$9,000,000
South Miami - 20 acres
Details
APN 30-50-00-000-0031; 30-00-00-000-0000; 0020
Property Type Land, Business for Sale
Sub Type Agricultural, Commercial
Cap Rate 4.78%
NOI $430,000
Tenancy Vacant
Acreage 20.000
Zoning Agricultural
Investment Type Redevelopment
Ground Lease No
Land | 20 acres
Marketing description
Land opportunity 20 acres located at South Miami , income nursery, large inventory, great location, easy access to main highways, 5.2miles to Kendall-Tamiami Executive Airport property is higher than most soil level elevation, in the last 19 years was spread 20,000 cubic yards of soil, with large irrigation pumps, and 3 big diesel engines. Also the area is under city review for rezoning to residential, land opportunity for future development, the site location is steps from Main Street, that across is residential area, with community gate residential homes, close to schools, next to Publix supermarket, Walgreens pharmacy, TD Bank. Price reflects Land, Inventory, and the 30 years Business corporation.
Investment highlights
- Location
- Land opportunity for future Residential Development
- 5.2 miles from kendalll-Tamiami Executive Airport
- next to main highway
- https://drive.google.com/drive/folders/1WyzSJp7Y1avFLO_T4Hum4ZFA5Jzk-L5j
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$430,000.00
$35,833.33/mo
Valuation Metrics
0
DSCR
4.78%
Cap Rate
4.78%
ROI
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