just off the Southwest corner of SW 127th Avenue and SW 200th Street. The property is 79,714 square feet of BU-1A (Limited Business District) zoned commercial land. The site sits just west of a 7-11 property which is located on the hard corner. The lot is ideal for multiple single tenant retail developments. The lot is ideal for quick service drive-thru tenant development.
The subject property sits in a growing retail corridor, with multiple national tenants in the immediate area, including Publix Supermarket, Walgreens, AutoZone, and Bank of America. This corner of SW 200th Street and SW 127th Avenue is a busy intersection with a high local residential density of almost 20,000 people living within a mile of the subject property.
This is a great opportunity for a retail developer to purchase a reasonably priced development site in one of the most densely growing submarkets in the entire country. Miami-Dade County has benefitted from massive population growth since the end of the Covid pandemic. The county is historically under retailed, with multiple possible quick service retail tenants that would be interested in being located on this site.

Property Facts

Price $3,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 1.83 AC

1 Lot Available

Lot

Price $3,200,000
Price Per AC $1,748,651
Lot Size 1.83 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-6911-001-0011
Land Assessment
$1,753,708
Improvements Assessment
$12,264
Total Assessment
$1,765,972

zoning

Zoning Code BU-1A (Limited Business District)
BU-1A (Limited Business District)
  • Listing ID: 31339549

  • Date on Market: 3/27/2024

  • Last Updated:

  • Address: 12740 SW 200th St, Miami, FL 33177

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