THE POINT
Land | 0.931 acres
Marketing description
The subject property is a vacant land parcel situated within the Allapattah submarket of Miami, a well established and supply-constrained industrial market benefiting from proximity to Wynwood, Midtown, the Miami Design District, Miami International Airport and Hospital/Civic District, and major transportation arteries.
The site is zoned D2 - Industrial, allowing for a broad range of industrial uses including warehousing, light manufacturing, storage, and flex industrial applications, parking, retail, office and more. The parcel's triangular configuration and access from different points distinguishes it from more conventional rectangular industrial lots and will appeal to users and investors seeking functional outdoor storage, yard space.
The surrounding area continues to experience sustained demand driven by limited land availability, rising replacement costs, and the ongoing migration of users seeking centrally located sites within and near the Miami Urban Core.
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