18400 W Dixie Hwy
Mixed Use | 3.73% CAP | 11,000 SqFt
Marketing description
Warehouse/development site available with no long term leases. Zoning is 15 stories and 125 units/acre Mixed-Use Development parcel on a 0.76 acre lot located on the corner of W Dixie Hwy and NE 184th Ter 200 feet of direct frontage along West Dixie Hwy - less than a mile from the new Brightline Rail Station. Proforma income $296K The property is located in the Ojus Urban Area District (OUAD) Mixed-Use Corridor (MC) and offers an excellent opportunity to redevelop with a current maximum building height of 15 stories and 125 units per acre. The site includes 4 existing buildings totaling 11,127 SF and a cell tower which provides excellent passive income (currently $5,100/month) with tenant 5 year options in 2023 and 2028 (15% increases) . Adjacent to the City of Aventura
Investment highlights
Liberal zoning can build 15 stories...close to Brightline, Aventura mall in booming Ojus.
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